In addition to a whopping salary hike, the 7th Pay Commission has also recommended several new aspects for the structure.
An alarming 31 per cent of new joinees quit their jobs within the first six months —a huge loss of revenue for organisations. How can organisations check this?
The Show inspires students to discover the latest training, education and career opportunities available worldwide.
The partnership will enable ITC Infotech to strengthen its aviation capabilities and expand its expertise in the Human Capital Management (HCM) domain.
It is designed to provide ample space to study, relax, interact, innovate and engage in lively discussions.
Around 38 per cent of participating companies plan to fire managerial-level employees, while there will be only 29 per cent reduction in the workforce in the current quarter. Speed of hiring is expected to go up from 62 to 88 per cent.
New age companies have brought in a change in mindset and forced recruiters to rethink.
Though business in e-commerce is driven by technology, the human element continues to play a pivotal role in new-age economies, making the role of HR more dynamic and challenging.
When Darwin explored ‘survival of fittest’, the ‘emotional intelligence’ was not a developed subject in the new-world. Now, we are very successfully dodging the growth fitness with our hypocrisy.
Most of the employees will be brought in for technology roles and requirements.
The company with a 9000 strong workforce, expects to see a 30 per cent increase in its revenues accompanied by a substantial increase in its staff strength by the end of the FY16.
The employees have taken a cue from what’s happening around them. They have decided to return their salary hikes and…
Gen X is unique in the sense that they have had hands on experience of the both the old and new world, which has enhanced their adaptability quotient and also makes them amenable to various tools and approaches for learning, rather than sticking to one way only.
The workplace today has vast generational differences, often leading to conflicting opinions and rough situations. Here is how one can make the environment more conducive and collaborative.
The new locally-developed product will help fresh graduates find a job and also assist recruiters in managing their campus placement activities.
This is an important decision as in the 127 year old history for National Geographic, this is the biggest instance of a layoff drive.
The online application helps to identify and develop leaders within organisations.
Ironically, the less we know about potential hires and their propensity to contribute to an enterprise, there is a greater probability of them being incentivised in terms of rewards, remuneration and compensation!
Yuvaraj Srivastava spent more than five years with the Indian army before he moved to the corporate sector. This certainly makes him a differently talented HR professional.
Post his army days, Srivastava dabbled in different sectors starting from an industrial unit (Asian Paints), moving on to hospitality (The Oberoi), then to FMCG (PepsiCo) before joining a new age company (MakeMyTrip). His exposure to HR management in different sectors has contributed to the richness of his experience.
Srivastava, CHRO, MakeMyTrip speaks to HRKatha on how human resources is same yet different in varied sectors. He has coined different terms for each of his experiences. He describes how serving the armed forces has taught him to be a better HR professional. Excerpts!
As part of our CEO’s Shadow Board, he is ensuring he follows even the Boss’s shadow.
The company aims to create an environment of collaboration, innovation and engagement through quality conversations.
HR today requires a tighter alignment of talent skills, and needs to augment its capabilities to anchor change within management processes.
Around 29 per cent of the respondents rated the size of the company as the most important factor while joining or switching companies, whereas 27 per cent felt career prospects was the topmost priority.
The cloud-based, data-driven, standardised assessment test, evaluates over 200 skills, spanning language, cognitive and functional competencies, personality traits and situation handling.
At the Toyota Kirloskar Motors Gurukul, raw talent undergoes structured training to become job ready and emerge as specialist skilled workers.
While hiring volume has remained stagnant, the budget for recruiting solutions has dropped, leading talent acquisition officers to rely on employee referrals and employee retention.