Tag: bell curve

Tata Power co-creates a new performance management system with employees

In the new system, there is no forced fitment of an individual into a particular performance grade. The erstwhile quota system of performance grades, where every department is supposed to have its list of high and low performers, has been abolished.

7th Pay Commission: Compensation changes have a positive though very limited...

Let us creatively appreciate the highlights and take a guess whether this additional cost will create gross national value on the hypothesis: 'happy, engaged and motivated employees co-create better yield'!

“Kotak creates professional entrepreneurs,” Makarand Khatavkar

An alumnus of the Tata Institute of Social Sciences, and an accredited coach (ACC) recognised by the International Coach Federation, Makarand Khatavkar, group head–human resources, Kotak Mahindra Bank, has built HR teams from scratch, more than once.

A seasoned HR professional, Khatavkar’s career spans three decades. He has spent around 20 years in the BFSI sector alone. Prior to joining Kotak, he led HR at Deutsche Bank.

He speaks to HRKatha, on how the banking industry is realigning its people’s strategy with the changing business environment, and the plans specific to Kotak Mahindra’s employee engagements.

“Infosys’ longevity will depend on how well we build on our...

Richard Lobo is a qualified mechanical engineer who decided to pursue a career in human resources. Post his PGDM in Marketing and Finance, from Xavier Institute of Management, Lobo dabbled in sales and marketing at Godrej & Boyce.

He joined Infosys in 2000 where he was recently appointed as the senior vice-president & head-HR. In his new role, he oversees the functions of business HR, employee relations, geography-HR and HR delivery for Infosys.

In the last one year, the company has introduced several changes in terms of people practices. Lobo chats with HRKatha on the company’s people strategy and his overall view on the changing dynamics of the human resource function.Excerpts!

How Aircel survived the worst

Aircel, a top -down organisation in terms of compensation and benefits, turned the pyramid upside down only to discover that it worked wonderfully in its favour!

ExxonMobil hikes pay for CEO, CFO, senior VPs

Exxon Mobil Corp XOM.N has decided to raise the base salaries — that make up 10 per cent of overall compensation — of its...

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‘Learning Tuesdays’ at Barco are not just about learning

Growth of employees has become a priority for most organisations today, and growth does not only happen through promotions and pay raises alone. Upskilling...

Zeon Lifesciences to upgrade plant, boost production, create more jobs

Zeon Lifesciences, an Indian nutraceutical and herbal products manufacturing company is upgrading its plant in Paonta Sahib, Himachal Pradesh. The objective is to boost...

ASHA workers protest in Bengaluru, demand timely salary, incentives

On 30 November, 2022, the Accredited Social Health Activists (ASHA), who work in Bengaluru Urban limits, held a protest to draw attention to their...

Job cuts at CNN, affected staff to be informed soon

A ‘gut punch’ is what Chris Licht, CEO, CNN rightly described the announcement of layoff plans as. Licht recently sent a memo to the...

DIALOGUE

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...