The Houston-based Halliburton, one of the world's largest providers of products and services to the energy industry with over 55,000 employees, has agreed to pay the amount and furnish significant relief to settle a national origin and religious discrimination lawsuit brought by the US Equal Employment Opportunity Commission (EEOC).
HR Guru Mayank Rautela offers practical advice.
HR Guru Mayank Rautela offers practical advice.
The company is also looking at creating an algorithm-based talent marketplace and an internal gig workers' community. Talent Cloud will be powered by Algo Talent Development, enabling associates to move across different technologies and industry domains.
It has taken a pandemic to move the needle on the salary packages for greenhorn engineers hired by the Indian IT services sector. The country's third-largest IT services player, HCL Technologies, has decided to boost the entry-level packages from Rs 3-3.6 lakh to Rs 4.25 lakh for FY23, in a bid to attract fresh talent and keep them for longer to counter the impact of rising attrition. This new package would also be applicable to those freshers who joined the firm in FY22.
Bankers say debt resolution bills are coming high as resolution professionals are giving the human resources and audit/legal consulting to outside firms to plug all the loopholes.
According to experts in human resources, even joining of new graduates is likely to be staggered as companies are expected to onboard staffers after gauging the demand scenario.
All transfers and promotions for next financial year will be decided by respective banks, not by the merged entity.
Despite partial restoration of salaries, pilots across airlines remain dissatisfied, throwing challenges for managers.
Senior bureaucrats Avinash Joshi and Niraj Verma are among the 10 candidates who are in the race to become chairman and managing director of India's largest oil and gas producer, ONGC. Mangalore Refinery and Petrochemicals Ltd (MRPL) director-finance Pomila Jaspal and ONGC director for technology and field services Om Prakash Singh are the other prominent names in fray for the top job, according to a candidate shortlist by the Public Enterprise Selection Board (PESB). PESB - the government headhunter - will hold interviews to select the new head of Oil and Natural Gas Corporation (ONGC) this week. Both the bureaucrats are from the 1994 batch of IAS officers belonging to the Assam-Meghalaya cadre.
Union Home Minister Amit Shah has directed all central armed police forces to compile three-year data and inform his ministry if their jawans and officers are utilising their stipulated leaves as part of his ambitious proposal that aims at allowing troops spend at least 100 days with their families in a year, officials said on Thursday.
Top commanders of the Indian Army on Monday carried out a comprehensive review of the country's security challenges, including in eastern Ladakh and other sensitive areas along the Line of Actual Control (LAC) with China, on the opening day of a four-day conference, people familiar with the developments said.
In the second quarter, attrition for the IT firm hit an all-time low of 8.9 per cent, a fall of 120 basis points on quarter-on-quarter basis.
Anybody who's plugged in to the modern, globalised world will understand why, says Kanika Datta.
The HRD minister also claimed that Charaka Rishi, hailed as one of the principal contributors of Ayurveda, was the first person who researched and discovered atoms and molecules.
Smriti Irani, the new minister of human resource development, hasn't completed her graduation and yet achieved success in life. Here are some other people who have chosen similar paths.
An increasing number of hiring managers are opting for video conferencing platforms to know the candidates, explains Narayan Bhargava, chairman and managing director, Calibehr.
Uttar Pradesh Chief Minister Yogi Adityanath on Thursday directed officials to speed up setting up of a commando training centre in Rampur and also form a skilled team of women commandos.
The board will now be headed by Vinod Kumar Yadav as chairman and CEO, and it will have four other members.
HR Guru Mayank Rautela offers practical advice.
This is an increment of about 0.50 per cent compared to the last budget.
Companies such as Uber, Accenture, BNY Mellon, The Lalit, Kronokare and Unhotel will be hiring candidates for various roles.
The CBSE announcement came following a directive from the Human Resource Development ministry saying exams are important but safety and security of students and teachers is equally important.
'It is very disturbing to know that even in today's world women are treated differently.'
A White Paper issued by the government on its human resources said China, the fastest developing nation and the world's top manufacturing giant, has 'a vast reservoir of human resources'.
"I had said it earlier and reiterating it now that educational institutions should not be made 'rajiniti ka akhada' (political battlefield) as it affects the life and progress of our students," Irani told reporters when asked about the violence in the campus. "I hope students will not be used as 'rajnitik mohre' (political tools)", the Amethi MP said. "A probe has started in the matter and it is not justified for me to comment on it as I am in a constitutional post," she added.
Singh also said that Indian troops are standing firm braving extreme weather and hostile forces to defend the country's territorial integrity.
A total of 17 pilots of Air India, IndiGo and Vistara died due to COVID-19 in May when the country saw the peak of the coronavirus pandemic's second wave, sources said on Thursday.
The country's largest software services firm Tata Consultancy Services on Monday opened the fourth-quarter earnings season with a stellar set of numbers, crossing the Rs 50,000 crore revenue mark for the first time and earning a net income of Rs 9,926 crore, registering a growth of 7.4 per cent year-on-year. The company said its revenue jumped 15.8 per cent to Rs 50,591 crore in the reporting quarter on an annualised basis. Many analysts were expecting the Tata group flagship to report over Rs 10,000 crore of net income and revenue to cross the Rs 50,000 crore mark this quarter.
Within two days, the business school had 108 recruiters making 370 domestic and international offers, including 23 new final recruiters with an average salary of Rs 25.08 lakh.
The two crucial exams were postponed due to the lockdown imposed in the country to combat COVID-19. "JEE-Main will be held from July 18-23, while JEE-Advanced will be held in August. NEET will be conducted on July 26," Nishank said.
Tata Sons on Friday announced organisational changes, bringing in S Padmanabhan as the group human resources head.
'Because of the failure of the UPA era (2004-14), we will add another 10 crore by 2025...total 20 crore in the 21-45 age group with low skills, low education.'
HR Guru Mayank Rautela offers practical advice.
HCL Technologies on Monday announced a special one-time bonus worth over Rs 700 crore for its employees, as the IT giant marked $10 billion (about Rs 72,800 crore) revenue milestone. The special bonus will be paid to employees in February 2021, amounting to nearly $90 million plus payroll taxes in some countries, the impact of which is excluded from FY21 EBIT (earnings before interest and taxes) guidance provided by the company last month, HCL Tech said in a statement. HCL Technologies said it is "issuing a one-time special bonus to employees around the world" worth over Rs 700 crore in recognition of its recent milestone of crossing the $10 billion mark in revenue for 2020.
The spread of the Omicron variant of the coronavirus has made Indian companies persist with their policy of banning overseas trips and allowing only essential travel within India. The IT services firms, which had planned to ask their employees to return to the workplace, are also waiting and watching the Covid-19 situation before fully opening up their offices. Large conglomerates like the Tatas, Birla, JSW and Reliance are continuing with the mandatory social distancing and masking policies within their office premises.
The JNUSU holds the Vice-Chancellor responsible for the violence. "He is using henchmen to perpetrate violence on students and vandalise the university," said JNUSU. "The JNU community has a single point of demand. That either this VC resign or the human resource development ministry as the competent authority remove him! Those who are trying to malign and destroy this university will not succeed," demanded JNUSU.
Modi and Deuba discussed ways to strengthen ongoing cooperation and develop new areas in the multifaceted bilateral partnership.
By the end of the June quarter, the top four - TCS, Infosys, Wipro and HCL Tech employed 10,15,000 employees - down by 9,144 employees over the previous quarter.
Top commanders of the Army on Thursday carried out a comprehensive review of India's overall security challenges including in eastern Ladakh as well as other sensitive areas along the Line of Actual Control with China on the first day of a two-day conference, people familiar with the development said.
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