The hiring scenario is for the batch that passes out in 2024. These are graduates who will be impacted, given 2022 graduates are not fully absorbed and 2023 onboarding still incomplete.
'The end of WFH has made achieving work-life integration more challenging for women.'
Food ordering and delivery platform Swiggy on Wednesday said it has introduced an industry-first 'Moonlighting policy', wherein employees can take up external projects for pro-bono or economic consideration based on internal approvals. "This could encompass activity outside of office hours or on weekends that does not impact their productivity on the full-time job or have a conflict of interest with Swiggy's business in any way," a company release said. Moonlighting policy allows employees to work second jobs, outside normal business hours of the primary job, under certain conditions.
Navy chief Admiral R Hari Kumar on Friday termed the Agniveer model as the single biggest human resources management transformation in the Indian military and said that protests in parts of the country over the newly launched Agnipath scheme are happening due to misinformation and misunderstanding.
He said his biggest takeaway from the Kargil war is that the enemy cannot be trusted even if there is "political show" of friendship.
Amid a spike in Covid-19 cases, the Centre on Monday reviewed with states and Union territories the preparedness for pandemic management and the progress of vaccination.
The Hyderabad-based firm completed clinical trials of the nasal vaccine with about 4,000 volunteers and there is no side effect or adverse reaction reported so far, company sources had said.
Employees should review the accuracy and completeness of the information provided in Form 16. They should confirm that all the tax deducted has been credited correctly.
In FY23, the State Bank of India (SBI) reported a 57.4 per cent jump in its net profit to Rs 55,684.17 crore. But the chairman of the country's largest bank, Dinesh Khara's annual pay for this creditable performance was just Rs 37 lakh (his peers at state-run banks are no better off). Look at his private bank rivals - most pocketed in excess of Rs 7 crore annually - plus stock options.
The amount of financial assistance to each state and Union Territories is based on their COVID-19 caseload.
Due to the group's presence across multiple businesses, it is in a unique position in the aviation industry to bring the best of talents.
As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has gained pace, only 11.3 per cent (or 3.4 million out of 30 million) Indians with disabilities have jobs.
The agency was allocated Rs 835.39 crore to manage its affairs in 2021-22 which was later increased to Rs 870.50 crore in the Revised Estimates given in the Budget document released Tuesday by Finance Minister Nirmala Sitharaman.
Some aircraft technicians at IndiGo are on sick leave since Friday demanding a revision in salaries. The protest comes days after the airline partially restored salaries of its pilots and cabin crew and made changes to its human resource (HR) policies. Some technicians in Hyderabad reported sick on Friday night while those from other bases skipped work on Sunday demanding a revision in salary, an industry source said.
The government on Tuesday said it will allow setting up of world-class foreign universities in Gandhinagar's GIFT City, free from domestic regulations, to facilitate availability of skilled manpower in the financial services space. In addition, an international arbitration centre will be set up in the GIFT City for timely settlement of disputes under international jurisprudence, Finance Minister Nirmala Sitharaman said while presenting the Union Budget for 2022-23. The centre could be on the lines of the Singapore International Arbitration Centre, or the London Commercial Arbitration Centre.
Rajya Sabha Chairperson Jagdeep Dhankhar sought views of leaders of various political parties on ways to curb disruptions in the House at a meeting held on Sunday on the eve of the start of the second phase of the Budget session.
The Ministry of Education was renamed as the HRD ministry in 1985 during the tenure of then prime minister Rajiv Gandhi.
Dip in attrition rates and higher bench strength seem to be signalling a normal year for hiring in FY24.
A mock drill will be held on Tuesday across a number of health facilities in several states and Union Territories to ensure their readiness to deal with any eventuality related to COVID-19, following an advisory by the Centre.
India has recorded 1,134 new coronavirus cases, while the active cases increased to 7,026, according to the Union health ministry data updated on Wednesday.
Tata-owned Air India has launched a Voluntary Retirement Scheme (VRS) for its employees- in the airline's first drive to reduce headcount. The salt-to-steel conglomerate acquired the carrier last year. As of November 2019, the airline had 9,426 permanent employees.
'Enterprises have become more demanding in terms of their productivity expectation from their employees.'
'We created war rooms -- from an IT perspective and also a customer war room -- to address any challenges that come up.'
'Have a candid discussion with your management and raise your concerns,' suggests HR Guru Mayank Rautela.
Before opting for this scheme, consider how EPS is calculated.
HR Guru Mayank Rautela offers practical advice.
Of the total expected revenue, the cash offerings made by millions of devotees in the sacred hundi (offering box) at the hill temple complex were expected to fetch about Rs 1,000 crore.
Edtech unicorn Vedantu has laid off 385 employees, nearly 11.6 per cent of the company workforce, according to sources. This move is being seen as part of a drive in the edtech sector towards profitability via cost-savings and consolidation, as funds dry up, they said. The Bengaluru-based firm has laid off over 1,100 employees (both full-time and contractual), so far, this year.
Many are testing hybrid models including getting small batches to work, rotating staff every week, introducing shifts and allowing certain functions to operate from office in small numbers.
HR Guru Mayank Rautela offers practical advice.
Office politics exists in many organisations, so don't let that bother you, advises HR Guru Mayank Rautela.
'There is no place in Kerala like Mumbai. This is a huge city with 30 million people and slums'
Indian cities need $840 bn investment over 15 yrs, says World Bank report.
In the future of work, companies will have to embrace terms like moonlighting, gig work, flexi work as 'on-demand talent in a Cloud' can be a reality, says Milind Lakkad, chief human resource officer of Tata Consultancy Services (TCS). In some form or the other, gig work, flexiworking - and even moonlighting - will have to be welcomed by companies, says Lakkad. As a first step towards embracing these, TCS is trying to bring all these opportunities for its own employees within the company.
The Supreme Court on Wednesday directed the Centre and the Indian Air Force to consider granting permanent commission (PC) to 32 retired women short service commission (SSC) officers based on their suitability for the purpose of giving them pensionary benefits.
Rajasthan Chief Minister Ashok Gehlot on Friday announced his government's decision to form 19 new districts and three new divisions in the state, earmarking Rs 2,000 crore for development of infrastructure for them.
'A lot of people who quit felt they have been in the organisation for way too long and needed a better or challenging career role to advance in their careers.'
An Indian-origin CEO of a US-based homeownership company has abruptly fired more than 900 employees, about 9 per cent of its workforce, on a Zoom webinar, citing market efficiency, performance and productivity as the reasons behind the move. On a Zoom webinar last Wednesday, Better.com CEO Vishal Garg abruptly announced that the mortgage company is laying off about 9 per cent of its workforce, CNN reported. Garg cited market efficiency, performance and productivity as the reason behind the firings, the report said.
HR Guru Mayank Rautela offers practical advice.
India is likely to become a $40 trillion economy by 2047 -- a 13-fold jump from its current size -- driven primarily by a clean energy revolution and digitalisation, billionaire Mukesh Ambani said on Tuesday. Ambani's estimate for the Indian economy, currently the fifth largest in the world behind only the US, China, Japan and Germany, is more optimistic than Asia's richest man Gautam Adani, who last week stated that India will become a $30 trillion economy by 2050 on back of rising consumption and socio-economic reforms. "From a 3 trillion-dollar economy, India will grow to become a 40 trillion-dollar economy by 2047, ranking among the top three economies of the world," Ambani said at the 10th convocation of Pandit Deendayal Energy University in Gandhinagar.
