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PSU bank employees may strike against the proposed Banking Laws (Amendment) Bill - December 18, 2012
5 lac Bank employees have threatened to strike on 20th December against the Banking Laws (Amendment) Bill that seeks to merge banks.
Women feel unsafe and insecure after dark - December 18, 2012
Assocham surveyed 5000 women and 92% of them from all sectors and parts of the country feel insecure and unsafe during nocturnal hours of the day at work, public transport, roads, and buses.
18 lacs strike against the Quota in promotions bill - December 18, 2012
It has been six days of striking for 18 lac employees, who are opposing the Bill for the quota in promotions for the SC/ST communities, under the banner of Sarvjan Hitai Sanrakshan Samiti.
Mixed hiring sentiment across sectors in 2013 - December 18, 2012
Job demand in FMCG, Healthcare, and pharmaceuticals is expected to rise while it will be slow for Banking and Financial Services, Automobiles Industry and IT.
Pay of CEOs as against top management skewed in India - December 18, 2012
In India, the average CEOs salary is thrice that of a top management executive. The scenario of benefits and rewards provided to the CEO is also as skewed.
Employees of Deccan Chronicle threaten to strike over unpaid bonuses - December 18, 2012
A union that contains the membership of 1000 employees i.e. half the publisher’s workforce has threatened to strike because bonuses due on 1st December are still unpaid.
Bill for Quota on SC/ST promotions has been passed in Rajya Sabha - December 17, 2012
194 out of the 245 members of Rajya Sabha have passed the bill that secures 22% of reservations for SC/St community. Members of Samajwadi party (SP) and an independent candidate voted against the bill.
Jobs in Textile ministry may increase by 15.8 million - December 17, 2012
Textile Minister, Anand Sharma has said that the textile industry which is the second largest employer after Agriculture will generate 15.8 million more jobs by the end of the 12th Five Year Plan.
10 companies axe 100000 jobs globally - December 9, 2012
HP, Google, Citigroup, Procter & Gamble, Morgan Stanley, AMR Corporation, PepsiCo, MetLife, Hostess Brands and JC Penney Co have together laid off 95500 employees majorly die to cost-cutting reasons.
Demand for PhDs increasing in MNCs - December 9, 2012
With more specialized functions and establishment of Global In-house Centres, the demand for PhDs has been on a rise.
IAF and CII to build a Vocational Training Centre for retiring AirForce personnel - December 7, 2012
A project called “Happy Landings” is one of the HR initiatives by Indian Air Force (IAF) to resettle officers after they retire.
Indian Companies now hiring interns globally - November 26, 2012
Many Indian companies are hiring interns globally for many reasons, including, betterment of position, understanding different cultures, reaching target customers spread across the world.
Akhilesh Yadav promises to employ youth in education and police posts - November 25, 2012
Uttar Pradesh Chief Minister, Akhilesh Yadav, while attending the wedding of Pankaj Singh, former minister Vinod Singh’s nephew, said that his government will soon provide jobs in police department and education.
Hiring based on internal referrals may not be cost effective - November 22, 2012
Numbers show that hiring people based on internal references is exceedingly high and constitutes 90% of all recruitment in India.
IT-BPO Sector to continue generating employment - November 17, 2012
As per NASSCOM estimations IT and BPO sector will create 230000 jobs in all levels. This will also create about 8.9 ml indirect jobs in India.
Abdul Kalam mentions the importance UP as it may contribute to 8% of manpower - November 15, 2012
In a speech in JNU, former president Abdul Kalam said that Sustainable development is important for all states and that Uttar Pradesh is on its way to follow that model.
Companies following Gender Neutral models for salary appraisals - November 14, 2012
Biased model for appraisals that looked at the length of working hours, number of leaves taken are now being discarded.
Strict action to be taken against those who do not pay ship-farers - November 14, 2012
In a response to complaints received of no payments to seamen by shipping companies, the Shipping Minister G K Vasan said that strict action will be taken and that every ship-farer should be paid his due.
Banks paying lesser salaries this year - November 14, 2012
When share of salaries in sales were compared for September this year’s and last year’s it was found that most banks are paying lesser salaries and the same amount of bonus this year.
Government raises the annual income threshold to include more in housing schemes for EWS - November 14, 2012
The government has raised the bar of the annual income of a family from INR 60000/year to now INR 100000/year for it to fall under the Economically Weaker Sections and will include them in their housing schemes and Rajiv Awas Yojna.
Summer intern placements for IIM quicker and more lucrative this year - November 13, 2012
Stipends for summer interns have increased by 20% this year and recruiters like Barclays, World Bank, Wolf Olins have come for campus placements.
Andhra Pradesh hikes Dearness Allowance - November 12, 2012
Chief Minister of Andhra Pradesh, Kiran Kumar Reddy gave the approval to hike Dearness Allowance from 41.94% to 47.93%.
Farmers are taking to agro-forestry from traditional agriculture as returns are higher - November 11, 2012
Planting genetically modified trees like Poplar and Eucalyptus will fetch higher price for wood within 6 years that is way more than planting traditional crops like wheat rice and cereal even when the government has raised the Minimum Support Prices.
Wages being drawn in the name of dead under NREGA scheme - November 8, 2012
After a complaint from Godda MP Nishikant Dubey, that many were claiming salaries in the name of dead people, an inspection was done in four random districts of Jharkhand.
World Bank Report prescribes flexi labour laws and urban development for job creation - November 5, 2012
A World Bank (WB) report has given some statistics such as, part time work is rising in India; share of informal workers in the organised sector has increased from 32% in 2000 to 68% in 2010;
About 30000 IT jobs to be created in Odhisa the next 2 years - November 5, 2012
IT minister M.S. Padhi has estimated that 30000 jobs may be created in the IT sector of Odhisa with Infosys setting up a Info Valley campus and TCS and WIPRO increasing their workforce in their Bhubaneshwar Centers.
Indian job market slumps by 20% - October 23, 2012
Recruitment and Staffing firms like TeamLease, Kelly Services, Adecco and Randstad have revealed that recruitment has taken a severe hit in the last quarter this year.
PNB will recruit 6-8k every year as it expands branches - October 22, 2012
Punjab National Bank’s Executive Director, S R Bansal reported plans of expanding branches by 500 this year and hiring about 6000-8000 for next few years.
Concerning statistics on Indian workforce revealed by NSSO - October 22, 2012
In a survey by NSSO (National Sample Survey Organisation) some concerning statistics describing Indian labor-force have been revealed. 93% of the labor is in the unorganised sector, 30 million unemployed, 26 million under-employed, 40 million seek additional work and 35 million are looking for alternative means of livelihood.
Railways to hire 1.17 lakh in Group C and D posts - October 20, 2012
Railways are going to hire 1.17 personnel into posts such as that of station masters, technical and staff supervisors, train drivers, vital safety staff, etc.
PSU jobs come with great perks - October 20, 2012
Contrary to the reaction of general public, a PSU employee favours a petrol hike as a general allowance is pegged to the price of petrol and rises with every hike in petrol price.
Iraq healthcare hiring Indian nurses - October 19, 2012
Attrition rates in Iraq’s healthcare are high and although the country’s hospitals have been improving over the years, it faces a major challenge of dealing with causalities resulting from communal issues.
Employers may predictably find dearth of highly qualified people - October 18, 2012
As per a survey by Randstad’s WorkMonitor Survey, 2012, employers in India have started to find it difficult to trace well qualified and this trend is to continue for at least 3 years. 65% of employers as against the global average of 48% are finding it difficult to find qualified professional for positions in their organisation.
MNCs are bringing back top level Indian executives back to their home country - October 16, 2012
MNCs like Coca-cola, Heinz, Pepsi, Reckitt Beckinser, etc are placing Indians placed in global positions back to the country, as its domestic market expands and lesser opportunities and low growth seem to overshadow American and European markets.
MBA employability bleak in all specialisations - October 15, 2012
Aspiring Minds that conducts the MBA test AMCAT has released a report whose results show the dismal picture of MBA employability that has taken a slump across all specialisations.
Govt. sets up panel to review executive pay at loss making companies - October 14, 2012
Generally pay packages of executives is based on a company’s performance, but their have been cases where pay of senior level executives is not concurrent with company’s loss.
Study by Centre for Women’s Development Studies reveals misery of nurses in India - October 14, 2012
Women Nurses in India survive under pathetic working conditions, meagre salary, and degrading social stigma.
Women hired for the sake of gender diversity at workforce - October 12, 2012
Many HR departments of companies have campaigned for gender diversity at all hierarchy in the organisation.
Netherland based NGOs reports of exploitation and bonded labout in textile exports industry - October 11, 2012
India Committee of the Netherlands and Centre for Research on Multinational Corporations came out with reports beginning last year reporting exploitation of young dalit labour in Tamil Nadu’s textile industry that accounts for half of India’s exports.
Flexi-workforce to increase to 9 mn by 2025 - October 10, 2012
A study by Indian Staffin Firm has projected the flexiworkforce to increase to 9 million within 2025.
All India Bank Employees Association criticises economic policies - October 10, 2012
Criticising the government’s policies on FDI and Privatisation of banks, AIBEA, All India Bank Association has said that instead of creating employment, they may in fact create unemployment.
India Inc witnesses dip in recruitment - October 9, 2012
Regardless of a mixed hiring sentiment in the job market, the overall job speak index has dipped for three months consecutively.
Air India Pilots demand immediate payment of salary in letter addressed to Minister - October 9, 2012
Air India Pilots have addressed a letter to the Civil Aviation Minister, Ajit Singh demanding him to pay their salaries immediately.
29000 tax defaulters make government revenue less by INR 3770 crore - October 9, 2012
Tax Department’s analysis of e-returns in 2012-13 has shown 29000 tax payers have defaulted on their payments, causing the revenue collection to be low by INR 3770 crore.
PE funds face shortage of well-equipped executives - October 9, 2012
Companies managing PF funds in India are having a hard time finding suitable, qualified, skilled and experienced candidates to manage their Indian operations.
High attrition rates in all industries in July-Sept 2012 - October 8, 2012
Almost all industries have experienced higher amount of attrition as the job scenario has lately picked up.
PSUs provide Innovative incentives being to reduce attrition - October 6, 2012
One of the toughest challenge faced by PSUs is to reduce attrition rates at entry and senior levels. People prefer jobs with smaller pays to live in city than in remote areas.
Delhi Government hikes Minimum wages marginally - October 5, 2012
The Delhi government has hiked minimum that it said will be effective from October, 1.
TN Government hikes DA following Central Government’s suit - October 5, 2012
The Tamil Nadu government has hiked dearness allowance by 7% for its employees and has also extended the benefit to pensioners.
Govt. introduces wave of reforms in pension, insurance and ITI - October 4, 2012
The government has allowed FDI to increase from 26% to 49% in insurance and has allowed the cap in Pensions for FDI to be at 49%.
Government allows for 49% FDI in pension funds - October 4, 2012
The Cabinet has allowed for 49% of FDI in pensions which will amend the Pension Fund Regulatory and Development Authority (PFRDA) Bill.
Mobile workplaces to become more prominent among Indians-Citrix - October 4, 2012
Citrix Workplace of the Future report has found that by 2020 17% of the office spaces will be reduced and people would be using at least 6 computers connected to a company’s IT network, while on an average 10 people will be sharing 7 desk spaces.
Obama wants to encourage investments in USA companies that outsource jobs to India and China - October 4, 2012
In a debate with Romney, Obama has accused one of Romney’s firms to outsource jobs to India and China.
600 mn jobs need to be created globally by 2020 - October 2, 2012
As per the World Development Report 200 million are unemployed, out of which 75 mn are under the age of 25.
PF interest rates yet to be finalised for the year 2012-2013 - October 1, 2012
Provident Fund interest rates are announced every year before the Financial year begins so that its 5 crore contributors can take appropriate investment decisions.
'Himayat' scheme to offer jobs to 7000 youths - September 30, 2012
The ‘Himayat’ scheme is a central-sponsored initiative aimed at employing school and college dropouts as well as those coming from financially weak backgrounds.
Notwithstanding sagging car sales, auto sector may increase hiring - September 30, 2012
In a survey by job portal Naukri.com, 65% of auto companies have responded saying that they will continue hiring, while 11% said that they would stop hiring and 5% said that they may evict employees.
FDI reforms may increase job opportunity in India - September 30, 2012
FDI reforms in India are expected to create about 10 million jobs in the next 10 years as MNCs will enter the country through foreign investments, creating a demand for profiles in sales and marketing, customer services, back end logistics, etc.
Highly qualified professionals register in New Employment Bank - September 18, 2012
The New Employment Bank set up by Mamta Banerjee has received job applicants from various fields and from varied qualifications.
Companies introduce new paid leave formats - September 18, 2012
Concerned and compassionate towards employees’ personal problems that may have an effect on work, India Inc has now come up with paid leave formats that are quite different from the conventional ones.
Rising number of applications show re-surge in demand for MBAs - September 17, 2012
83% of the Indian colleges that accept GMAT scores in college applications for their MBA programmes have reported higher number of applications this year.
Boost in job market notwithstanding sluggish economy - September 17, 2012
Staffing firm TeamLease has revealed a boost in hiring in FMCG, healthcare and retail sectors which can be attributed to the upcoming festive season even though the market is slowing down.
Narendra Modi hikes home guards’s pays from Rs. 80/day to Rs. 200/ day - September 17, 2012
Gujarat’s CM, Modi has announced a hike in daily wages for 50000 home guards to Rs. 200/.
Bus Strike in Bengal - September 17, 2012
An indefinite strike by Joint Council of Bus Syndicate, one of the largest bus operators demanding a hike in fares has bought Bengal to an almost standstill.
Bus Strike severely hits KSRTC controlled routes - September 14, 2012
KSRTC’s and BMTC’s strike hit many of those who rely on Public transport for commuting. While the strike partially affected districts not under KSRTC, others under KSRTC were severely affected.
Retrenchment in major brokerage firms - September 14, 2012
Slowdown in trading activity, regulatory caps on brokerage fee and no signs of improvement in the capital market has made many firms like Religare, IDFC Securities, Deutsche Bank and Kotak Securities retrench their workforce.
Government proposing to provide unique numbers to PF Account holders - September 12, 2012
Regional PF Commissioner-I, Bangalore, Kamma Narayana has said that the government is putting forward a proposal to provide all Provident Fund Account holders with life-time validity a unique number.
Tax refunds now to be paid within 3 months - September 12, 2012
Admitting that the Central Board for Direct Taxes (CBDT) is not as assiduous as it should be, CBDT’s spokesperson Poonam Saxena evinced that the Board has reduced the period for payment of tax refunds to three months.
Large IT companies offer hefty pay-packages to freshers from Tier I and II engineering colleges - September 13, 2012
Global tech and IT firms are looking at recruiting non-IITians from NITs and other well graded private colleges. This new strategy aims to bring diversity of culture and filling in for the high demand for graduates that cannot be met with a few hundreds from IITs.
Central Provident Funds Commissioner discusses required amendment in some labour laws with changing scenario - September 12, 2012
Central Provident Funds Commissioner, RC Mishra in a seminar discussed that labour laws enacted half a century ago pertaining to Employment Provident Fund and MP Act need to be revised and amended as they were formed in the backdrop of mistrust between the employer and employee.
5% rise seen in Monster Employment Index from August, 2011 - September 12, 2012
Monster Employment Index, that is tabulated monthly by online job portal Monster.com rose at 5% from August last year.
Corporate Affairs Minister Moily encourages greater gender diversity in top management level - September 12, 2012
Citing studies that support the hypothesis that greater participation of women at board level leads to a company’s better financial performance, Corporate Affairs Minister Veerappan Moily urged for gender diversity in top management positions.
1.10 lakh Karnataka State transport personnel to go on indefinite strike from tomorrow - September 12, 2012
Standing against Karnataka State Road Transport Corporation’s (KSRTC) unilateral decision of a hike in wages by 10%, around 1.10 lakh KSRTC and Bangalore Metropolitan Transport Corporation employees will go on a strike from tomorrow.
Survey reveals that Indian employers to slow their pace towards hiring - September 11, 2012
As per Manpower Employment Outlook Survey hiring in India is going to be slower than it was in the past two years.
Husbands may have to pay homemakers a monthly stipend - September 10, 2012
Women and Child Development Ministry is considering a proposal to have men give homemakers a percentage share of their income.
Companies nurture talent on bench - September 10, 2012
Companies like IBM, Cognizant, HCL Technologies, P&G have rolled out various leadership and developmental initiatives for their talent to grow and evolve.
Campus placements ensure jobs to 5700 students in major IT firms - September 10, 2012
VIT University has declared that Accenture recruited 3800 students; Wipro has offered 1308 jobs followed by Cognizant offering 803 jobs in campus placements.
Hiring activity down by 4% in the month of August, 2012 - September 10, 2012
Industries like IT, Gas & Oil, Pharma, and Auto have shown continuously falling figures since the beginning of this year.
Companies cease to give joining bonuses to cut costs - September 7, 2012
Until 2011 joining bonuses that ranged from 15% to as high as 100% of the salary, were given to newcomers for luring talent.
OBC bloc too demanding promotion quota in job promotions - September 7, 2012
Leaders such as Lalu Prasad Yadav, N Chandrababu Naidu and Hanumantha Rao have put forward demands to secure OBCs quota in job promotions.
A new inititaive “Unmeed ki rickshaw” to empower women - September 6, 2012
“Unmeed ki rickshaw” is a project launched by Union New and Renewable Energy Minister Farooq Abdullah and organised by Ummeed and Centre for Equality and Inclusion (Cequin).
Punjab government secures clearance from State vigilance bureau for its retiring employees - September 6, 2012
The Punjab government has declared that employees soon retiring need not seek clearance from State vigilance bureau to seek pension.
Just 6-18% of hotel management students employable - September 6, 2012
As per the National Employability Report for Hotel Management Graduates, only 6-18% of hotel management students are skilled enough to be employable.
Newly hired show shorter tenure in their jobs - September 6, 2012
Those hired just out of campus placements tend to stick to their jobs for a shorter duration and a major chunk of this group leaves the job within 6 months.
Flexiplace working: A progressive HR strategy - September 6, 2012
Many foreign banks have realised that working from home is a suitable strategy for employers as well as employees.
Campus placements in IT companies may be lower this year - September 4, 2012
Placement officials have reported that IT companies like TCS, Wipro, HCL, Infosys, Cognizant, IBM and Accenture have started to look out for recruitment in campus interviews, however the amount of hiring this time may be low.
Union Cabinet clears Bill for SC/ST quota in job promotions - September 4, 2012
The Union Cabinet approved the Bill that proposes to provide a quota for SC/ST promotions in government job promotions.
Regional Rural Banks to hire 10000 people this financial year - September 4, 2012
As Regional Rural Banks expand their network by 10 % every year, job vacancies created are increasing every year with the coming financial year to have about 10000 new job openings.
Government assessing performance of government officials and to retire non-performers - September 3, 2012
The Government is reviewing performance of employees in IAS, IPS and IFS who are with an experience of at least 15 years.
Lok Sabha passes bill on Sexual Harassment - September 3, 2012
The Sexual Harassment Bill (Prevention, Prohibition and Redressal), 2010 has been passed in Lok Sabha and it addresses all employees including domestic workers.
‘Employment Generation’ to be the key topic in FHRAI’s convention this year - September 3, 2012
Federation of Hotels and Restaurant Associations of India constitutes of over 3900 hotels and restaurant associations across the country.
FICCI Survey results point towards a slowdown in job opportunities - September 3, 2012
Federation of Indian Chambers of Commerce & Industry (FICCI) conducted the Business Confidence survey among 150 companies and revealed that for the first time since 2008 economic crisis job opportunities may now be thinning.
Slowdown in recruitment expected in Pharma sector - September 2, 2012
According to a hiring outlook survey conducted by jobsite Naukri.com, only 51% of the Pharmaceutical companies will be hiring for new jobs during the second half of 2012, down from 67% companies during the first half of the year.
A Parliamentary Standing Committee urges FMC to fill all 55 vacant posts - September 2, 2012
The Food Markets Commission (FMC) under the Consumer Affair Ministry currently employs 80 as against the prescribed strength of 135. A Parliamentary Panel has urged FMC to fill up all its vacant posts at the earliest.
Government considering to increase MGNREGA workdays to 150 - September 2, 2012
With 4 states of Gujarat, Karnataka, Maharashtra and Rajasthan declaring drought in many constituencies, an Empowered Group of Ministers will discuss the proposal to increase employment days under MGNREGA Scheme from 100 to 150.
PSU Banks in a drive to improve employee performance and engagement - August 31, 2012
PSU banks such as SBI, IDBI, PNB are facing a shortfall of leadership skills and talent availability which puts them behind by almost 4-5 lakh worth of manpower.
Proposal to reward better performance forwarded in Lok Sabha - August 31, 2012
Minister of State for Personnel V Narayanasamy told Lok Sabha that the government has accepted the proposal to provide performance based incentives to Central Government employees as per the recommendations of the Sixth Pay Commission.
HeadHonchos.com to provide mid-management executives career advice - August 30, 2012
HeadHonchos.com has launched an online service for mid-management and senior executives to facilitate them through their career needs and guide them through their choices.
Demand for IT professionals in non-IT firms rises - August 29, 2012
With technology playing a crucial role in most of company’s operations such as marketing, sales, branding, mobile payment, and customer/supplier relationship, analysis, growth, etc, non-IT companies are now hiring more IT professionals.
Punjab’s Textile Park expected to create 1 lakh jobs - August 29, 2012
Punjab’s Deputy Chief-Minister, Sukhbir Singh Badal expressed optimism over the 1486 crore textile park project sprawled across 350 acres.
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