Rupeek ends Aasaanjobs' HR contract
Rupeek, which operates an online marketplace for gold loans, terminated a human resource contract with Aasaanjobs, a recruitment marketplace for blue and grey-collar jobs, allegedly indirectly impacting 600 jobs.
COVID-19: Govt forms database of healthcare professionals, volunteers to manage human resource
The database can be accessed to utilise the se...
Women to bear brunt of new labour laws: Experts
Their concerns include likely suspension of benefits provided by the Maternity Benefits Act a...
Pay hikes in India to fall to decadal low in 2020: Aon survey report
A new survey report on Tuesday said that India will see the lowest salary increase in a decade this year, in which the real estate and trans...
Experts discuss future of work at Bennett University's global online conference
According to R Suresh INSIST Executive Search, the ongoing pandemic is impacting CXO level hiring as most companies have put their hiring plans on hold; however, there are specific sectors such as pharma, e-commerce, chemical, and technology where hiring activity will continue.
Bennett University global webinar to focus on the economic road ahead; Piyush Goyal to give the keynote address
This, the third online conference that Bennett University is organising after the previous two successful online conferences by Department of Biotechnology and Times School of Media. It will have six sessions, which include macro-economic issues as well as specific focus areas like Supply Chain, Demand Management and Human Resources.
Risk management to HR dynamics: Lessons from COVID-19 to take centre stage at B-schools
Effects on economy, changing dynamic of Human Resources management due to work from home, price controls, sustainability, localism, business strategies for natural disasters and epidemics, risk management, decision making under uncertainty, are among the topics that are being discussed for inclusion in academic learning and discussions.
Kotak Mahindra Bank declares 10% pay cut for staff with over Rs 25 lakh annual salary
The Covid-19 crisis is expected to have a heavy impact on the economy and many corporates have been cutting salaries. Some have also retrenched staff, with the unorganised sector being hit the most. The unemployment rate in India touched 27 per cent in the week to May 3, according to think-tank CMIE.
Covid impact: Contract employees first in line of fire
Companies in finance, insurance, retail and FMCG squeeze out contract employees.
IT brings new-age tools to the class to train freshers
Due to the ongoing lockdown, companies have not been able to train freshers at their sprawling techcampuses using traditional methods. Instead, they have scheduled non-traditional training programs remotely, adding new elements to their skilling initiatives.
IT firms TCS, Infosys, Wipro to reduce subcontractors to control costs
“We will be reducing dependency on contractors to some extent to optimize it (cost). Lateral hiring will be done for specific skills in a limited manner and we also continue to build talent within the organisation,” Milind Lakkad, Global Head, Human Resources at TCS, told ET.
RBS India appoints Maneesh Menda as head of HR
Commenting on the appointment Punit Sood, head of RBS India, said, “The business environment around us has substantially changed due to the coronavirus pandemic. The role of HR will be redefined in the way it addresses the human capital within the organisation and leverages it to the fullest to build value, especially during these dynamic circumstances.”
Lockdown: CBSE to assess loss of time for students, rationalise syllabus for classes 9-12
The annual academic schedule has been thrown out of gear due to the COVID-19 outbreak. The Central Board of Secondary Education (CBSE) as well as many other state boards had to either postpone or cancel board exams.
One in three Indian professionals now have decreased income: LinkedIn survey
IT, media, and manufacturing employees think their firms will do worse in the next 6 months. However, they’re confident about long-term growth - 77% of manufacturing professionals, 67% of media professionals, and 65% of IT professionals thought their companies would pick up in the next 2 years.
Five in 10 organisations across industries keeping their salary increment budgets unchanged: Survey
According to the survey, five in 10 companies have deferred or suspended their promotion schedule; at the same time a downward trend on promotions numbers across all job levels was observed wherein 33% of organisations admitted to having reduced it. However, most organisations in IT/ITES, life sciences/pharma and retail sector have refrained from any downwards trend in overall promotion cycle.
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