BUSINESS
Raymond plans to hire 3,000 this year, move to manufacturing 4.0 in 2-3 years: HR head
K Narayan, President of HR at Raymond, in an exclusive interview with Moneycontrol, talks about the debate of ChatGPT eliminating jobs, especially in HR functions, hiring plans of the textile major and shares crucial numbers and progress on gender diversity
BUSINESS
Not just your ‘agony aunt’, HR managers say there’s much more to their job
HR professionals say their responsibility for employee lifecycle and performance management is confused with employee concerns and grievance management.
BUSINESS
As pressure of going home without job mounts, IT graduates opt for placement platforms
While the number of companies visiting campuses has not changed at various engineering colleges, experts say the intake of freshers is very low. Besides, the selection process at companies has become more stringent with multiple stages and a low pass rate
BUSINESS
Overwhelmed by data, 82% of white-collar employees want robots to make their decisions: Study
A huge 91 percent of people polled say the number of decisions they make every day has increased 10-fold over the last three years and as they try to make these decisions, 90 percent of them are getting bombarded with more data from more sources than ever before.
BUSINESS
Why a democratic employee appraisal system is difficult to put in play
Experts feel such policies are highly employee-centric and require a further evolution of the socio-economic landscape of our workforce before becoming implementable
BUSINESS
Only 19% employees in India anticipate up to 12% hike in salary
Globally, 83 percent of employees are anticipating a salary hike over the next 12 months, either from their existing employer or by moving jobs, a survey of over 32,000 workers in 17 countries has found.
BUSINESS
Hiring challenges keep startup CXOs awake at night
Startups in Information Technology (IT), consulting and gaming continue to battle a talent crunch and the need to upskill employees. Recent layoffs have resulted in a trust deficit between employees and the startup ecosystem.
BUSINESS
Lip syncing accounts for maximum interview frauds, finds FloCareer
Out of the total job frauds, 80 percent opted for lip syncing, says interview as a service platform. Eight percent of the candidates went for external help and 12 percent for online search. FloCareer has held an average of over 1.3 lakh interviews in six months across sectors.
BUSINESS
As National Curriculum Framework overhauls pedagogy, schools demand clarities
Education experts say NCF should emphasise play-based learning as a core component of the curriculum, as childhood development research has shown that play-based learning is critical for children's cognitive, social, and emotional development
BUSINESS
Wipro employees need to undergo retraining or get terminated, NITES alleges
In training instructions shared with candidates, Wipro has warned that if new hires do not clear its Project Readiness Program (PRP) with an overall score of at least 60 percent, they will be terminated immediately.
BUSINESS
Leverage the huge demand for AI talent: Companies are looking for these hot skills
Moneycontrol looks into the top 10 skills and roles in demand, which offer handsome packages to freshers, mid-level, and experienced candidates eyeing a career in AI and related fields.
BUSINESS
5G revolution will create a no-collar workforce: Cellular Operators Association of India
Lt Gen Dr SP Kochhar, Director-General of the Cellular Operators Association of India (COAI), explains how technical skills, along with soft skills, will set off the career lifecycle in the 5G future and the emergence of the very new workforce called ‘no-collar’ workforce
BUSINESS
Why employees hate ‘pizza parties’ but HR loves having them
Conventional wisdom dictates that a successful delivery calls for a party and no one questions it, says HR leader Amit Sharma. But, he adds, no one looks at what was spent and what was ultimately achieved.
BUSINESS
71% of white-collar employees prefer companies prioritising business sustainability: Survey
Adobe’s Sustainability at Work survey of over 1,000 Indian employees and business managers found that 90 percent of the employees think that hybrid working can make businesses more sustainable
BUSINESS
PhysicsWallah, Fincare, BLS among companies with big hiring plans
Roles in demand include finance, risk management, sales, IT infra and customer service.
BUSINESS
Zoho's Vembu says fluency in English not necessary but is it practical in multilingual workspaces?
Recruiters say the obsession of India Inc for English is changing mostly for the roles which are focussed on interacting with shop floor workers based in non-Hindi speaking states such as Tamil Nadu, West Bengal, Telangana etc.
BUSINESS
Engineering colleges beyond Tier 1 cities strive to make their students industry-ready
Students say professors in tier 2, 3 and 4 colleges are more focused on completing the syllabus on time and there is no emphasis on the latest developments in their domain. In an effort to help their students take on their counterparts from tier-1 cities, many colleges are changing course.
BUSINESS
With HR intervention, restaurants seek to retain talent
Many skilled and unskilled restaurant workers aspire to eventually work in hotels with high brand value or look for an immediate jump in their careers — the reason for job hopping
BUSINESS
Is disbursing salary before the month-end feasible for India Inc?
A report noted that 81 percent of employees face a liquidity crunch between pay cycles. The move to distribute salaries before the month ends has got a good response from new recruits
BUSINESS
India Inc eyes job satisfaction with financial wellness programmes
Major firms including Mastercard, Tata Capital, and Emeritus, besides some start-ups, have taken the mantle of ensuring the financial well-being of their staff by guiding them on their savings, investments, and overall money management.
BUSINESS
Five laws that every salaried employee should be aware of
Experts declutter laws related to layoffs, sexual harassment, gratuity, maternity benefits and insurance.
BUSINESS
How autistic talent grows in India Inc
Major companies, such as JPMorgan, Wells Fargo, and Tata Power, have been approaching autistic talent through a series of initiatives with a focus on making them part of their regular workforce. Wells Fargo’s Neurodiversity Programme achieved a milestone in India in March 2021, with the onboarding of 14 individuals as full-time employees.
BUSINESS
What does it take to be an EdTech teacher: Finding the X factor
Apart from being able to use digital tools and platforms, teachers must be adept at devising and presenting interactive online content that can augment student learning outcomes.
BUSINESS
Allowing married couples at work: Is it a new retention strategy?
Some experts say the retention impact, if any, is limited to specific individual cases as outliers.
