HR Wall

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Big boost to Modi: India surpasses China to secure top position on ease of doing business, says study

India has surpassed China to secure the top position among 30 developing countries on ease of doing business, according to a study that cited India’s rapidly expanding economy, relaxation of FDI rules and a consumption boom as the key drivers. The 2017 Global Retail Development Index (GRDI), now ...Continue reading http://bit.ly/2rH8bVx

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European system may be India’s model for skill development

The government is planning a comprehensive National Vocational Education and Training System in the country along the lines of programmes in European countries to facilitate job-readiness and entrepreneurship among the youth. The skill development ministry is examining the recommendations of a...Continue reading http://bit.ly/2qS3oPY

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Cognizant Maintains Full-year Guidance

Cognizant’s first quarter revenue rose 2.4% sequentially and the US-listed IT services company maintained 2017 revenue of between $14.56 billion and $14.84 billion, implying 8-10% growth. Cognizant’s first quarter revenue rose 2.4% sequentially to $3.55 billion. Net profit stood at...Continue reading http://bit.ly/2qLeZ3t

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LafargeHolcim Lays Ground for Merger of ACC, Ambuja

Cement giant LafargeHolcim has initiated a process that could lead to the union of its Indian operations ACC and Ambuja Cement, following months of speculation that this could be happening. ACC is evaluating a potential merger with Ambuja Cement, both companies said on Friday. A meeting was held...Continue reading http://bit.ly/2q9OZli

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Substantial improvements in compliance, quality of disclosures and spends on CSR in FY16, in a study of 1,300 companies by CII

In the most comprehensive and extensive analysis yet of CSR performance of companies in FY16, CSR performance of companies with respect to requirements of CSR legislation have substantially improved over FY15. The results are based on disclosures of close to 1,270 companies listed on BSE that...Continue reading http://bit.ly/2pUwBsx

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India moving forward to become major destination for FDI: US trade official

India, with a young skilled workforce, high growth rate and deregulation being undertaken by the government, is set to become an important destination for foreign investment, a former top US trade official has said. “With the young skilled workforce, its growth rate that is going to...Continue reading http://bit.ly/2oYa1St

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Aon Hewitt ties up with IIMB for CHRO programme

Aon Hewitt has partnered with Indian Institute of Management-Bangalore to launch a new programme, Next Generation CHROs, which aims to build a talent pool of leaders who drive business outcomes through human resources. “Managing change, a survey found, will be the biggest ask of a CEO from a C...Continue reading http://bit.ly/2pQUaCD

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Here are 5 ways to make the most of a networking event

Networking events can often be very useful for meeting new people and expanding your professional contact base, but such programmes are not just about exchanging business cards and shaking hands. Brinda Dasgupta talks to experts to find out how to turn meetings with people at networking events...Continue reading http://bit.ly/2pNbgRL

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Cost benefits major draw for co-working spaces

Lower rentals, savings on operational costs and a more flexible work environment are prompting an increasing number of companies to prefer co-working spaces to conventional office spaces. A company can save as much as 30% on the operational cost alone, according to some estimates. Besides, the...Continue reading http://bit.ly/2pNamVb

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LinkedIn announces top social recruiters in India

LinkedIn has the list of recruiters in India who have been ahead of the curve when it comes to recruiting smartly. From helping professionals discover and explore their dream jobs to fueling business growth, these recruiters continue to reimagine possibilities. This year, LinkedIn celebrates the...Continue reading http://bit.ly/2o5UoZM

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60% employees say performance appraisals are a waste of time, 70% say no idea how they are evaluated: Survey

Organisations need to make staff appraisals more transparent and useful as most employees are neither fully conversant with the process nor do they see them as a worthy task to perform. Majority of the employees find performance reviews in their organisations opaque, cumbersome and a waste of...Continue reading http://bit.ly/2nBSDje

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Online recruitment activity sees 11% rise in Jan: Survey

Online recruitment activity in the country registered an 11 per cent jump in January, led by strong growth in sectors like banking, financial services and insurance, says a report. The Monster Employment Index for January stood at 254 points, up 11 per cent over the corresponding month a year...Continue reading http://bit.ly/2kPRkKV

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Hello & goodbye: Multi-billion dollar telecom mergers could see 25,000 pink slips and counting

The 45-year-old telecom executive believed he was set for life. He would easily be able to fund his son’s dream of studying music abroad, for instance. But all that’s changed over the past few months. He, like many others in the telecom industry, are faced with the prospect of losing their job...Continue reading http://bit.ly/2ktbzTn

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CXO hiring mandate up 25-40% since January

CXO recruitment is picking up after a slowdown last year. Executive search firms and experts say there has been a 25-40% increase in hiring mandates for CXO roles since early January on the back of improved economic sentiment, liquidity returning to the system, Indian companies expanding...Continue reading http://bit.ly/2lS8Z6L

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92 per cent employees look up to employer facilitated insurance plans: Survey

With employee health and benefits landscape undergoing rapid changes, a recent survey revealed that 92 per cent respondents felt their employers should cover a range of risks by facilitating voluntary benefit plans. “More than half of the surveyed employees depend on their own finances to...Continue reading http://bit.ly/2lRRF1D

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Google, and other search engines could soon ban Torrent websites

It looks like Google, and other search engines could soon ban Torrent websites from their results page, thus limiting how people find these websites, according to a new report in TorrentFreak. The report is based on discussions between entertainment companies and executives from search engine...Continue reading http://bit.ly/2klLIwK

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Adverse impact of note ban on jobs: Govt says no such data

Opposition in Rajya Sabha today insisted that demonetisation has had an adverse impact on job creation in manufacturing and other sectors, with the government rebutting the argument saying existing data does not back such a claim. During the Question Hour, TMC member Ahmed Hassan said that...Continue reading http://bit.ly/2kRDQSW