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Katja Schipperheijn on Important Steps of Succession Planning

In Conversation with Katja Schipperheijn on Important Steps of Succession Planning Katja Schipperhei...

Succession Planning

EPAM sacks in India, revokes offers

An American company that specializes in service development, digital platform engineering, and digit...

Layoffs

Latest news: EPAM sacks in India, revokes offers - SightsIn Plus

TCS says no change in increment policy for employees

Indias largest IT services provider, Tata Consultancy Services TCS has denied any change in its i...

Compensation

Latest news: TCS says no change in increment policy for employees - SightsIn Plus

22 lakh Indian IT professionals likely to leave jobs by 2025

According to a TeamLease Digital report, The IT-BPM industry‘s attrition is expected to be high as the previous years. The report reveals that 20-22 lakh Indian IT professionals are likely to leave jobs by 2025. The new-age firms ramping up their workforce was the chief cause of attrition in the IT services sector in 2021. Sunil […]

Hiring

JPMorgan plans to hire about 2,000 engineers

An American multinational investment bank and financial services company, JPMorgan Chase & Co plans to hire about 2,000 engineers worldwide. The hiring will be across various roles in the bank including in general software engineering, data science, cybersecurity, and cloud computing, among other areas. Global Chief Information Officer, Lori Beer has said that the hiring will […]

EPFO

EPFO to increase Salary limit of employees: Report

A high-level committee has proposed the increase the wage ceiling under the Employees’ Provident Fund Organization (EPFO). The proposed increase to Rs 21,000 per month from the existing Rs 15,000. According to a report, the government may increase the limit on the salary of employees. The report said, The proposed increase of the salary limit to […]

Nestle India’s nearly 1,000 factory workers plan one-day stoppage

The world’s largest food and beverage company, Nestle India‘s around 1,000 workers across three factories in the country are planning not to work on Sunday in protest over a lack of paid leave for organising union activities, a move the Swiss food giant said wouldn’t impact its business. The three factories that will be affected […]

Hiring

TCS iON invites freshers job applications

TCS iON, a strategic unit of Tata Consultancy Services is hiring freshers through the TCS National Qualifier Test (TCS NQT). TCS National Qualifier Test (TCS NQT) helps you prove your skills to top Corporates. You may choose to get assessed on aptitude skills, domain-specific skills, industry knowledge, or work values. The tests are scheduled every quarter and […]

No hirings, more layoffs soon: Mark Zuckerberg to employees

The social media and technology company, Meta Founder and CEO Mark Zuckerberg has said that the company is freezing hiring across the board. The company has also warned that more layoffs are in the pipeline. Zuckerberg mentioned during the last Meta earnings call that ‘Our plan is to steadily reduce headcount growth over the next […]

Oracle fined for bribery in India, second time in 10 years

A cloud technology company, Oracle has been fined $23 million for violating the Foreign Corrupt Practices Act (FCPA) by the US Securities and Exchange Commission (SEC). The firm created slush funds to bribe foreign officials in United Arab Emirates, Turkey, and India. In India, the SEC has charged Oracle India for violating FCPA rules for the second time. In […]

Hiring

Jubilant FoodWorks is hiring for various roles including WFH jobs

India’s largest food service Company, Jubilant FoodWorks is hiring for various profiles including Work from Home (WFH). Commenting on the hiring process the company said, “At JFL, we are constantly exploring and creating new opportunities. We are a dynamic and transformational organization focused on delivering a great customer and employee experience at every touch point.” […]

Work Model

P&G India bolsters its mental well-being program for employees

Procter & Gamble India (P&G India) today announced that it is further bolstering its mental well-being initiatives with the ‘Happy Minds 2.0’ program. The program shifts the focus from mental health to mental well-being, and comprises of a bouquet of initiatives, including counselor services at the workplace, preventive mental health check-ups, enhanced awareness among leadership […]

Layoffs

Layoff affecting employees; 2,900 more to lose jobs

As Covid-19 hit worldwide, many companies have been laying off employees for one or other reasons. Now, Siemens Gamesa plans to layoff. Siemens Gamesa is laying off nearly 3000 employees as the company plans for this move as it wants to return to a profitability state. However, earlier in the year Reuters had reported that the company was […]

Labour Law

Prolonged employee suspension amounts to punishment: HC

On Tuesday, The High Court of J&K and Ladakh held that suspension of an employee was not a punishment but it amounts to the same due to very strong stigmatic social connotations once it was prolonged. Case Background The observation was made by a division bench of Chief Justice Pankaj Mithal and Justice Wasim Sadiq […]

Succession Planning

Succession Planning Challenges in 2022

A well-aligned and thought-through succession planning are critical for organizations to ensure business continuity, career progression, success, and achievement of business goals. As leaders we all believe in its urgency and importance, however, implementing the same is a challenge. Here are some Succession Planning Challenges that are being seen in 2022. Lack of Readiness Data […]