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Cognizants Attrition has come down in the fourth quarter

Cognizant, one of the worlds leading professional services companies, today announced its fou...

Cognizants Attrition has come down in the fourth quarter

Tech Mahindra to hire , freshers in FY, attrition increased to

On February , Tech Mahindra Ltd., a specialist in digital transformation, consulting, and business ...

Tech Mahindra to hire , freshers in FY, attrition increased to

Leveraging technology to boost employee health and wellbeing

You know something is wrong when there is increased absenteeism, low productivity, and lack of motiv...

Wellness & Health

Leveraging technology to boost employee health and wellbeing

Budget 2022-23 sets the course for realizing $5 trillion economy: Tata Steel CEO & MD

Tata Steel CEO and Managing Director T V Narendran on Tuesday welcomed the Union Budget 2022-23 and said, “The Hon’ble Finance Minister presented yet another progressive, future-focussed and inclusive budget that aims to position the economy on an accelerated growth trajectory, especially in the backdrop of an encouraging broader economic recovery.” He added, “It is […]

C-Suite Move

Accenture names Manish Sharma as Chief Operating Officer

Accenture, a global professional services company has announced changes to its executive leadership team, naming a new Chief Operating Officer and a new Group Chief Executive of its Operations service. Manish Sharma has been named Chief Operating Officer, effective March 1, 2022, with responsibility for leading the company’s business operations and executing business strategy, protecting the company’s […]

Compensation & Benefits

Total Rewards Strategy for 2022

The key principle for organizations looking at rewards is to say ‘we value you’. It is important to check the differentiating factor (tangible and intangible) that makes an organization better to work at than the competition and also if this differentiating factor is still relevant in the current scheme of things. When a business changes, […]

Industry reactions on Union Budget 2022-23

Yesterday, Finance Minister, Nirmala Sitharaman has presented the Union Budget 2022-23 and said, India is celebrating Azadi ka Amrit Mahotsav and it has entered into Amrit Kaal, the 25-year-long leadup to India@100, the government aims to attain the vision of Prime Minister outlined in his Independence Day address and they are: Complementing the macro-economic level […]

CHRO Move

Priya Ranjan resigned as CHRO from Viraj Profiles

Priya Ranjan Kumar -Chief Human Resource Officer (CHRO) & SVP – of India`s largest Stainless steel Long products manufacturer Viraj Profiles Ltd has resigned, a source aware of the discussions said on Friday. Priya Ranjan led Viraj ‘s HR for more than 5.5 years. He had joined the company in April 2016 as CHRO, where […]

Jobs

750 virtual labs, 75 skilling e-labs to be set up- Union Budget 2022-23

While presenting the Union Budget for the year 2022-23, Union Finance Minister Nirmala Sitharaman on Tuesday announced that skilling programmes and partnership with the industry will be reoriented to promote continuous skilling avenues, sustainability and employability. The national skill qualification framework will be aligned with dynamic industry needs for which 750 virtual labs and 75 […]

Employment

60 lakh new jobs to be created under the PLI scheme in 14 sectors

The Production-Linked Incentive (PLI) scheme across 14 sectors, including IT hardware manufacturing, has the potential to generate at least 60 lakh new job opportunities, Finance Minister Nirmala Sitharaman said on Tuesday. Presenting the Union Budget 2022-23, her fourth budget to date, she said that the PLI schemes have received tremendous response. “The Production Linked Incentive […]

Toyota apologizes for suicide after overwork, harassment

Toyota has settled a lawsuit that blamed overwork and harassment for the suicide of one of its employees. Toyota Motor Corp. President Akio Toyoda has apologized to the family, the Japanese automaker said Tuesday. Monetary details of the settlement were not disclosed. The lawsuit filed by the worker’s family had sought 123 million yen ($1.1 […]

C-Suite Move

Wish appoints Vijay Talwar as Chief Executive Officer

WISH | Contextlogic Inc, one of the world’s largest mobile e-commerce platforms, has announced the appointment of Vijay Talwar as Chief Executive Officer and a member of the Company’s Board of Directors, effective February 1, 2022. Talwar succeeds Wish’s Founder and former CEO, Piotr Szulczewski, who will continue to serve the Company as a member […]

Survey & Report

Rio Tinto report finds disturbing culture of sexual harassment, racism & bullying

Rio Tinto today published a comprehensive external review of its workplace culture, commissioned as part of its commitment to ensure sustained cultural change across its global operations. The review, which was carried out by former Australian Sex Discrimination Commissioner Elizabeth Broderick, identified disturbing findings of bullying, sexual harassment, racism, and other forms of discrimination throughout […]

Employment

4.75 crore additional persons joined the workforce in 2 years: Eco Survey

Between 2018-19 and 2019-20, about 4.75 crore additional persons joined the workforce in the country, which is about three times more than the employment created between 2017-18 and 2018-19, according to the Economic Survey 2021-22 released on Monday. The rural sector contributed much more to this expansion as compared to the urban sector at 3.45 […]

Psychology & NPL

From Surviving to Thriving: Managing Mental Health Crisis at Workplace

It is a well-known fact now that the biggest crisis facing the world right now is that of mental health. There are several reports from all around the world including WHO, IPSOS, American Psychiatric Association that suggest that 6 in 10 employees are currently experiencing poor mental health at this time. This fact is not […]