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India jobless rate swells above 23% amid lockdown: Survey
Survey & Report

India jobless rate swells above 23% amid lockdown: Survey

India’s unemployment rate could have climbed to more than 20% as the economy lost jobs after a nationwide lockdown took effect in the last week of March, according to a survey by the CMIE Center for Monitoring Indian Economy Pvt. Ltd. The jobless rate was 23.4% for the week ended April 5 based on a sample size […]

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Google bans employees from using Zoom
Jobs

Google bans employees from using Zoom

Google is issuing a ban on the use of the Zoom teleconferencing platform for employees citing security concerns. “Google emailed employees last week about the ban, telling workers who had the Zoom app installed on their Google-provided machines that the software would soon no longer function.” According to Google spokesperson, Zoom‘s desktop client doesn’t meet […]

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Dabur appoints new Head- HR from Nestle
CHRO Move

Dabur appoints new Head- HR from Nestle

Dabur has appointed Biplab Baksi as Executive Director- HR. He replaces V Krishnan who is on his way out and is serving the notice period. In his new role, Biplab will be responsible for all HR functions across domestic and international entities of the company and he will report to CEO Mohit Malhotra. Biplab has […]

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HR Challenges & Opportunities in Economic Slowdown
Economic Slowdown

HR Challenges & Opportunities in Economic Slowdown

“When the going gets tough, the tough gets going.” (When the situation becomes difficult, the strong will work harder to meet the challenge.) Today’s most vehemently conversed and the discussed subject is global ‘Economic Slowdown’; right from the security guard to the top bosses of an organization, all seem to have some opinion or other, on […]

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COVID-19: Govt to release Income Tax refunds immediately
Jobs

COVID-19: Govt to release Income Tax refunds immediately

Today, the Income Tax Department, on its official Twitter handle, announced that Government of India to give income tax refunds up to Rs 5 lakh immediately due to coronavirus impact. According to the announcement “In context of COVID-19 situation & to grant immediate relief to taxpayers, GOI has decided to issue all pending income-tax refunds […]

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Workforce Management in Recession – HR Strategies
Economic Slowdown

Workforce Management in Recession – HR Strategies

Being ahead with time has become a necessity in the current time. Change is taking place everywhere in our surroundings and the change has been only constant in the business. Recently in my organisation, the name of “HR department” has been changed to “People and Culture department” as we work for people and culture of […]

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Capgemini tweaks its leave policy in India
Jobs

Capgemini tweaks its leave policy in India

Capgemini tweaks its leave policy in India amid coronavirus lockdown According to a Business Standard Report, firm Capgemini has tweaked its leave policy in India temporarily apart from deferring increments and promotions of senior-level employees by one quarter. Capgemini India said, We had tweaked leave accumulation only up to Q2 (FY21) end, and only as an interim measure. […]

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Culture determines whether you Sink or Swim in Downturn
Culture & Behaviour

Culture determines whether you Sink or Swim in Downturn

“Tom Watson” was the CEO at “EngineersAtWork” a global engineering firm that was facing headwinds in a market downturn. Tom called me for help about how he might need to adjust to meet the demands of the economic decline and a few days later we met in his office where he described how the recent slowdown […]

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TCS offers a free, 15-day digital certification programme
Jobs

TCS offers a free, 15-day digital certification programme

TCS iON, a strategic unit of Tata Consultancy Services, announced on Monday a free, 15-day self-paced digital certification program called Career Edge, specially designed for college students/working professionals to enhance their career skills by helping them effectively utilize the time at hand during this period of lockdown. Since all the colleges and workplaces are closed […]

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How to Cut Business Costs During Downturn
Economic Slowdown

How to Cut Business Costs During Downturn

Business upturn and downturn is a very cyclical phenomenon, but it is also a very slow phenomenon. In recent times, the kind of downturns that have taken place have largely been unpredictable – the 2000 downturn post the dot com bubble burst, 2008 economic crisis post plummeting of global banks etc. Often what is observed […]

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Coronavirus has plunged World into Recession: IMF
Coronavirus

Coronavirus has plunged World into Recession: IMF

The coronavirus pandemic has brought the global economy to a standstill and plunged the world into a recession that will be “way worse” than the global financial crisis a decade ago, the head of the International Monetary Fund said, calling it “humanity’s darkest hour.” The IMF’s Managing Director, Kristalina Georgieva, speaking at a rare joint […]

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Three key ideas on Tough Times: A perspective from CHRO
Blogosphere

Three key ideas on Tough Times: A perspective from CHRO

What a last couple of weeks it has been! The Covid-19 pandemic has been unprecedented in terms of the scale of the disruption to our normal activities. In India, we are in the middle of a lockdown that has seen organizations accelerate ‘work from home’ on a scale we didn’t think possible some time back. […]

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