News: HR News, Trends & Workplace Insights

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Updated on: Aug 2024
Breaking Records; EPFO Adds 19.29 Lakh Members in June 2024
EPFO

Breaking Records; EPFO Adds 19.29 Lakh Members in June 2024

The Employees’ Provident Fund Organisation (EPFO) has witnessed a significant surge in net member additions during June 2024. This growth reflects both increased employment opportunities and the effectiveness of EPFO’s outreach programs. Key Findings from EPFO Total Net Members Added: In June 2024, EPFO added a remarkable 19.29 lakh net members, marking a substantial increase […]

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Infosys Launches ‘Power’ Programme: Fresh Graduate Salaries
Employment

Infosys Launches ‘Power’ Programme: Fresh Graduate Salaries

Infosys, a global leader in IT services and consulting, has set sail on a new hiring voyage with its groundbreaking initiative—the ‘Power’ Programme. Designed to attract top talent, this strategic move aims to empower fresh graduates by offering significantly higher salaries than the industry norm. Power Programme: A Bounty of Opportunity Infosys has unfurled its […]

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Large Companies Seek AI Amidst Talent Shortage; UST Report
Hiring

Large Companies Seek AI Amidst Talent Shortage; UST Report

Artificial Intelligence (AI) has become the North Star for businesses worldwide, promising innovation, efficiency, and competitive advantage. However, as organizations set sail toward AI adoption, they encounter turbulent waters: a severe talent shortage. According to a recent UST survey, 93% of large companies recognize Artificial Intelligence’s essential role in their success, yet more than three-quarters […]

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KPMG in India Announces 1369 Job Openings Across the Country
Employment

KPMG in India Announces 1369 Job Openings Across the Country

KPMG, one of the leading professional services firms globally, has recently unveiled an extensive recruitment drive in India. With a focus on diverse roles and skill sets, the firm aims to strengthen its workforce and enhance its service offerings. Job Openings at KPMG India KPMG India’s current job listings span various domains, catering to professionals […]

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Bengaluru Saarthi AI CEO’s Passport Stolen Amid Layoffs
Compensation

Bengaluru Saarthi AI CEO’s Passport Stolen Amid Layoffs

Saarthi AI, an artificial intelligence startup headquartered in Bengaluru, finds itself embroiled in a complex web of financial and legal troubles. The company, which recently underwent mass layoffs in pursuit of profitability, now faces allegations of unpaid salaries and an unusual claim from its CEO, Vishwa Nath Jha. Background: Mass Layoffs and Financial Strain at […]

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Chrysalis India Appoints Muniinder K Anand as President
Appointments

Chrysalis India Appoints Muniinder K Anand as President

Chrysalis HRD, a leading player in human resource development and organizational transformation, has announced a significant addition to its leadership team. Muniinder K Anand, a seasoned business and HR professional, has taken the helm as President of Chrysalis HRD. As the company celebrates its 30th year, this strategic appointment promises to accelerate human capital development […]

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HR Manager Dismissed After Dispute Over Raksha Bandhan Leave
Social Media

HR Manager Dismissed After Dispute Over Raksha Bandhan Leave

A Punjab-based HR manager found herself at the center of a heated workplace debate when she objected to her company’s decision to impose a seven-day salary deduction for taking leave on Raksha Bandhan. The incident has ignited discussions on employee rights, company policies, and the delicate balance between work and personal life. The Controversial Leave […]

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Ashok Kumar Singh Takes Charge as ESIC Director General
Appointments

Ashok Kumar Singh Takes Charge as ESIC Director General

In a significant development, Ashok Kumar Singh, an accomplished Indian Administrative Service (IAS) officer from the 1999 batch of the Kerala cadre, has taken over the reins as the Director General of the Employees’ State Insurance Corporation (ESIC). The appointment, made under the Ministry of Labour and Employment, Government of India, marks a pivotal moment […]

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Global Capability Centres (GCC) Poised for Growth in H2 2024
Employment

Global Capability Centres (GCC) Poised for Growth in H2 2024

Captive service units, GCC, of multinational companies in India have been quietly reshaping the employment vertical. These centers, known as Global Capability Centres (GCCs), are strategic hubs that handle critical functions such as technology development, research, analytics, and shared services for their parent organizations. A recent survey conducted by Xpheno sheds light on their hiring […]

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Digital Transformation as the Cornerstone of Business Sustainability: Leading Finance Expert Asad Ullah on the New Game Rules of the Economic Arena
Industry

Digital Transformation as the Cornerstone of Business Sustainability: Leading Finance Expert Asad Ullah on the New Game Rules of the Economic Arena

Today’s business landscape is marked by exponential global digitalization, a trend that reached its zenith following the COVID-19 pandemic. The economic collapse of 2020 highlighted the urgent need for businesses and financial systems to adapt to new social realities. The United Nations’ 17 Sustainable Development Goals underscore the necessity of innovation to support and develop […]

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HCLTech Appoints Shiv Walia as Chief Financial Officer
Appointments

HCLTech Appoints Shiv Walia as Chief Financial Officer

HCLTech, a leading global technology company, announced the appointment of Shiv Walia as its new Chief Financial Officer (CFO), effective September 6, 2024. Shiv Walia will succeed Prateek Aggarwal, who has served in the role since October 1, 2018, and is stepping down to pursue opportunities outside of HCLTech. Prateek will remain with the company […]

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Why Big Four in India – Deloitte, PwC, EY, KPMG are on Hiring Spree
Employment

Why Big Four in India – Deloitte, PwC, EY, KPMG are on Hiring Spree

The Big Four – Deloitte, PwC, EY, and KPMG – are on a significant recruitment drive in India, signaling a robust growth trajectory for the country’s professional services sector. This surge in hiring can be attributed to several interconnected factors: India’s Emerging Talent Pool: India has become a global hub for skilled professionals, particularly in […]

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