News: HR News, Trends & Workplace Insights

Companies Experience Rise in Retention Rates by

A survey conducted by Advantage Club revealed the Retention Rates of the company. The survey reveale...

Survey & Report

Latest news: Companies Experience Rise in Retention Rates by - SightsIn Plus

Air India to introduce new appraisal system for non-flying staff

A fully owned subsidiary of Tata Sons, Air India will introduce a new appraisal system for non-flyin...

Work Model

Latest news: Air India to introduce new appraisal system for non-flying staff - SightsIn Plus

HP is hiring for various roles including Hybrid Jobs Apply

An American multinational IT Information Technology corporation,nbspHewlett-Packard HP is hiri...

Netflix offers Rs 7.4 Cr annual salary for the position of AI manager

The media company, Netflix is offering a salary package of up to $900,000 (Rs 7,40,33,775) to an Artificial Intelligence product manager, The company also said in its post, “At Netflix, we carefully consider a wide range of compensation factors to determine your personal top of the market.” “We rely on market indicators to determine compensation and […]

Appointments

MRF elevated Jacob Peter to VP- Human Resources

India’s largest tyre manufacturer, MRF has elevated Jacob Peter to Vice President – Human Resources. He has confirmed the appointment on LinkedIn and said, “I’m happy to share that I’ve been promoted to Vice President & Head – Human Resources and Services at MRF!” He has been associated with the organization since 2021 and most recently before […]

Global capability centres (GCCs) to hire 500,000 people in India

According to ET reports, Global capability centres (GCCs) of multinationals may hire 500,000 people in India in Fy24 even after the macroeconomic recession. Over the last few years, more than 1000 multinational corporations have established Global In-house Centers (GICs) in India to leverage the nation’s highly skilled, low-cost talent pool and reduce the cost of […]

Jul 30, 2023

Industry

Indian IT Industry to see a huge dip in hiring for FY24- HR Experts

Lately, India’s IT Industry TCS, Infosys, Wipro, HCLTech and Tech Mahindra, etc have reported their first quarter results for Financial Year 2023-24. IT Industry reported a Drop in Net Profit as mentioned below in the table; values in Crores. Margins have been under stress in the June quarter, however for Infosys as well as on […]

C-Suite Move

Unilever gets Ian Meakins as Non-Executive Director & Chair Designate

Unilever PLC (“Unilever”) is pleased to announce the appointment of Ian Meakins as a Non-Executive Director and Chair Designate following a comprehensive search process. Ian will join the Board as Non-Executive Director and Chair Designate on 1 September 2023 and will succeed Nils Andersen as Chair on 1 December 2023. Nils will step down from […]

Ernst & Young hiring for various WFH, interns, freshers jobs, Apply

One of the largest professional services networks in the world, Ernst & Young (EY) is hiring for various roles including WFH/WFA jobs, Interns, HR, Freshers 2021 pass-outs, and experienced professionals. The company said, “At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture, […]

C-Suite Move

TCS announced changes in senior management positions

On Saturday, Indian IT major, Tata Consultancy Services (TCS) announced the changes in senior management positions (SMP). According to a BSE filing, TCS informed that Ananth Krishnan will be no longer in SMP from the 31st of July 2023 due to his retirement falling in October 2023. Harrick Vin will take over as senior management […]

Compensation

Tech Mahindra defers salary hike of senior employees as profit falls

A specialist in digital transformation, consulting, and business re-engineering services, Tech Mahindra defers salary hikes for senior employees due to a huge drop in net profile in Q1FY24. The decision follows as the quarter nose-diving profits and EBIT margins decline. The company’s EBITDA at USD 163 mn; down 33.7% QoQ, down 31.8% YoY; Margin at […]

Industry

PM Modi inaugurated SemiconIndia 2023

SemiconIndia 2023: India is leading the technology revolution with focus on electronics. As part of the revolution, semiconductors play an indispensable role and have applications in nearly all sectors, including communication, defence, automobiles and computing devices. Strengthening the important pillar of progress of the country – ‘Electronics’ and reinforcing the vision of ‘Aatmanirbhar Bharat’, India […]

C-Suite Move

Accenture Announces Leadership Appointments

An Irish-American professional services company, Accenture announced the following leadership appointments, effective September 1, 2023: In their new roles, Sharma, Walsh, Ferneyhough, Daugherty and Narain will serve as members of Accenture’s Global Management Committee. As Chief Executive Officer – North America, Sharma will be responsible for Accenture’s largest geographic market, which generated $29B in revenues […]