HR, finance salary levels increase in IT Industry

MUMBAI: HR and finance executives of IT companies are giving stiff competition to the software engineers -- in terms of rising level of attrition and talent shortage. Industry experts and players say that while the attrition for IT professionals has touched a little less than 18 per cent for the industry, the same for support functions is as high as 20 per cent. Traditionally, more attention was given to core functions as they were seen as direct source of revenue than to support functio...
Submitted by Ajay | Rated 0

IT firms increase work-hours for higher productivity

Bangalore: In order to offset the recessional setbacks, IT firms are resorting to the strategy of increasing the working hours. Many companies have also stepped up the monitoring of working hours to squeeze the maximum out of their employees, reports The Times of India. Some firms are closely keeping an eye on even the recess time of their employees. An extra minute taken during lunch time or coffee break will have to be compensated. Accenture India is perhaps the first MNC in India plann...
Submitted by Ajay | Rated 0

Recruitment Agencies sector set for accelerated acquisition activity

A new report suggests that as the effects of the wider economy reaches the UK recruitment agencies market, a series of takeovers and sell offs will sweep the market. The report, by leading industry analysts Plimsoll Publishing, has found that a combination of needs is forcing smaller companies to consider selling to their larger rivals and larger players are looking to buy their smaller rivals to diversify and develop their businesses. David Pattison, senior analyst at Plimsoll, has a clear v...
Published about 12-11-2008 | Rated 0

Jobpilot wins Euro600,000 e-recruiting contract with Vodafone

jobpilot, Europe’s leading career market on the internet, announces today that it has won a major contract worth €600,000 with Vodafone, the world’s largest mobile telecommunications network operator, to provide the company with a complete end-to-end recruitment solution. The latest win with Vodafone marks the first truly multi-national organisation to use jobpilot’s e-recruiting software - workflow pro - and coincides with a customer milestone of 1000 companies now using jobpilot’s ra...
Published about 06-11-2008 | Rated 0

Yell launches first recruitment gadget ad in the UK

Yell, the international directories business, and TMP Worldwide, the recruitment communications company, have produced a digital first in online resourcing by launching the UK`s first gadget ad to recruit potential candidates and raise brand awareness. TMP Worldwide has designed a rich media interactive ad with the strapline of “Talented Digits” – intended as a humorous play on the way fingers work with digital technology. The ad enables users to watch home-made videos of finger dancing...
Published about 06-11-2008 | Rated 0

SMEs� £69million recruitment waste

British Small and Medium Enterprises (SMEs) waste £69 million on poor recruitment decisions every year 22 per cent of new recruits or 55,000 new employees leave their job within the first six months Hiring the wrong staff is costing British Small and Medium Enterprises (SMEs) a wasteful £69 million each year, new analysis from Jobsite.co.uk reveals.1 The country’s small and medium businesses invest £300 million a year in hiring 250,000 employees.2 However, not finding the right staff...
Published about 06-11-2008 | Rated 0

Red Advertising Sponsors Innovative Offline Marketing Award

Red Advertising Ltd, the online classified job advertising company, has agreed to sponsor Onrec’s 2009 Innovative Offline marketing Award for the second year running. The Innovative Offline Marketing Award is split into three categories, they are: - Niche jobs board, Generalist jobs board and Online Recruitment supplier. The award will be presented to the company that has created the best offline marketing campaign to run either on TV, in print or Radio during 2008, as deemed by the indepen...
Published about 06-11-2008 | Rated 0

Biyani in recruitment, education foray

Good timing or bad? Only time will tell. Kishore Biyani is launching a recruitment company just when companies are resorting to lay-offs and hire-smart policies to optimise human resources expenditure. Biyani’s Future Group has entered into a joint venture with Net Employment Services Pvt Ltd (NET HR) to launch Future Education Ltd (FELTD). The financial details of the venture could not be ascertained. Damodar Mall, group customer director and erstwhile CEO of innovation and incubati...
Published about 06-11-2008 | Rated 0

UK�s Top Recruitment Agencies Revealed at 2008 Recruit Rank Awards

UK jobseekers nominated the country’s top performing recruitment agencies for customer service at the annual Jobsite RecruitRank Awards ceremony, which took place on Thursday night. Recognising best practice and customer service in recruitment agencies, the RecruitRank Awards (www.recruitrank.co.uk) are the only industry awards based purely on feedback from jobseekers and not the traditional peer judging panel. Launched in November 2005 by Jobsite.co.uk with the aim of reducing candidate jo...
Published about 06-11-2008 | Rated 0