HCL founder Shiv Nadar, biz person of the year

Bangalore: Founder of HCL and Chairman of HCL Technologies, Shiv Nadar, has bagged the U.K. Trade and Investment Business Person of the year award for unique contribution to bilateral trade. After taking this award, Nadar said, "U.K. holds a special place for us at HCL. Our work there has grown not just in volume but in the value we are able to deliver to our partners in the U.K; and from the U.K. to the rest of the world." Nadar was presented the award in acknowledgement of the company`s ...
Published about 20-09-2009 | Rated 0

Booming trend in organization for bright start in recruitment

booming trend in the organisation reveals that Indian organizasions have come out of sluggish market trend and can expect ocean of change in recruitment process as well...
Submitted by Badri | Rated 0

No variable pay for TCS trainees for first six months

India’s top software exporter Tata Consultancy Services (TCS) has said that fresh recruits will not be eligible for variable pay during the first six months when they are on training.The decision will take effect from this quarter when about 1,500 freshers are scheduled to join the company. “The compensation re-structuring is primarily from a productivity point of view — we want them (freshers) to understand variable component is really a ‘variable’ and will depend on how well they ...
Published about 15-09-2009 | Rated 0

Craigslist expands to 140 new cities

There`s a lot of talk about how great Craigslist is for posting job ads. Now, more HR pros will be able to use it. Craigslist recently added new sites for 140 cities, increasing the total number of areas in which the service is available by 25%. The additions include 87 cities in the U.S., eight in Canada and 45 in other parts of the world, the New York Times reports. Craigslist charges a fee of $25 per job posting in larger cities (and $75 in San Fransisco). But since most of the new a...
Published about 10-09-2009 | Rated 0

Downturn more unkind to directors, shareholders

Shareholders and directors were hit harder by the economic downturn that affected corporate profits in the financial year ended March India Inc 2009, compared with employees who still received pay hikes during the period. An ET study of 750 companies revealed that the directors, who comprise a mix of top executives who run the company and some independent members who are not on the rolls of the firm, took a 4% cut in aggregate remuneration as slowdown hit corporate profits. Total payout for t...
Published about 16-08-2009 | Rated 0

L&T Infotech partners with Micro Focus to set up CoE

L&T Infotech has partnered with Micro Focus to set up a Center of Excellence (CoE) in Mumbai. The CoE will expand and accelerate the delivery of products and solutions to its customers globally. It will help address new lines of business around application modernisation and migration, and enhance skill development around Micro Focus products, a press release issued here on Monday said. The CoE will use the Micro Focus modernisation and migration platform suite of products to manage and mo...
Published about 10-08-2009 | Rated 0

A good interview at the very first instance

Everyone faces a time in their life when they miserably fail in a job interview. But rather than feeling sad about it and feeling like a looser, it’s important to know how to handle such situations. Read on to find out how to recover from a bad interview and get your job search right back on track: Never let anxiety cloud your judgment. If you want to recover from a bad interview, you need to evaluate the situation objective. Write down everything that you think went wrong during the interv...
Submitted by Unnikrishnan | Rated +1

It is always important to reward performance

It is a known fact that organizations are seeking opportunities to cut/curb costs. And when one talks about increments, bonuses and, perks these words itself qualify as unessential extras. Experts, however point out that even though we are in midst of a slowdown and cost cutting has become a necessary evil, rewarding employees through monetary and non-monetary benefits is imperative, as very organization needs an engaged workforce to get them through these tough times. It is always easy to pr...
Submitted by Unnikrishnan | Rated 0

Work pressure sees men do overtime, women get fired

17 Jun 2009, 2226 hrs IST, AGENCIES WASHINGTON: With the pressure of work on families increasing day by day, kids may often see their fathers working overtime and their mothers losing their jobs, because they have to juggle official and household chores. A new study has found that many men these days are pressured to work up to 40 hours of overtime-often unpaid-per week to stay competitive. Women, on the other hand, work fewer hours on the job owing to their family obligation...
Submitted by Unnikrishnan | Rated 0

REFERRALS IN RECRUITMENT

REFERRALS IN RECRUITMENT When recruitment is outsourced a single, entry level hire costs a minimum of Rs. 20,000, while this can go over Rs. 50,000 in those with 1-3 years’ experience and even a couple lakhs of rupees in case of senior-level recruits. When the same hiring is routed through employee referrals, the cost comes down by 80%. That’s where referrals – getting employees to recommend their friends—make great financial sense to enterprises. With the cost ...
Submitted by Unnikrishnan | Rated 0