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Samsung to recruit 5,500 graduates amid crisis
Samsung Group, South Korea`s largest conglomerate, on Wednesday announced plans to hire 5,500 college graduates this year despite the global economic downturn. The company originally planned to recruit 4,000 full-time employees this year, compared with 7,500 last year. "But this was revised upward to 5,500 in order to give greater opportunities to recent college graduates," it said in a statement, adding its affiliates would also recruit 2,000 interns. But the conglomerate has not se...Submitted by Kushagr | Rated +1
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Cos go extra mile to help fired staff find new jobs
The slowdown appears to have stirred up India Inc’s collective conscience. At a time when large-scale layoffs are unavoidable, companies are making the effort to walk employees to the door, and even showing them their next stop, instead of leaving them out in the cold. Indian and foreign companies have been approaching human resource (HR) consultancies and search firms to help place people they intend to fire; a process referred to as ‘career transition and outplacement’. Companies are...Submitted by Kushagr | Rated +1
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Salary increments in India Inc to dip in 2009
Salary increase projections for 2009 in India have dipped to 8.2% from an actual increase of 13.3% in 2008. But it continues to be highest in the Asia Pacific region and among the highest globally. These findings were revealed by the 13annual ‘Salary Increase Survey’ conducted across 480 companies by Hewitt Associates, a global human resources consulting and outsourcing company. The companies considered in this survey comprised foreign-owned , locally owned and joint-venture companies spanni...Submitted by Kushagr | Rated +1
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Private banks are still hiring management graduates
Global recession or not, financial sector majors - arguably the worst hit of the lot - made a beeline for premium business schools (B-schools) this year. With talent available at campuses at reasonable costs, private banks such as ICICI Bank, Yes Bank and HDFC Bank are ramping up headcount at the entry level. Average salary levels for management trainees have dropped by about 30% this year. “We are cashing in on the opportunity to recruit some of the best talent in the country at lower pay...Submitted by Kushagr | Rated +1
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Dedicated Offshore Facilities, Piece Meal
Dedicated Offshore Facilities
Tarkshya can setup temporary/permanent facilities for client operations, thus enabling the client to leverage cost effective offshore facilities without much hassle of starting its own expensive centers. Tarkshya can be your dedicated offshore facility management partner to provide state of art environment. All our standard work station is equipped with IP telephone, network and electricity outlets, furniture and fast and secure internet service. The temporar... Submitted by Madhu | Rated +1
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The Happy Employees-Successful Company Equation
Most HR managers intuitively know the self-reinforcing relationship between employees and customers: if your employees don’t feel valued, neither will your customers. But let’s take this one step further: Do happy employees ensure organizational success? The answer is: it depends. It depends on a lot of factors, such as the utility and value of a company’s offering, market demand, and competition, to name a few. If a company offers a product or service that doesn’t meet market need...Submitted by Madhu | Rated +1
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The Wall Street Journal reports
The Wall Street Journal reports that temporary employment agencies are the second fastest growing industry in the U.S. One in eight professionals in the labor force today is a temp according to the Bureau of Labor Statistics. The Wall Street Journal reports that temporary employment agencies are the second fastest growing industry in the U.S. with 2.2 million people being employed by staffing companies each day. This relatively new industry is booming and workers need to know how to navigate ...Submitted by Madhu | Rated +1
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Staffing Industry Sourcebook: Facts and Figures for Market Research
PART 1 Industry Overview What is the Staffing Industry? State of the Staffing Industry 1995-2005: Changes, Constants in Staffing While the fundamentals of staffing have not changed over the past decade, it has become more strategic to workforce solutions of corporations. This article delves into how the industry has changed in terms of key players, margins and competition from overseas. History of the Staffing Industry: Titans of Staffing Staffing Industry Sectors Detailed report...Submitted by Madhu | Rated +1
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Engagement, Performance, Retention - Where do Your Employees Fit?
The economic crisis of 2008/2009 has many companies looking at ways to save money and get through the hard times. What this normally means is that they look to lay off people, cut back benefits (which make good employees look at other opportunities), stop training programs, reduce marketing, and basically "hunker" down. I feel like I am in a unique position as both a business owner and a human resource generalist to address this economic drama. Let me explain. As a business owner I am facing...Submitted by Madhu | Rated +1
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Sap ABAP 10+ years experience resource
SUJI Email: Madhu@tarkshya.com Phone:732-658-4506. Sr.SAP ABAP Technical Consultant Professional Summary Dynamic, skilled SAP ABAP specialist having 10+ years of experience in IT Industry with 6 years of SAP R/3 ABAP, SAP APO ABAP experience in Implementing/roll-out and support SAP Projects. Worked for clients ORYX GTL Qatar, Federal-Mogul US, Panasonic US, Procter & Gamble US, TNT Express Europe, Hindustan Zinc Limited etc... Skills Overview • Worke...Submitted by Madhu | Rated +1
