Got an innovative idea? You can get a job!

Bangalore: When was the last time you were recruited over the phone or perhaps given an ipod during the final round of interview just because you failed to make it to the final selection? Organisations are now laying more emphasis on recruiting people with stronger on-ground understanding and at the same time, those who come up with innovative ideas. Take for instance Wells Fargo India. Its Fuelling Assertive College Talent (FACT) program, started in 2008, is an innovative technology based...
Published about 22-10-2009 | Rated 0

India to receive biggest salary hike in 2010

Companies in Asia are set to offer bigger pay rises next year as the region continues to rebound from global recession, notably in India where base salary levels are poised to jump nearly 10 percent. According to a survey by Hewitt Associates, salaries in Indonesia and China will also surge, by 8.7 percent and 6.7 percent respectively, whereas workers in Japan can expect a paltry 2.1 percent pay rise. The survey, which covered more than 2,000 local and joint-venture companies in the Asia-Pacif...
Published about 22-10-2009 | Rated 0

Making the Case for Diversity and Inclusion: Strategies and Tactical Approaches

As a former diversity leader, this topic is something I am very passionate about. My definition of diversity is everything that makes us "different" from others, such as race, gender, values, work styles, communication styles and characteristics. I define inclusion as recognizing the importance and value of bringing together individuals and their different perspectives in our various workplace processes. Achieving sustained success requires the highest possible quality and most effective wor...
Published about 21-10-2009 | Rated 0

Hiring goes up 4.1 percent in Indian companies

New Delhi: Hiring activities in the Indian companies rose by 4.1 percent in September with IT, BPO and real estate sectors turning bullish after a long time. The monthly `JobSpeak index` by naukri.com stated an increase to 729 in September as compared to 701 in August this year. "The secular trend is positive across sectors. Had it not been for an early festival season we may have seen further improvement in the index. The good news is that the IT and BPO sectors which are big employers espec...
Published about 21-10-2009 | Rated 0

Sun to cut 3000 jobs, blames Oracle takeover delay

Sun Microsystems will cut 3,000 jobs over the next 12 months because of the delay in its takeover by software giant Oracle. The company is waiting for the verdict an European Union (EU) probe regarding the takeover. Sun Microsystems in a filing with the U.S. Securities and Exchange Commission (SEC) said that the layoffs are part of a restructuring plan brought in by the delay in its acquisition by Oracle. The company said the move will result in charges of between $75 million and $125 million...
Published about 21-10-2009 | Rated 0

TCS to increase variable pay for Indian staff

Mumbai: Software exporter Tata Consultancy Services (TCS) has decided to pay 150 percent of the quarterly component of the variable pay for the second quarter to its India-based employees. At TCS, employees` compensation has two components - fixed and variable. And, variable pay accounts for 20-35 percent of TCS employees` gross salary. "About 4-5 quarters back we had a cut in the variable payout. This move of paying 150 percent of the quarterly component of variable pay is in line with our p...
Published about 19-10-2009 | Rated 0

Recruitment industry`s revenues are about to fall 40-50 percent

Bangalore: As the slowdown hit India, recruitment firms saw their clients stop hiring or delay the process. Also, the clients have started asking for discounts. "The recruitment industry`s revenues are likely to fall 40-50 percent by March 2010," said Pramod Thilakan, Associate Director at industry body, Executive Recruiters` Association (ERA). As reported by the livemint, from 2002 to 2008, the recruitment industry galloped at 30-40 percent year-on-year as new firms entered and crowded the m...
Published about 19-10-2009 | Rated 0

Top women execs quit office to become CEOs elsewhere

Bangalore: The companies like Archer Daniels Midland, PepsiCo and Kraft Foods all have women CEOs, as the former CEO of eBay, Meg Whitman, is running for governor in California. The Secretary of State is a woman, as are this year`s Nobel Prize winners in medicine, chemistry and economics. According to a new study by Xavier University Business Professor Hema Krishnan, the turnover rate for women in top executive spots is more than double that for men. Hema Krishnan, in an interview to Enqui...
Published about 19-10-2009 | Rated 0

How to score at an interview

With the recession leading to severe job cuts, impressing your potential employer at an interview is vital. Here`s how you can nail your next interview. DO 1. Keep a lid on excessive hand gestures 2. Most of the times your over anxiousness about the result of an interview can make you indulge in extreme hand movements that distract from what you`re saying. Too high (above shoulder height) looks a shade eccentric and unstable, while too low (below waist height) makes you look fatigued and ...
Published about 19-10-2009 | Rated 0

IT cos back in the hiring zone, step up campus recruitments

Technology companies, which are recovering from the downturn hangover, are now knocking at the doors of not just premier engineering colleges but mid-tier ones as well. Officials from several colleges say that firms such as TCS, Wipro, Infosys, HP, Cisco, Sapient, IBM, Convergys BPO and Symphony Services plan to hire in a big way. At BMS College of Engineering, 100 of the 800-900 students, who will pass out in January 2010, have already got placed and they have been offered salaries ranging b...
Published about 19-10-2009 | Rated 0