Human Resources

Indian firms must focus on skilling workforce, flexibility. HR survey

50% organisations don't have clarity on skills their employees will need in future, it says

InCruiter looks to disrupt HR Tech with its Interview-as-a-service offering

The use of AI/ML algorithms by companies to offer comprehensive solutions to recruiters and highly personalized and contextual services to job seekers is now becoming commonplace

Infosys announces appointment of Shaji Mathew as group head of HR

Is also designated as executive officer for reporting under SEC rules and Key Managerial Personnel as defined under IndAS 24-Related Party Disclosures

80% of Wipro's employees will get 87% variable pay for the third quarter

Wipro has proposed to pay 87 per cent of the variable pay component to over 80 per cent of its workforce, according to a communication in the company's internal email

As layoffs continue, companies may tweak processes to determine appraisals

In the upcoming year, the salary hikes are less likely to be dependent upon seniority

25th annual National HRD conference to begin in Hyderabad from Feb 2

The National Human Resource Development (NHRD) would be holding its 25th annual conference here from February 2-4, with over 1,000 delegates and 110 expert speakers taking part in it. A press release from NHRD said the conference, to be inaugurated by Telangana Minister KT Rama Rao, would bring together HR leaders, experts, and professionals from across the country to explore the theme Decode the Future. We are thrilled to be hosting the 25th NHRD conference and providing HR professionals with an opportunity to decode the future, said Dr Vipul Singh, president of NHRD-Hyderabad chapter. Attendees would get to learn about the latest HR trends, strategies and technologies, and engage in discussions with their peers, said the release.

What youngsters want from India Inc: Freedom to explore, and space to fail

Pure financial incentives losing hold over Gen Z as they now have bigger dreams, but not necessarily one dream job

States to conduct mock drills next week to review Covid preparedness

Specific focus on oxygen plants, ventilators, logistics and human resources; aim is to check whether the equipment is in running condition, or needs refurbishment

Layoff fallout: Outplacement firms have their hands full with flood of CVs

Tough trade-off: Companies want job guarantee for people they've laid off, but on a bargain

Ashok Leyland appoints Sanjay V Jorapur as President, Human Resource head

Hinduja group flagship Ashok Leyland has appointed Sanjay V Jorapur as its president and head-human resources, the city-headquartered company said on Tuesday. Jorapur succeeds Amanpreet Singh, who would now move on to a senior role at Hinduja Group in Mumbai. "Sanjay joins a strong leadership team and brings close to three decades of rich experience to Ashok Leyland. People are foundational pillars for us to achieve our vision." Ashok Leyland executive chairman Dheeraj G Hinduja said. Sanjay will drive the 'People' agenda in line with contemporary global practices and steer the company's human resources strategy in the current transformational context, Hinduja said. Jorapur has leadership level experience in technology, engineering and automation domains. He earlier served HFCL Group as its president, group human resources, the statement said.

Meritocracy & reservations

Has merit become a bad word in India? For India's exceptional human resources to remain in the country, it needs to phase out all caste, community, and income-based reservations

Paris 2024 organizers say budget likely to increase 'because of inflation'

The operating budget for the 2024 Paris Olympics is expected to go up by 10%, in part because of high inflation, organizers said Tuesday. The organizing committee, known as COJO, had an original operating budget of around 4 billion euros ($4.1 billion) but will present a revised figure at a board meeting next month that is expected to reach 4.4 billion euros ($4.5 billion). Organizers said half the extra money is needed to cover the impact of inflation, while some will go toward additional expenses for the opening ceremony on the Seine river and costs such as human resources and cybersecurity. The overall budget for the Paris Olympics, including the cost of building and renovating venues, is about 8 billion euros ($8.2 billion) and has already gone up from its original estimate. On the other hand, organizers expect to generate more income from tickets sales than initially expected and said they have already secured 80% of the 1.1 billion euros in revenues from partnership deals the

'What if I'm next?' Fear grips Amazon India employees amid global layoffs

Those in the know say the full force of the impact of global layoffs in India will be felt in the retail division

Attrition to continue to spike even as IT biggies reduce hiring: Experts

HR experts also point that pre-pandemic industry attrition was in the range of 12-13 per cent, to come back to that level is going to take some time.

HCLTech restructures the top management with a new COO and CHRO

VV Apparao, who has worked as the company's Chief Human Resources Officer (CHRO) since 2017, will now take over as the chief delivery officer for nearshore.

Quess Corp to sell its stake in Simpliance Technologies for Rs 120 crore

Aparajitha, a Human Resource compliance service firm from Madurai, Tamil Nadu, along with its affiliates would take over a 53 per cent stake in Simpliance from Quess Corp.

TMS Ep267: IT's HR challenge, IndiGo, US Fed rate hike, PFI

Is the IT industry facing an HR challenge? Did IndiGo miss the premium economy flight? Which sectors are worth your money as RBI mulls a rate hike? What is the Popular Front of India? Answers here

LIC plans to increase agent strength by 40%, ramp up HR systems

India's largest insurer is also looking to revamp its human resources systems in its drive to make the oldest insurance company more technologically advanced, said people aware of the development

68% companies believe AI in HR raises overall job accuracy: Report

Around 68 per cent of companies surveyed believe that the implementation of Artificial Intelligence in the Human Resource process increases overall job accuracy, according to a report. The report revealed that 72 per cent of respondents agreed that using AI in the HR process boosts productivity and saves time as they believe it can automate many HR-related procedures and boost the effectiveness of the system through chatbots. The report by HR solutions provider Genius Consultants is based on an online survey with over 825 organisations spread across sectors including banking and finance, construction and engineering, education, FMCG, hospitality, HR solutions, IT, ITES and BPO, logistics, manufacturing, media, oil and gas, pharma, among others. It further revealed that over 44 per cent of respondents indicated that AI-based chatbots are currently the preferred tool for initial interactions during the hiring process, which also helps new hires settle into their responsibilities and .

XLRI XAT 2023 registration to begin on Aug 10; Here's how to apply

The exam which is expected to be held on January 8 2023, is conducted by XLRI-Jamshedpur, on behalf of the Xavier Associate Management Institutes (XAMI)