Cummins India Limited, a manufacturer of engines, generators, and related products, on 4th December, announced a voluntary retirement program or VRS for its "professional/ exempt employees who have completed minimum 10 years of service and are above 45 years of age."
The company said in a statement, "This has been done with the objective of reducing headcount to manage the...
Perhaps
the most important question we ask ourselves personally and professionally is
“What do I want?”
This
question helps define what success means, focus attention, and allow for more
conscious choices to make progress. If we don’t answer this question, others
are likely to answer it for us; often not to our ultimate benefit.
At a personal level, this question helps make informed
choices about lifestyle, relationships,...
Sundar Pichai promoted as Alphabet’s CEO, Google’s parent company! He will be taking over the top position at the internet giant Alphabet’s company after the co-founders Larry Page and Sergey Brin stepped down from its active management, making him one of the most powerful corporate leaders of the world. Mr. Pichai is now CEO of both Alphabet and Google....
In today’s competitive market, employee demand for growth and development is increasing. Simultaneously, we are facing a growing organizational demand for talent. To retain top talent and ensure the fulfillment of jobs and skills, it’s time to put more emphasis on what we call internal talent mobility. Building a talent mobility strategy can drive improvements across both employee engagement and business...
After diversifying business units, OYO has now shuffled its senior leadership team. The company announced that it has elevated India and South Asia CEO, Aditya Ghosh, to the board of directors. And Ghosh will be succeeded by Rohit Kapoor, who was heading Oyo’s new real estate business. Rohit’s new role will be effective from January.
Ghosh joins OYO’s board which...
Are paycheques and career growth prospects the only things that get people going in the workplaces?
While the physical and psychological dimensions of workplaces have been studied extensively over the years and worked upon, the spiritual quotient of our workplaces has not been attended to in a focused manner although we were aware of its need and existence. So what...
According to a recent Willis Towers Watson survey, salaries in India are projected to rise by 10% in 2020, marginally higher than the actual increase (9.9%) in 2019. Sector-wise, the energy sector, financial services, and consumer products sector could see the highest salary growth.
While salary increases in India are stabilizing around the 10% mark, they remain the highest in...
Problem Statement
My wife depends on her maid. Many times maid does not turn up without informing. Then wife has to do all the daily chores herself. I analysed the problem and brought home a floor cleaning robot. The robot did not replace the maid. It reduced our dependency on the maid. At the same time, the role of the...
Microsoft tested out a four-day work-week in its Japan offices and found as a result employees were not only happier but also significantly more productive.
For the month of August, Microsoft Japan experimented with a new project called Work-Life Choice Challenge Summer 2019, giving its entire 2,300-person workforce five Fridays off in a row without decreasing pay.
The shortened weeks led to more efficient...
The Government appoints Radhashayam Mahapatrao as new HR Director of NALCO (National Aluminium Company Ltd). He succeeds Basant Kumar Thakur. Currently, Mr. Mahapatrao is Director-Personnel at Central Coalfields Limited (CCL) and he will join Nalco on 01.01.2020.
Mr. Mahapatrao has three decades of HR experience in Power, Oil and Coal Sectors in different capacities. He has handled many areas...