Human Resources learning at Infosys The students specializing in Human Resources visited the Infosys facility for an industry visit under the guidance of the Department Head, Professor Shaji Kurian and Personality Enhancement Faculty, Professor Raj Chakraborty. The students arrived at Infosys facility at Electronic City, Phase 1 post lunch on 25th June 2015 for an experience of a lifetime. The students were welcomed by Mr. I.S. Krishnamurthy who is one of the senior departmental heads for the human resource department there. The students...

Read More

Will the Robots change the Human endurance and create a revolution in the organisation’s life-cycle?

January is the official start of a New year, whereas for an organisation it is on 1st of April and for those into academics it starts on 1st of July. Why I am saying this is because I was fully patched with my PGDM juniors of almost 267 students who joined our college. While exploring Bangalore and running for 5kms with them, I came to know about very important news “Ramco system Chennai”. Released an announcement stating that “They have created 34 Bots for their company, in which 22 bots will be used for HR – related functions and...

Read More

Job Profiles in Marketing

Concentration Consumer Marketing: Mass marketing to end-consumers. Opportunity Areas FMCG (fast moving consumer goods)/CPG (consumer packaged goods), Consumer Durables, Consumer Services Learning Focus Sales & Distribution, Brand Management, Marketing Communication, Product Development, Pricing Strategies, Consumer Behaviour, Retailing/E-Tailing, Marketing & Sales Analytics, Digital Marketing Concentration Business to Business (B2B) Marketing: Targeted marketing to enterprise customers Opportunity Areas Technology products &...

Read More

Statistics about Indian Labor Market

1) Total workforce in the country-Around 47 crore. 2) Workforce in the organized sector-8 crore. 3) Workforce in the unorganized sector- 39 crore 4) Labor force participation rate (LFPR) at All India Level-52.5%  5) Worker Population Ratio at All India Level-49.9% 6) Unemployment Rate in India-4.9% 7) Self Employed Persons-49.5% 8) Casual Labor Employed-30% 9) Wage/Salary Earners Employed-16.5% 10) Contract Workers Employed-3.0% 11) Unemployment for Rural Male Youth-5% 12) Unemployment for Rural Female...

Read More

Pros of Bonus and Compensation

Bonuses are compensation for employees for work performed; they are paid in addition to salary or wages. Bonuses are considered compensation if (per the IRS) they "arise out of an employment relationship or are associated with the performance of services." Bonuses are considered taxable to employees, but are considered an expense of doing business and are, in most cases, a tax benefit to the employer. A bonus payment is usually made to employees in addition to their base salary as part of their wages or Salary. While the base salary usually...

Read More