Sunday, June 08, 2014

Smriti Irani - HRD Minister

Millions of arguments…. this week on Smiriti Irani… who is she? What’s the problem? Let’s have a detailed look at: Smriti Zubin Irani (née Malhotra, born 23 March 1976) is an Indian politician and former model, television actress and producer. She represents the Bharatiya Janata Party and is the incumbent Minister of Human Resource Development of Government of India. EARLY LIFE & EDUCATION Smriti was born in Delhi to a family...

Honda plans to hire 1,000 people in India by end of FY'15

Japanese auto major Honda Motor Company plans to hire around 1,000 people in India as it looks to start a second production shift at its plant here by the end of this financial year. The company's wholly-owned subsidiary Honda Cars India Ltd (HCIL) is targeting an almost 50 per cent jump in sales to 2 lakh units in 2014-15. "When we will start the second shift at the Tapukara facility, we will require more manpower. We think we will add 800-1,000 people in our overall headcount in India by the end of this fiscal," HCIL Senior Vice President...

Crosswords 9- Cross Culture

Across 3. MITBESTIMMUNG--German word for Co-determination (13) 4. PATRONAGE--The power to control appointments to office (9) 5. GLOCALIZATION--The practice of global branding and localized marketing, where a global brand adapts to the differences in local culture (13) 10. INPATRIATE--A foreign employee who is assigned to work in the home country of the parent multinational (10) 11. ETHNOCENTRISM--Believing that the people, customs and traditions...

Companies Best Pay & Perks

Everyone wants to work for an organisation which knows for its competitive base salaries and innovative and alluring benefits. This is particularly true in today’s economic climate where salary is at the forefront of everyone’s minds – from the fast-food workers in America demanding higher minimum wages, to Asia’s ongoing struggle with pay disparity. Glassdoor has just released its latest compilation of the top organisations for compensation and benefits, which is based on the workplace insights of employees via their website. Perhaps...

Investing in Employee's Holistic Wellness

When you hire a new employee in your organization from the first day itself you should start having high hopes from him / her. You want the employee to work hard using all his abilities and take the company to a new level of success. What happens when the employee feels sick and is unable to attend office? Won’t it be a headache even if he / she take a leave for one day? A planned leave is manageable but an unplanned leave often incurs loss. Everyone knows ‘Health is Wealth’ but according to some people being healthy means only to look slim but...

25% of HR leaders fell into the profession “by chance”

How did you get into human resources as a profession? If you’re like 25% of participants in a recent survey, you probably fell into this career path by some sort of accident. It’s not a bad thing at all – it’s simply an interesting insight into how HR leaders entered their careers. According to research conducted by XpertHR, which explored the careers of HR professionals in the US, it appears the HR profession as a whole is happy with itself. The majority of HR heads interviewed said they are happy with the career choice they’ve made and...

GM CEO Fires 15 after investigation into fatal recall reveals neglect

This should have never happened. It is unacceptable.” Those were the words from General Motors CEO Mary Barra, who yesterday fired 15 people – more than half of them top executives – following an internal inquiry into a recall of cars with a faulty ignition switch. The decade-long recall has been linked to at least 13 fatal crashes and eventually led to the recall of 2.6 million Chevrolet Cobalts, Saturn Irons and a number of other models fitted with the faulty switch. Announcing the findings of the internal report, Barra said she had...

Six HR trends for 2014

With 2013 winding down, HR professionals and business leaders alike are turning their attention to the trials, opportunities and trends that the new year will bring. “There are six key HR developments that will be crucial to growth and continued success,” Karen Cariss, global CEO of PageUp People, explained. “These trends need to be front-and-centre on the global executive agenda when planning for next year.” The six key developments, as highlighted by Cariss, are: Talent intelligence With organisations gaining ground on their understanding...

Why Facebook’s HR team encourage staff to ‘break things’

Needless to say, the social media mavens at Facebook have experienced a wide array of ups and downs throughout the years. For this reason, it is critical that the website’s engineers, technicians, and web developers remain versatile, flexible, and prepared for whatever may lie ahead. Unconventional Welcoming The organisation has instituted a number of strategies to ensure that their employees can handle a variety of challenges, even ones that may be outside an individual’s area of expertise. Even though any potential Facebook engineer...

Don’t punish officials for leak: SmritiIrani

Many critics raised relate to his educational qualifications. SmritiIrani asked Delhi University to "reinstate" five non-teaching staff members, who were suspended for allegedly leaking purported documents relating to her undergraduate admission and admit card following a row over her educational qualifications. Despite more than one DU official confirming on Friday that five of SOL's non-teaching staff had been suspended, Singh's statement said, "The news reports appearing in a section of the press on the suspension of five employees of...

Students question HRD minister over 8 new IITs

Decision to set up eight new IITs has sparked an interesting debate. Students from the older IITs have begun an online petition seeking review of the move, and 6,000 signatures were gathered in less than a week. Among the issues raised by the students are acute shortage of competent teaching staff, and inadequate facilities. Available reports indicate that existing IITs in India have 6,591 sanctioned posts. Only 4,079 have been filled, a mere 62% of total requirement. Among these faculty positions are also teachers on visiting, adjunct and...

Recent trends in critical HR management practices

Nobel Prize-winning economist Gary S. Becker, who coined the term “human capital,” says that “the basic resource in any company is the people. The most successful companies will be those that manage human capital in the most effective and efficient manner.” The present day economy has been titled as “Knowledge economy”.  In such an economy, it is people who make all the difference.  In political economy capital or market was important.  Talent occupies centre stage in the Indian workplace.  In view of this, managing and...