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Thursday, 9 February 2023

HR News: 10 Feb, 2023

1.

Tasmac raises salary for its finance staff in Tamil Nadu

Tasmac has met the long-awaited request of assistant engineers (accounts) in the corporation by raising their annual increment from 1,250 to 2,500. This boost has instilled optimism among those working as supervisors, salesmen, and assistant salesmen for a salary hike in the upcoming months.  At present, supervisors earn a salary of Rs. 13,500, salesmen receive Rs. 12,500, and assistant salesmen earn Rs. 10,250. After subtracting the amounts for PF and insurance, their take-home pay would be even lower. As per TOI, a source has reported that there are 52 assistant managers in the accounts department who receive a contract salary ranging from Rs. 35,000 to Rs. 42,000 per month. Their request to raise their annual increment from Rs. 1,250 to Rs. 2,500 for the past three years was also approved in a board meeting on December 28. Additionally, it has been declared that the arrears for the past three years will also be paid.

 

2.

Pension and salaries paid till December: MCD Commissioner to Delhi HC

The court summoned MCD Commissioner following non-payment of salaries and pensions for the past few months. The Delhi High Court was informed by the Commissioner of MCD on Thursday that the civic body had paid salaries and pensions to its employees and retired staff members until December and that for January would be made promptly. A bench consisting of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad acknowledged the statement made by the MCD Commissioner and scheduled the matter for another hearing after four weeks. The court observed that despite repeated promises from authorities, the salaries of Class III and Class IV employees, teachers, and other employees of the MCD remained unpaid. On January 30th, the Delhi High Court characterised the non-payment of salaries and pensions to MCD employees as ‘unfortunate’ and ordered the Commissioner of the civic body and officials of the city government to appear before it.

3.

Tridhya Tech rewards employees with cars

The company celebrated the hard work and dedication of its employees by presenting 13 of them with cars.

Tridhya Tech, a leading provider of digital transformation services located in Ahmedabad, celebrated the hard work and dedication of its employees by presenting 13 of them with cars. These employees have been with the company since its inception and have made significant contributions to its mission and growth. Ramesh Marand, CEO and director of Tridhya Tech, addressed the employees during the event and spoke about the company’s employee recognition program. He emphasised the importance of recognising the efforts of employees and expressed his belief that the wealth created by the company should be shared with those who have helped to create it.

Monday, 6 February 2023

Inter-collegiate Experiential Learning Contest ‘E-L-C’ featured in IESMCRC Pratyush'23!!!

 

 

                                                         

 IES’s Management College and Research Centre’s,

HR Club, “HR MATRIX”

Presents

Inter-collegiate Experiential Learning Contest ‘E-L-C’

RULES AND PROCEDURES FOR “E-L-C”–The HR Experiential Learning Contest ‘E-L-C’

1.     IESMCRC HR Club, HR Matrix is organising ‘E-L-C’– HR Experiential Learning Contest ‘E-L-C’.

2.     SCHEDULE:

21st February at 12:30P.M.  (Final year Students (preferably) of All specialisations); Venue: IESMCRC, Bandra (W) Campus, 5th Floor, Classroom:502.

3.     The EL cards will be given on that day and date.

4.     The submission is to be provided on that day in that time, by the participant.

5.     All students with recognised email ids, will be eligible for participation. Individual entry or groups of maximum 4 students is allowed.

6.     The starting date is on point no. 2. So be present and await your assessment on 21st February 2023 at 12:30P.M. sharp.

7.     The assessments will be announced by email individually to participants on 21st February 2023.

8.     In the assessments,

a.      All students will be guided as to which competencies under their choice of specialization is better suited for them.

b.     The 3 best entries would be felicitated as winners based on creativity, competence, skill and language content.

9.     All are encouraged to participate in this contest using the S-T-A-R Technique to sharpen your career competency choices.

10.  The Winner, 1st Runner Up and the 2nd Runner Up would be felicitated with certificates. Certificate of participation would be provided to each participant.

11.  The photo gallery of the event will feature in our blog <https://iesmcrc-hrclub.blogspot.com/> and social media sites.

12. Assessments would be shared on 21st February 2023. For any queries contact: hrclub@ies.edu  


Contact Us At:


      HR Club, Faculty In-charge: Prof. Dr. Mrs. Merlyn Michael D’souza

(D): - +91-22-50001758/ (M): - +91-9892863320 / Email Id: hrclub@ies.edu

     HR Club, Student In-charge: Ms Drushti Parab

(M): - +91-9869711063/ Email Id: drushti.parab22@ies.edu


Student-in-charge Name

HR Club Activity Event

Mobile No.

Email Address

Shreya Bangera

HR Experiential Learning Contest ‘E-L-C’

9820230416

shreya.bangera22@ies.edu

Shweta Rane

7208416551

shweta.rane22@ies.edu



   

                     

 

Click Here to view PDF file

SCAN TO SHARE DETAILS...


Here is the ---> Pratyush '23 Event Schedule 

Friday, 3 February 2023

"Inter-collegiate ‘Our ResearcH’R Act'" SHRM/ ET HR/ Harvard Case Competition

    

Event Report
Title of the Event :
Student Centric (Club Activities)
In-charge Faculty :
Prof. Dr. Mrs. Merlyn Michael D'souza
Day :
Friday
Date :
20-Nov-2022
Time :
11:30 AM
Venue :
6th Floor, Seminar Hall 601
Audience (for whom conducted):
13 Intercollegiate students
Number of Finalists: 
 10
Topic :
"Inter-collegiate ‘Our ResearcH’R Act'" SHRM/ ET HR/ Harvard Cse Competition
Organized by which Club :
HR Club



Winning HR Spin-A-Yarn HR Topics  :
1st Rank - HR Our-ResearcH'R-Act Competition 
Click on Name below to view the winning speech
Nicole Mascarenhas, Fr Conceicao Rodrigues College of Engineering Fr Agnel's Technical Complex, Bandra 
Steven Mascarenhas, St Xavier's College of Engineering, Mahim 
SHRM & Harvard Business Review research article on  Diversity, Equity & Inclusion




2nd Rank - 'Our ResearcH'R Act' Competition
Celestina Pawar, Sheila raheja Hotel School
Neha Biju, GLS Institute of Design

Harvard business review research article on '21 HR jobs for the future'

3rd Rank - HR Our-ResearcH'R Act' Competition 
Advik Naik, Mithibai College of Arts
Isha Savant, H.R. College of Commerce and Economics
SHRM research article on Job satisfaction & employee engagement research report 2016



Winners receiving certificates collected by their friend/ relative from Mrs.  Sajita Thomas, Director-HR, India, Diebold Nixdorf 


1st Prize, for Nicole Mascarenhas & Steven Mascarenhas
2nd Prize, for Celestina Pawar & Neha Biju
3rd Prize, for Advik Naik & Isha Savant

HR Learning: 3 Feb, 2023

1.

Empowering future-ready leaders at Bajaj Energy

In an exclusive conversation with Mohit Saxena of Bajaj Energy and Minaxi Indra of upGrad for Business, we dive into what it takes to build future-ready, progressive and impactful leaders. As we embrace the dynamic business landscape, a strong leadership bench will be critical to achieving talent retention, employee engagement and productivity. Recognising this, Bajaj Energy joined hands with upGrad for Business and launched its Future Leadership Program. The goal was to empower their successors to manage people, groom teams, motivate peak performance and lead with empathy. 

This called for strategic interventions that reimagined learning programs by creating an ecosystem where high-potential employees could grow and thrive. Instilling a sense of belonging while building career-competency paths was critical to circumvent the fear of skills obsolescence, one of the central themes of our exclusive one-of-a-kind multimedia flipbook in partnership with upGrad for Business, Amplifying Growth, Achieving Impact: Customer Success Stories. 

.

2.

Union Budget 2023: What do we need to “Make AI in India” and "Make AI Work for India”?

Industry experts are excited about the government’s pitch to promote artificial intelligence, calling it a “strong step”. However, some say more quick measures are needed to realise the ambitious goals. 

The government is opening floodgates of new opportunities in Artificial Intelligence (AI) and robotics with the tabling of Union Budget 2023, which promises to usher in a new era for professionals. 

In her budget speech in Parliament on Wednesday Finance Minister Nirmala Sitharaman said for realising the vision of “Make AI in India and Make AI work for India”, three centres of excellence (CoEs) for AI will be set up in top educational institutions.

“Leading industry players will partner in conducting interdisciplinary research, develop cutting-edge applications and scalable problem solutions in the areas of agriculture, health, and sustainable cities. This will galvanise an effective AI ecosystem and nurture quality human resources in the field,” she added.

Sitharaman further added that to unleash innovation and research by start-ups and academia, a National Data Governance Policy will be brought out. This will enable access to anonymised data.

Industry experts say the pitch to promote AI is a strong step by the government. However, more quick measures are needed to realise the ambitious goals of "Make AI in India" and "Make AI Work for India".

Sandeep Dutta, Chief Practice Officer - APAC region at AI firm Fractal, said India is sitting on a unique opportunity to become the AI powerhouse for the world - "we have the demographic dividend of a growing young workforce and are already at the cutting edge of AI with the third rank in AI-related publications globally."

3.

The future of work: A shift towards soft skills and constant upskilling

 

As the global economy becomes increasingly connected, the demand for language and communication skills is growing rapidly. Technical skills and practical expertise are exceedingly valuable traits for any professional candidate to possess. Highly trained technical professionals are, after all, challenging to come by. These candidates are the foundation of any successful business. Over 400 companies with 100,000 employees each, cited an average loss of $62.4 million per year because of inadequate communication with clients and between employees, in a Holmes report. Miscommunication reportedly costs even smaller companies of 100 employees an average of $420,000 per year.

Language barriers can also have a significant impact on a company's bottom line. According to a study by the Common Sense Advisory, companies can lose up to $2.3 million per year due to language barriers. This loss can be due to a variety of factors, including miscommunication, reduced productivity, and lost business opportunities. Additionally, up to 60% of cross-border business deals reportedly fail due to language barriers

HR Movement: 3 Feb, 2023

1.

mCaffeine ropes in Neetha Thomas as head – people function

Thomas has moved from LogiNext, where she was vice president – human capital & administration. Neetha Thomas is head – people function, mCaffeine. Before joining the Indian caffeinated personal care brand, Thomas was vice president – human capital & administration, LogiNext. An alumna of the University of Mumbai, Thomas began her career as an HR consultant, with Mannai Corporation, Qatar. A year later, she joined Weatherford as senior HR coordinator. Less than five years into this role, she was elevated to assistant manager – HR. She worked closely with the CEO and CHRO to lead and manage the HR department. Amongst other things, she developed the annual HR plans, budgets and performance targets and ensured their successful implementation. From 2011 to 2013, she worked as an employee-development specialist with the Qatar Foundation. In this role, she managed the Qatar Career Fairs for two years. The event was attended by more than 30,000 students and over 50 companies.

2.

Raj Raghavan joins CoreStack as CHRO

CoreStack is a Seattle-based next-gen cloud business accelerator company. A seasoned HR professional, who has led HR for companies such as Indigo, Amazon and GE, Raj Raghavan has now joined CoreStack, the next-gen cloud business accelerator company, as CHRO. Raghavan will inspire the Company’s rapidly-growing global talent force. He will develop strategies to attract talent and maintain the Company’s culture based on its values, at a global scale. Ezhilarasan (Ez) Natarajan, founder & CEO, CoreStack, says, “Raghavan was the natural choice to inspire and lead the most valuable element of CoreStack, our people. He has dedicated his career to serving the talent of high-achieving, global companies. We see his future at CoreStack as an extension of this rare skill.”


3. Hein Schumacher to take over as CEO, Unilever in July, 2023

Schumacher will step into the shoes of Alan Jope, who will retire from the Unilever Board on 1 July. Unilever has found its new CEO after a widespread global hunt. Hein Schumacher will be appointed Unilever CEO designate on 1 June 2023 and after a month’s hand-over process, will become CEO, Unilever, on 1 July, 2023. He will step into the shoes of Alan Jope, who is set to retire from the Company and resign from the Board on 1 July, 2023. Interestingly, Schumacher spent four years with Unilever as finance manager, in the initial years of his career, in 1997, based out of Germany and the Netherlands. In the year 200, he became corporate controller – Asia / Central America, Ahold. This stint lasted three years, after which Schumacher moved on to HJ Heinz. He joined as finance director, Netherlands and within two years, was elevated to VP & CFO, Continental Europe.

HR News: 3 Feb, 2023

1.

SAP, Hasbro, Sirion Labs, Tier lay off employees

The German-based software company SAP, toy-manufacturer Hasbro, US-based startup SirionLabs, and German-based micro-mobility company, Tier Mobility laid of employees. SAP announced on Thursday that it will be cutting 2.5 per cent of its worldwide workforce. The decision has been taken as a step to reduce its overall expenses and prioritise its cloud operations.  Hasbro, a renowned toy manufacturer stated that it will be reducing 15 per cent of its worldwide workforce this year. According to a report by Inc42, US-based startup SirionLabs, has recently laid off approximately 15 per cent of its total workforce. This layoff occurred just 15 days after the startup raised $25 million. The German-based micro-mobility company, Tier Mobility, has announced that it will be laying off 7% of its workforce as a part of its restructuring efforts.

 

2.

Does Amazon time its employees’ toilet breaks?

Employees of Amazon in the UK have been protesting for some time now against their increment not enough to keep pace with the rising cost of living. Amazon is grabbing headlines for the wrong reasons yet again. During a protest by its warehouse employees in Britain, some employees have made certain shocking revelations about the pitiable work conditions at the e-commerce company. They claim that they are questioned if they have been ‘idle’ for over half an hour. The employees have reportedly told BBC that they are questioned if they are missing from their desks for a little while or stop working for some time. They alleged that the Company keeps track of their toilet breaks too. Some claim that the robots at the warehouse are given better treatment than the workers themselves. Employees reveal that at times it is not always possible to find a free toilet near the building. Therefore, it may take a little more than 15 minutes to find a toilet and return to work, but such ‘extended’ breaks are questioned by the managers, as part of the performance-management system that the Company follows.

 

3.

EPFO may amend pension scheme

The Ministry of Labour and the Employees’ Provident Fund Organisation (EPFO) are planning to re-examine the Employee Pension Scheme (EPS) so that it becomes more feasible. The aim is to be able to work out ways to raise resources to be able to fund higher pensions every month. In November, a Supreme Court ruling had allowed most categories of employees to opt for higher pension, excluding those who retired prior to 1 September, 2014, with salary exceeding the limit of Rs 15,000 per month. The EPFO had issued a circular in December, 2022 offering a chance to only those members who have retired prior to September 1, 2014, to apply for higher EPS pension, provided they had applied for the same before they retired and had their application rejected.

Saturday, 28 January 2023

"Inter-collegiate ‘Spin-A-Yarn’- HR topics" Competition

   

Event Report
Title of the Event :
Student Centric (Club Activities)
In-charge Faculty :
Prof. Dr. Mrs. Merlyn Michael D'souza
Day :
Friday
Date :
20-Nov-2022
Time :
11:30 AM
Venue :
6th Floor, Seminar Hall 601
Audience (for whom conducted):
13 Intercollegiate students
Number of Finalists: 
 10
Topic :
"Inter-collegiate ‘Spin-A-Yarn’- HR topics" Competition
Organized by which Club :
HR Club



Winning HR Spin-A-Yarn HR Topics  :
1st Rank - HR Spin-A-Yarn Competition - It's A Tie! 
Click on Name below to view the winning speech


2nd Rank - HR Spin-A-Yarn Competition

Diya Shah, Malini Kishor Sanghvi College


3rd Rank - HR Spin-A-Yarn Competition - It's A Tie!  
Click on Name below to view the winning speech 






Winners receiving certificates collected by their friend/ relative from Mrs.  Sajita Thomas, Director-HR, India, Diebold Nixdorf 


1st Prize, for Saloni Gowda & Atharva Malekar

2nd Prize for Diya Shah

3rd prize, for Sachi Bangera and Ganesh Hariyan