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  • The policy of sabbaticals for millennial employees | The Financial Express
    sabbatical programme was funded by the organisation The short point is the agency made this possible for an employee who has been with us for a long period of employment and in a situation where we felt that the experience would enrich the employee So that when he returned to the organisation he would be able to add a unique perspective to the work we do Another such instance is Etienne Do a young employee inspired by the possibilities of a start up who took a sabbatical leave to go to Ho Chi Minh City Vietnam to pursue a low cost study The company funded his study for a year and sanctioned a concession to work from Ho Chi Minh City Flexibility therefore is a must if organisations want to retain their employees in the future At the same time it is important to invest in the right people By Tripti Lochan The author is CEO VML South Asia the global marketing agency First Published on December 14 2015 12 02 am Please Wait while comments are loading Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep

    Original URL path: http://www.financialexpress.com/article/industry/companies/the-policy-of-sabbaticals-for-millennial-employees/178161/ (2016-02-08)
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  • Making the disabled economically-abled | The Financial Express
    ILO has identified 20 high growth sectors ideal for PwDs which are auto BFSI building and construction chemicals and pharma education electronic hardware food processing furniture gem and jewellery ITeS and BPO etc It is noteworthy that these are also the leading growth sectors with a major contribution to national GDP The focus of the government should be on absorbing PwDs in these sectors where skills are in demand There have been recent policy developments that are most encouraging According to a new IIT scheme the decision to waive off fees for PwDs could provide a model for increasing their enrolment in other educational institutions too This is a path breaking move that has the potential for a chain reaction More importantly it serves as a much needed signal of positive intent The new ministry of social justice and empowerment MSJE and the Department of Empowerment of Persons with Disabilities DEPwD under the MSJE have begun to put in place progressive schemes and policies that ensure better opportunities and protection of rights for the economic rehabilitation of PwDs It is a step towards meeting its objective of training and employment of 5 lakh PwDs in the next three years with the overall target of 25 lakh by 2022 The Seventh Pay Commission is likely to recommend work from home for the disabled employees touted as a big win to boost PwD confidence and overcome poor infrastructure and accessibility issues The government s Accessible India campaign with a plan to rate and reward public and private companies for disabled friendly initiatives will result in more inclusive hiring policies generally skewed against the disabled and sensitivity towards the need for accessible physical infrastructure Again this could have far reaching implications if integrated into the government s mega Smart Cities plan The ongoing review of the National Building Code of India NBC by the Bureau of Indian Standards has a good proposal With large scale construction taking place across India stipulation within the NBC on making buildings accessible and there is also popular demand to include disability access in the main text of the NBC and not as a separate annexure as is the case right now The recent Kerala Administrative Tribunal s KAT order to include a PwD candidate who succeeded in the prelims and final written tests in the rank list of Deputy Collector in the Land Revenue Department is likely to put an end to the PSC practice of conducting suitability assessment of PwD candidates Estimates vary but bringing PwDs into the mainstream employment market could result in upwards of a 0 85 increase in GDP Not just this decades of western experience in managing PwDs suggests that rehabilitation and custodial care systems can be unnecessarily expensive and counterproductive due to the high cost of institutions Instead the focus should be on training inclusion and accessibility of work and work environments that can lead to significant economic returns To view the disabled as an economic resource it s very important

    Original URL path: http://www.financialexpress.com/article/industry/jobs/making-the-disabled-economically-abled/175383/ (2016-02-08)
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  • Indian universities should invest far more in research | The Financial Express
    to top 200 universities While the Indian Institute of Science Bangalore made its debut in the top 20 and IIT Bombay occupied a space for itself in the top 30 China dominated the rankings by occupying first and second places In the top 10 China has five of its institutes followed by two from South Africa and one each from Russia Taiwan and Brazil When asked what makes a university world class Phil Baty said that it is components such as teaching excellence research experts and an environment producing new information Universities should have an international outlook Baty said On the rankings Baty added We are putting less emphasis on research and more on industry relations Baty also said that a separate ranking system for BRICS and emerging economies is needed because many good universities generally get crowded out of world rankings because of dominance of other universities As far as the Indian education sector is concerned Baty added that there is room for diversity While some universities should focus on skills and training people for the jobs others should focus on research and competing at the global level A country like India needs some of its universities to be of the global standards If you focus only on the national role you might lose sight on global If India creates more world class universities and good opportunities for teachers the best faculty can be retained and global faculty can also be attracted On the strengths and weaknesses of Indian universities Baty said Indian universities have a very strong reputation of outstanding teaching standards The weakness is that they do not invest enough in research First Published on December 7 2015 12 02 am Tags BRICS Naveen Jindal Pranab Mukherjee Please Wait while comments are loading More on this story Fleet Review President Pranab Mukherjee reviews naval fleet off Visakhapatnam coast International Fleet Review to be India s biggest military exercise Digvijay Singh disagrees with Pranab Mukherjee on temple opening site issue Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day

    Original URL path: http://www.financialexpress.com/article/industry/jobs/indian-universities-should-invest-far-more-in-research/175384/ (2016-02-08)
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  • Heena Khandelwal | The Financial Express
    Finance Minister Arun Jaitley on February 28 2014 KPMG has tried to understand Rail Budget 2015 The State of Indian Railways in 5 easy graphs Union Minister Suresh Prabhu presented the Rail Budget 2015 in Parliament today and promised the PM Narendra Modi government CS Results ICSI professional exam results 2014 declared today Institute of Company Secretaries of India ICSI today declared the result for CS Professional exam which was held on December 27 2014 Union Budget Income tax slabs through the years Tax slabs decide the rate of income tax levied on total income of various section of society men women corporates etc Union Budgets 2012 15 comparison From Pranab Mukherjee P Chidambaram to FM Arun Jaitley A look at the major budgets presented by FMs Pranab Mukherjee P Chidambaram and Arun Jaitley today Budget 2015 wishlist What India Inc wants from FM Arun Jaitley While FM Arun Jaitley is busy preparing a transformational Budget we take a look at what the industry has gone on record with its own wishlist 7 promises Arvind Kejriwal s Aam Aadmi Party made to Delhi public to beat high flying BJP delivery ASAP The Arvind Kejriwal led Aam Aadmi Party AAP has wrenched power in Delhi from under the nose of Narendra Modi led Bharatiya Janata Party Vibrant Gujarat Summit 2015 PM Narendra Modi to make India the easiest destination to do business Fluctuations in global economy biggest concern need to find ways for its stability and recovery PM Narendra Modi at Vibrant Gujarat Summit 2015 Narendra Modi releases coin and special postage stamp at Pravasi Bhartiya Divas Marking 100 years of Mahatma Gandhi s homecoming from South Africa Prime Minister Narendra Modi released the special postage stamp and coin Videocon launches Infinium Z50 Nova exclusively on Flipkart prices it at Rs 5 999 Videocon Mobile has launched the affordable Infinium Z50 Nova today exclusively on ecommerce site Flipkart with a Rs 5 999 price tag 1 2 Editor s Pick How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note From Real Madrid to Chelsea Know the top 10 richest clubs New Mahindra cars at the Delhi Auto Expo 2016 Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From Real Madrid to Chelsea Know the top 10 richest clubs Earthquake in Taiwan Magnitude 6 4 quake kills 14 over 100 missing scores injured in Tainan Real Madrid

    Original URL path: http://www.financialexpress.com/author/heena/ (2016-02-08)
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  • Embracing IT for sustainable HR models | The Financial Express
    and HR must collaborate Technology is becoming an increasingly important driver of HR effectiveness and efficiency Thus HR managers must consult with IT departments before starting HR initiatives This can help in better utilisation of resources as companies nowadays are spending a lot of their operating expenditure into HR technology A report by Towers Watson 2014 HR Service Delivery and Technology survey estimated that one third of companies had increased investment in HR technology in that year The most popular investments included HR talent management services mobile access services and cloud based software as a service systems The survey also showed growth in investments around HR data and workforce analytics The effort therefore from an HR perspective must be to create systems where technology aids and enriches human involvement Making a big shift with Big Data The ability to capture and analyse Big Data has enabled many enterprises to both increase revenues by better understanding and more accurately targeting customers as well as cutting costs through improved business processes and HRM HR departments are considering an outside in approach and are ready to increase spends on analytics which offers them predictability and the ability to analyse mountains of structured and unstructured data to answer important questions regarding workforce productivity impact of training programmes on enterprise performance and identification of potential leaders By using analytics HR professionals can move from intuition based decision making to data driven decision making Analytics can also help overcome the huge challenge for HR in telecom companies in talent acquisition workforce planning and workforce utilisation and simultaneously focus on areas like retaining skilled and motivated workforce Big Data in HR offers a wholesome approach when managing recruitment and talent acquisition as it integrates with the third party and external online job portals social media and referrals for recruitment Technology adaptability is only going to increase As more and more employers reach out beyond metros to tier 2 and tier 3 towns to meet their business needs the increased usage and reliability on technology then would not be a choice but a necessity The author is CHRO Tata Teleservices Ltd First Published on November 30 2015 12 02 am Please Wait while comments are loading Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once

    Original URL path: http://www.financialexpress.com/article/industry/jobs/embracing-it-for-sustainable-hr-models/172055/ (2016-02-08)
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  • Richa Tripathi | The Financial Express
    the Delhi Auto Expo 2016 From Real Madrid to Chelsea Know the top 10 richest clubs Earthquake in Taiwan Magnitude 6 4 quake kills 14 over 100 missing scores injured in Tainan Real Madrid s Cristiano Ronaldo 31 soccer star and entrepreneur All you need to know in 8 slides How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note International Fleet Review 2016 President Pranab Mukherjee reviews naval fleet Asteroid TX68 to pass by Earth on March 5 at 9 000 17 000 km distance NASA Earthquake in Nepal 5 5 magnitude quake injures 15 tremors rock Bihar too Horoscope By Peter Vidal Today 08 Feb This Week 07 Feb 13 Feb SAGITTARIUS Your choices are perfectly clear Loved ones or close companions may be unreasonable but there is probably no escape from emotional tension What you can do however is make a conscious decision to treat all differences of read more Home Markets 2016 02 07 10 49 39 Outlook GDP data Q3 earnings to set market tone GDP IIP and consumer inflation will dictate market movement this week say experts while blue chips SBI and ONGC are also lined up to release their third quarter earnings numbers Sensex end 278 points up on value buying Lupin Vedanta shares surge Top 10 stocks that trended in today s trade Jindal Steel Lupin and more RBI to buy back inflation indexed bonds maturing in 2023 Mutual Fund AUM falls for third straight month in January Companies 2016 02 07 11 47 07 India Post to invest Rs 322 crore to augment parcel capacity In a bid to strengthen its position in the e commerce market India Post has proposed to invest Rs 322 crore till 2019 20 to augment parcel handling capacity through which it projects to earn a revenue of Rs 1 608 crore Facebook bans pages selling medical marijuana in US Aamir Khan loses Snapdeal contract Lupin Q3 net profit dips 12 per cent to Rs 530 crore BSE Institute announces launch of new zone for startups Economy 2016 02 06 19 54 52 Arun Jaitley asks states to step up infra social sector spending Finance Minister Arun Jaitley today said he expects states to increase spending on infrastructure and poverty alleviation schemes as the 14th Finance Commission has devolved higher funds to them Govt approves Rs 17 000 cr highway projects for 9 states Open to idea of separate mechanism for broadcasting cases Arun Jaitley Fattening MGNREGA is a national shame not pride Doubting India s fastest growing GDP stats economists devise their own Tech 2016 02 06 13 34 09 Google engineer builds smart Android powered bathroom mirror A Google engineer has developed a smart Android powered bathroom mirror which automatically displays the latest updates Twitter to launch new Facebook style timeline in 23 countries Mozilla to kill Firefox smartphone operating system InFocus launches BINGO 1 priced at Rs 5 499 in India smartphone exclusively available on Snapdeal

    Original URL path: http://www.financialexpress.com/author/richa-tripathi/ (2016-02-08)
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  • Skilling development for a better quality of life | The Financial Express
    for ensuring employable skills Funding mechanism for encouraging setting up skill development and training institutes in PPP mode Schemes for adoption of government owned vocational training centres by the private sector Labour market information systems for matching skill demand and supply etc To help training providers identify courses several studies on skill gaps at regional and sector levels have been commissioned by the government and Sector Skills Councils In addition to promote skill development the mission has sought to introduce various key measures Recognition of prior learning RPL based on skills acquired through experience which can be certified and built upon to improve employability Industry recognition of certified skills along with willingness to pay a premium in recognition of improved efficiency and productivity Programmes such as Pradhan Mantri Kaushal Vikas Yojna which can be leveraged by students to fund their training courses Ensuring skilling courses include necessary soft skills such as language basic IT and financial literacy for enhancing employability as well as for those who choose to become entrepreneurs etc A key challenge for formal skills training has been societal attitude which traditionally has preferred formal higher education over skills training An attempt has been made to address this through positioning vocational training as a successful career option through targeted awareness campaigns integration of skilling in formal school education certification and diploma from skills universities and community colleges to be established The opportunity for formally certified skilled youth from India lies not only within the country but globally as well While the average age of the Indian population is expected to be 29 years by 2020 larger economies such as the US European countries and Japan will be facing the ageing population problem with the average age being 40 46 and 47 years respectively This provides an enormous opportunity for Indian youth in seeking opportunities abroad leveraging the skilling ecosystem in India The skill development mission also seeks to address overseas employment with the objective that youth in India should be trained to the highest global standards to access employment opportunities abroad and international mobility Key initiatives in the mission include ensuring equivalence between NSQF and International Qualification Framework partnerships with leading vocational training institutes in other countries identifying global workforce requirements in key sectors in select destination countries leveraging Indian embassies and research organisations etc While the intent is there to promote formal skilling for ensuring that the youth get the advantage of participating in the economic growth and can look forward to a better standard of living the implementation and turning this vision into reality would depend on the key actors in this journey which include governments both central and state level implementing the policies and enabling regulations training providers offering affordable courses with curriculum aligned to industry requirements and getting themselves accredited by concerned Sector Skills Councils industry willing to pay premium salaries to certified trained youth as compared to unskilled informally trained persons and finally the youth opting for formal skill development courses as per

    Original URL path: http://www.financialexpress.com/article/industry/jobs/skilling-development-for-a-better-quality-of-life/172054/ (2016-02-08)
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  • Anindya Mallick | The Financial Express
    s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From Real Madrid to Chelsea Know the top 10 richest clubs Earthquake in Taiwan Magnitude 6 4 quake kills 14 over 100 missing scores injured in Tainan Real Madrid s Cristiano Ronaldo 31 soccer star and entrepreneur All you need to know in 8 slides How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note International Fleet Review 2016 President Pranab Mukherjee reviews naval fleet Asteroid TX68 to pass by Earth on March 5 at 9 000 17 000 km distance NASA Earthquake in Nepal 5 5 magnitude quake injures 15 tremors rock Bihar too Horoscope By Peter Vidal Today 08 Feb This Week 07 Feb 13 Feb SAGITTARIUS Your choices are perfectly clear Loved ones or close companions may be unreasonable but there is probably no escape from emotional tension What you can do however is make a conscious decision to treat all differences of read more Home Markets 2016 02 07 10 49 39 Outlook GDP data Q3 earnings to set market tone GDP IIP and consumer inflation will dictate market movement this week say experts while blue chips SBI and ONGC are also lined up to release their third quarter earnings numbers Sensex end 278 points up on value buying Lupin Vedanta shares surge Top 10 stocks that trended in today s trade Jindal Steel Lupin and more RBI to buy back inflation indexed bonds maturing in 2023 Mutual Fund AUM falls for third straight month in January Companies 2016 02 07 11 47 07 India Post to invest Rs 322 crore to augment parcel capacity In a bid to strengthen its position in the e commerce market India Post has proposed to invest Rs 322 crore till 2019 20 to augment parcel handling capacity through which it projects to earn a revenue of Rs 1 608 crore Facebook bans pages selling medical marijuana in US Aamir Khan loses Snapdeal contract Lupin Q3 net profit dips 12 per cent to Rs 530 crore BSE Institute announces launch of new zone for startups Economy 2016 02 06 19 54 52 Arun Jaitley asks states to step up infra social sector spending Finance Minister Arun Jaitley today said he expects states to increase spending on infrastructure and poverty alleviation schemes as the 14th Finance Commission has devolved higher funds to them Govt approves Rs 17 000 cr highway projects for 9 states Open to idea of separate mechanism for broadcasting cases Arun Jaitley Fattening MGNREGA is a national shame not pride Doubting India s fastest growing GDP stats economists devise their own Tech 2016 02 06 13 34 09 Google engineer builds smart Android powered bathroom mirror A Google engineer has developed a smart Android powered bathroom mirror which automatically displays the latest updates Twitter to launch new Facebook style timeline in 23 countries Mozilla to kill Firefox smartphone operating system InFocus launches BINGO 1 priced at Rs

    Original URL path: http://www.financialexpress.com/author/anindya-mallick/ (2016-02-08)
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