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HRKatha
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Joy Banerjee appointed head-HR & admin, CDSL
- Joy Banerjee has joined Central Depository Services (CDSL) as head-human resources and administration.
- He brings over five years of experience from IL&FS and has expertise in various HR operations.
- In his new role, he will be responsible for employee engagement, talent management, and culture building.
- Joy Banerjee's appointment is expected to be a valuable addition to CDSL.
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HRKatha
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115 TISS faculty members get contracts extended till March
- 115 faculty members of Tata Institute of Social Sciences (TISS) have had their contracts extended till March 2025.
- These faculty members were appointed under projects funded by the Tata Education Trust (TET) and were selected through a rigorous process.
- Earlier this year, some faculty members were dismissed due to lack of funds, but the dismissal order was withdrawn and funding was extended till the end of this year.
- A sustainability committee has been formed to find long-term solutions for the projects.
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HRKatha
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Team Computers creates tech jobs for locals in Uttarakhand
- Team Computers has launched its global delivery centre (GDC) at Tatva Hills, Uttarakhand, creating more than 50 tech jobs for locals.
- The company has partnered with local colleges to offer training programmes, fostering a robust talent pipeline in the region.
- By integrating rural talent, Team Computers aims to foster regional growth and ensure high-quality service delivery for its clients.
- The initiative aligns with the company's commitment to make Uttarakhand an important part of the Indian tech ecosystem.
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HRKatha
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Stellantis reverses layoff decision at Ohio plant following CEO exit
- Stellantis has announced it will not proceed with plans to lay off about 1,100 employees at its Ohio Jeep plant.
- The decision comes after the resignation of CEO Carlos Tavares and follows disagreements with board members.
- Instead of layoffs, Stellantis will extend the Worker Adjustment and Retraining Notification (WARN) notice.
- Stellantis has been focusing on cost-cutting and efficiency amid slipping sales in North America.
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Minis
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Indian IT CEO pay soars 160% in last 5 years, while fresher salary rises only 4%
- Salaries of CEOs at India’s top five IT firms—TCS, Infosys, HCLTech, Wipro, and Tech Mahindra—have surged by 160% in five years, reaching a median annual pay of ₹84 crore in FY24.
- Meanwhile, fresher salaries have risen just 4%, from ₹3.6 lakh to ₹4 lakh. This disparity comes as corporate profits fail to keep pace with wage growth, despite IT being India’s largest private-sector job creator.
- Former Infosys CFO Mohandas Pai criticized this imbalance, questioning high CEO rewards amid falling margins and stagnant entry-level pay, calling it "very wrong" and exploitative.
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HRKatha
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Rozgar Mela: Over 71,000 youth receive appointment letters
- Over 71,000 young individuals received appointment letters for permanent government jobs in a nationwide Rozgar Mela.
- Nearly 10 lakh youths have secured permanent government positions in the past 18 months, marking a significant milestone in employment generation.
- The recruitment covered critical sectors such as the Ministry of Home Affairs, Department of Posts, Department of Higher Education, Ministry of Health and Family Welfare, and Department of Financial Services.
- The event took place simultaneously across 45 locations nationwide, with a focus on inclusivity and representation in government roles.
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HRKatha
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Poonawalla Fincorp pioneers AI integration in HR operations
- Poonawalla Fincorp has integrated Artificial Intelligence (AI) into its HR operations.
- The integration of AI has resulted in a 90% reduction in the time taken to finalize job offers.
- AI tools streamline document verification, candidate screening, and job postings, enhancing recruitment efficiency and accuracy.
- Poonawalla Fincorp is developing a WhatsApp-powered AI bot to address employee queries and assess skills.
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HRKatha
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Employers should have a say in fixing min. wage: Karnataka HC
- The Karnataka High Court has stated that employers should have a say in fixing or revising minimum wages.
- The court observed that employers are stakeholders and should not be treated as outsiders in wage-related decisions.
- The government should allow employers to give their opinions and take a stand on minimum wage matters.
- This comes in response to a petition filed by employers' associations challenging a notification on revised minimum wages.
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HRKatha
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321
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Google lays off 10% of managers; Pichai wants more ‘Googleyness’
- Google plans to lay off 10% of its managers, including directors and vice presidents, as part of efforts to streamline processes, increase efficiency, and cut costs.
- The objective is to reduce the team size by 10% while aiming for a 20% increase in efficiency. Impacted managers will be reassigned as individual contributors or have their roles eliminated.
- Sundar Pichai, CEO of Google, emphasized the importance of 'Googleyness' which refers to innovation, teamwork, and goal-oriented approach in Google employees.
- Earlier this year, Google executed layoffs in its cloud computing unit and 'core' teams, with some jobs being relocated overseas.
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HRKatha
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Sekhmet Pharmaventures welcomes Nivedita Agrawal as senior director-HR
- Sekhmet Pharmaventures has appointed Nivedita Agrawal as its senior director-human resources.
- Agrawal brings two decades of experience and was previously the general manager-HR at Freyr Energy Services.
- At Sekhmet, Agrawal will focus on developing and implementing talent strategies, cultivating high-performing teams, and fostering leadership.
- Her appointment reflects Sekhmet Pharmaventures' commitment to growth and innovation.
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HRKatha
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The Marico way: Redefining inclusivity and innovation
- Marico’s journey from a family-owned enterprise into a global leader is shaped by The Marico Way.
- This framework fuses inclusivity, innovation, and diversity, creating a workplace culture that aligns seamlessly with the company’s ambitions.
- Marico undertook a comprehensive exercise to refine its core values, engaging stakeholders across geographies.
- Inclusivity is embedded in Marico’s DNA and operationalised through a range of initiatives including regular feedback loops to stay attuned to employee sentiment.
- The company also has tailored initiatives like Ignite for emerging talent, WINGS for employees with disabilities, and Phoenix to facilitate the reintegration of women.
- Marico’s operations span traditional and digitally enabled businesses, each requiring tailored approaches.
- Recognition is a cornerstone of Marico’s value-driven culture with initiatives like I Value You month.
- The company exemplifies what it means to be a future-ready organisation by embedding inclusivity into its operations.
- In terms of feedback, Marico utilizes tools such as AI chatbots to gather real-time feedback, ensuring that all employees needs are met.
- Marico's approach allows the company to maintain its identity and address the nuanced demands of its diverse operations.
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HRKatha
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The Marico Way: Building a culture of inclusivity and value
- Marico follows The Marico Way, a framework that fuses inclusivity, innovation, and diversity for a workplace culture that aligns with its ambitions.
- Recently, Marico refined its core values after engaging stakeholders across geographies to foster an inclusive, forward-looking culture where every member feels a sense of ownership and belonging.
- Inclusivity for Marico is about creating environments where diverse voices are not just heard but valued. Regular feedback loops ensure that leaders can remain attuned to employee sentiment while trust-building sessions foster open conversations and a commitment to continuous improvement.
- Marico tailors its initiatives around these principles, including programs like Ignite, WINGS, and Phoenix. Success metrics for these initiatives are as precise as their design, while cutting-edge tools like AI chatbots gather real-time feedback to ensure that programs evolve based on member needs.
- Marico’s operations span traditional and digitally-enabled businesses, requiring distinct approaches tailored to suit specific business needs. Reinforcing values through recognition, Marico sets employee growth, retention rates, and long-term engagement as priorities.
- Recognition is a cornerstone of Marico’s value-driven culture. Initiatives like the I Value You month celebrate employees whose behaviours embody the company’s ethos. At the team and organisational level, trust-building conversations ensure values translate into everyday actions.
- By embedding inclusivity into its operations, fostering dialogue across geographies, and promoting individual empowerment, Marico serves as a powerful reminder that a company’s true strength lies not just in its products but in the values it cultivates.
- Marico’s focus on inclusivity and innovation is not just about addressing present challenges but preparing for the future. Its success exemplifies what it means to be a future-ready organization.
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HRKatha
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New salary scale from 31 Dec. for engineers in Saudi Arabia
- A new salary scale for engineering jobs in Saudi Arabia will come into effect from 31 December, as approved by the Cabinet.
- The new scale will apply to government employees in engineering jobs under the Saudi Standard Classification of Occupations.
- It will be applicable to employees with a bachelor's degree in engineering from Saudi Arabian or authorized international universities.
- The change aims to improve the work environment and align career progression for engineers in the Kingdom.
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Minis
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What is a ‘stay interview’? Why you should ask for one if you plan to keep your job
- A stay interview is a proactive discussion where employees and managers align on career goals, motivations, and improvements within the company.
- Unlike performance reviews, which assess past work, stay interviews focus on enhancing satisfaction and retention. Companies like Google and IBM conduct these biannually to understand employee needs and foster engagement.
- Employees can also request them to express concerns, discuss professional growth, and suggest workplace improvements. Success depends on open communication and actionable follow-ups. By addressing concerns early, stay interviews reduce turnover costs and help shape fulfilling career paths, benefiting both employees and employers.
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Medium
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When the Moon Misses the Mark: Exploring the Algorithm Behind Google’s Lunar Doodle
- The goal of the game is to match different phases of the moon to complete phase pairs and lunar cycles.
- The author noticed that the moon's moves in the game seemed suboptimal and wondered if it was based on a simple algorithm or intentional design.
- The moon missed opportunities to make strategic moves in certain instances, raising questions about its decision-making process.
- The game 'Rise of the Half Moon' Doodle blends education with engagement and the moon's behavior may be intentionally designed to keep the game accessible and enjoyable for all.
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