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HRKatha

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Tata Projects to empowe construction workforce with skilling opportunities

  • Tata Projects has launched upskilling initiatives to empower its construction workforce and promote sustainable practices.
  • The initiatives focus on providing specialized training, accredited certifications, and financial support to workers.
  • Graduates receive certifications, diplomas, and degrees accredited by CIDC and Kalinga University.
  • The program aims to create a certified, diverse workforce and build sustainable site management practices.

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Unfair expectations? Fresher faces termination

  • A Bengaluru man, newly hired at a startup, was abruptly terminated within three months.
  • The termination was communicated via a text message from a board member.
  • The man struggled with tasks outside his expertise and faced delays in reviews and inconsistent responses.
  • The incident highlights the challenges freshers face in startups when roles expand without proper support systems.

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NSDL appoints Vijay Chandok as MD & CEO

  • Vijay Chandok has joined NSDL as its new managing director (MD) and CEO of National Securities Depository (NSDL).
  • Chandok will focus on enhancing market operations and delivering secure, efficient, and innovative solutions for stakeholders.
  • He brings nearly 30 years of leadership experience and expertise in corporate finance, relationship management, and risk management.
  • Chandok's appointment is expected to help NSDL maintain its leading role in the financial services sector.

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Bhavnesh Bhat appointed GCHRO, SAARC, Sugam Group

  • Bhavnesh Bhat has been appointed as the group chief human resources officer (GCHRO) of SAARC for Sugam Group.
  • Bhavnesh Bhat previously served as the chief of HR and strategy at RippleHR Global Consulting.
  • He has extensive experience in HR, working with companies such as ABN Amro Bank, SRT, Tulip Telecom, and Jabong.
  • Bhavnesh Bhat's personal goal is to enable people to become better professionals and more complete individuals.

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OpenAI employees offered share sale opp worth $1.5 billion

  • OpenAI is offering employees the chance to sell up to $1.5 billion worth of shares to Japan's SoftBank Group.
  • The transaction is expected to close by 24 December, aligning with OpenAI's valuation of $157 billion.
  • SoftBank, through its Vision Fund 2, aims to deepen investments in AI by acquiring OpenAI shares.
  • This move follows SoftBank's $500 million investment in OpenAI during a $6.6 billion funding round in October.

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Neha Bhandari is now head-people & culture, CARS24

  • Neha Bhandari, former HR director at VMock, has been appointed as the Head of People and Culture at CARS24.
  • Bhandari has a diverse professional background, starting her career in customer support officer roles and gradually moving into HR positions.
  • Throughout her career, she has worked in various companies such as Convergys, IBM Daksh Business Process Services, Barclays Shared Services, Future Group, and Healthians.com.
  • Bhandari is known for her problem-solving skills, people-oriented approach, and strong decision-making abilities.

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'Big Four' salaries: How much accountants and consultants make at Deloitte, PwC, KPMG, and EY

  • The 'Big Four' accounting firms, Deloitte, PwC, KPMG, and EY, are known for paying high salaries to their employees, with entry-level consultants making over $200,000 a year.
  • Deloitte pays its senior managers between $91,603 to $288,000 and reported a revenue of close to $64.9 billion for the 2023 fiscal year.
  • PwC, with over 370,000 employees worldwide, reported a revenue of more than $53 billion for the 2023 fiscal year. The salary ranges at PwC include associates earning $68,000 to $145,200 and managers earning $114,300 to $231,000.
  • KPMG, with over 273,000 employees worldwide, reported a revenue of $36 billion for the 2023 fiscal year. The salary ranges at KPMG include associates earning $61,000 to $140,000 and managing directors earning $230,000 to $485,000.
  • EY, employing close to 400,000 people worldwide, reported a record revenue of $49.4 billion for the 2023 fiscal year. Salary ranges at EY include accountants and auditors earning $54,000 to $390,000 and statisticians earning $66,000 to $283,500.

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The creators of pandemic sim Plague Inc are back with 4X city builder After Inc: Revival

  • Ndemic Creations, the creators of Plague Inc, have released a new game called After Inc: Revival.
  • After Inc: Revival is a 4X city builder set in a post-apocalyptic United Kingdom after a zombie apocalypse.
  • Players must scavenge resources, expand their settlement, make difficult decisions, defend against zombies, and explore the beautiful post-apocalyptic landscape.
  • The game is currently in early access, with plans for additional content and features.

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Medium

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Navigating Cross-Functional Collaboration in High-End Product Management: A Strategic Guide

  • Cross-functional collaboration is essential in high-end product management to ensure all brilliant minds work in harmony.
  • Companies with strong cross-functional collaboration are more likely to report market leadership and above-average financial performance.
  • Collaboration leads to innovative ideas and new product breakthroughs.
  • Strategies for effective cross-functional collaboration include strategic catch-ups, shared playbooks, radical transparency, empathy workshops, cross-functional learning, collective celebration, crystal clear narrative, precision-aligned goals, transparent decision-making, advanced collaboration tools, intelligent dashboards, cutting-edge collaboration platforms, universal translator mode, vision as a North Star, data-driven harmony, deep understanding, and conflict resolution mastery.

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UX Design

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Cost-effective UX strategies for 2025

  • UX researchers and designers can use three strategies to effectively impact their products and organization for good.
  • The first strategy involves using existing data before prioritizing research and summarizing the existing studies to determine what hasn't been acted upon.
  • With the second strategy, UX researchers conduct secondary research to explore the problem space and scope of prior projects.
  • The third strategy involves triangulating, planning and prioritizing the future to get a complete picture of where the product stands in the market.
  • When you understand what your team knows, what the industry knows, and what you know about your customers, you can make better decisions about your product going forward.
  • Benefits include risk reduction, data-backed decisions, knowledge sharing, and being cost-effective, as well as saving time to market.
  • By executing these strategies, UX designers and researchers can impact their products, prove their value to the business, and set themselves up for success in 2025.
  • UX professionals hold the key to providing solutions to problems faced by businesses that are validated with customers.
  • Organizations that strategically capitalize on untapped insights and align them with business objectives can drive profit, multiply impact, and fuel advancement.
  • Looking in vs. looking out at internal or external research data is a good way to gain perspective and build a cohesive story across existing studies, surveys, feedback, and social media.

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Genpact Expands to Lucknow, Plans 2,000+ Jobs

  • Genpact, a global professional-services firm, is set to generate over 2,000 jobs in Lucknow, Uttar Pradesh.
  • The move aims to reinforce India's position as a global hub for innovation and skilled talent.
  • The new office in Lucknow will focus on AI, digital transformation, and advanced technologies.
  • Genpact aims to create impactful solutions by investing in talent development and advanced technologies.

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Federal employees targeted as Musk criticises climate-related roles

  • Elon Musk reposted information about climate-related government positions on his social media platform, exposing the names and roles of four women in obscure government jobs.
  • Federal employees express fears of being targeted by Musk's massive online following.
  • Musk criticizes climate-related roles as 'fake jobs' or unnecessary expenditures, sparking intense online backlash.
  • Critics argue that Musk's actions embolden his followers, leading to harassment, threats, and job resignations.

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Medium

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Top 6 AI Strategies for Optimizing Content Distribution in Marketing

  • AI-driven techniques are essential for brands to stay ahead of the curve in content distribution.
  • Predictive analytics with AI empower marketers to decode audience behavior and optimize content for maximum impact.
  • Machine learning algorithms enhance the predictive capabilities of AI tools, allowing marketers to be responsive to changing trends.
  • AI-driven predictive analytics sharpens audience targeting, enhances content distribution, and drives higher conversion rates.

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Visa is letting go 100s from workforce in Bay Area

  • Visa is laying off hundreds of employees in the Bay Area, including senior vice presidents, vice presidents, senior directors, directors, engineers, and technical program managers.
  • The impacted employees will receive severance packages, counseling, and outplacement assistance.
  • This layoff round follows a previous round in November, where 91 employees were let go.
  • Visa had planned to reduce its workforce by around 1,400 employees and contractors by the end of 2024 as part of an effort to streamline its global operations.

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SBI Funds Management gets Nand Kishore as MD & CEO

  • SBI Funds Management has appointed Nand Kishore as its new MD & CEO.
  • Kishore's expertise lies in portfolio management services and alternative investment funds.
  • He aims to meet the diverse needs of the financial institution's clients.
  • Kishore brings extensive expertise across diverse banking domains in his 34-year career at SBI.

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