The Indian IT sector has been hiring more people in the current fiscal than it did in the previous financial year. Of the major IT companies, Tata Consultancy Services (TCS), Wipro, HCL Technologies and Infosys have together recruited over 70,000 people in the first nine months of FY 2018–19. This is much more than the
NHRDN - Mumbai Chapter Get what you give: The art of retaining talent
” On average, how much would you estimate the cost of reinstating a high performing employee to be? What if we redirected the same question to ‘How much of value will it add to the business if my current star performer stays longer?’  With the existence of the ‘Cost of Employee Turnover’ calculator, one could
NHRDN - Mumbai Chapter Here are a few HR tech startups to look forward to at TechHR Singapore
” With nearly $1.2 Bn invested in the quarter three of 2018 in the HR tech space, globally the pace of venture capital investment in the sector looks to remain fast-paced. In fact, according to a report by Grand View Research Inc. the global HR industry is projected to reach $30 Bn by 2025.  Technological
NHRDN - Mumbai Chapter Ed-tech startup Byju’s to double its workforce
” After recently closing a $540 Mn round and becoming the fifth-most valued company in the country at $3.6 Bn, Byju’s is kick-starting one of its largest recruitment drives. From about 3000 to 3500 employees it is looking to hire around 2,000 people for its sales and operations team, while the rest will be added
NHRDN - Mumbai Chapter Creating impact through an employee-centric approach to CSR
” It is no news that Employee Volunteering Programs (EVP) promise inspiring global impacts. Embracing EVPs provides organizations with an opportunity to magnify their impact on society and realize business benefits. In addition, businesses with established employee volunteering programs can augment the business brand, enhance employee well-being, and improve leadership skills. More than business well-being,
NHRDN - Mumbai Chapter Here's how you can de-bias your workplace
” A few weeks ago, I was facilitating a workshop on “Unconscious Biases” and how it prevents greater workforce participation of women, for the department heads at a manufacturing plant. Amar, 38, M.Sc, M.Tech, Head of Quality, was one of the participants who engaged me unremittingly with his questions and doubts. “Ma’am, if I am
NHRDN - Mumbai Chapter Trends to watch out for in 2019!
” At this point of the year, you cannot think of the future. From making a wild guess to taking calculated risks will be occupying significant mindshare. And the outlook, as analysts say is ‘Cautious Optimism’. There are reasons to believe that 2019 will be a better year, yet, there’s a hold-back on account of
NHRDN - Mumbai Chapter Sylvie Nicol to succeed Kathrin Menges  as Executive Vice President Human Resources
” Sylvie Nicol currently Corporate Senior Vice President Global Human Resources, has been appointed to the Henkel Management Board. Effective April 9, 2019, after Henkel’s Annual General Meeting, she will become responsible for Human Resources (HR) and Infrastructure Services. She will succeed Kathrin Menges who will not be available for another term on the Management
NHRDN - Mumbai Chapter Positive hiring trends for 2019 across sectors – Survey
” Online job portal Shine.com has projected growth areas in the hiring sectors for 2019 while charting hiring trends in 2018. The tech-driven job search platform collated data over the past year to map the Indian hiring landscape, focusing on key growth regions and functional areas across industries. Somewhat unsurprisingly, top metro cities such as
NHRDN - Mumbai Chapter DigitalOcean gets new CTO from VMware
” Former VMware executive, Barry Cooks, has been appointed as the Chief Technology Officer of DigitalOcean, a cloud-based system for developing new apps. Cooks has more than two decades of experience in product development, management, quality assurance and both hardware and software engineering. In his new role, Cooks will be in charge of product direction