Employees in India are satisfied with their jobs, but not with the pay, a survey by jobs portal Monster showed. The survey shows that 75 percent of respondents are satisfied with their current job roles, but only 21.6 percent are satisfied with their pay.Companies have been going cautious on pay hikes considering a slowdown-like situation in the country. Hence, it does not come as a surprise that there is a dissatisfaction with the compensation levels.There was a 21 percent drop in pay satisfaction in 2018 compared to a year-ago period.Close related news Dr Reddy's forays into nutrition segment; launches diabetic-friendly drink Bajaj Chetak to drive KTM, Husqvarna electric scooters Agitation soon if no relief to rain-hit farmers: Kisan Sabha Out of the various factors that are responsible for this level of satisfaction, employees were most satisfied with the relationship with colleagues and superiors, at a level of 92 percent and 87 percent respectively in 2018.Krish … [Read more...] about Indian employees satisfied with job but not with pay: Survey
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Software engineers often find it difficult to get that big jump in their career without a global degree. Even if they do land a better job in another country, it only leads to completely relocating with the uncertainty looming of whether or not, they would become permanent citizenship in those countries. But, believe it or not, there is another option.In today episode of the Future Wise podcast, Moneycontrol's M Saraswathy talks to Ayush Jaiswal, CEO and Co-founder of Pesto Tech on how software engineers can take up global jobs without having to shift to another country.Close Tune in to the Future Wise podcast for more.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol … [Read more...] about Future Wise podcast | You can get an engineering job in a foreign country without relocating
https://www.youtube.com/watch?v=MK1AkKdYIDY advertisement advertisement In less than a decade, a new Egyptian capital may rise out of the desert. Last week, Egypt’s housing minister Mostafa Madbouly announced plans for a yet-unnamed development just east of Cairo, between the current capital and the Red Sea. According to plans, it would cover 270 square miles and be home to 5 million residents. Cairo is a notoriously crowded city, sometimes dangerously so. The population of the greater metropolitan area around the city is approaching 20 million people, according to the U.N., and this isn’t the first time the Egyptian government has attempted to spread that population out a little bit with a bold design to “modernize” and revitalize the ancient region. This latest grand scheme is one of many shiny PR stunts from last week’s Egyptian Economic Development Conference seemingly designed to attract foreign investment. The $44.3 billion capital … [Read more...] about Move Over Cairo: Egypt Wants To Build A New Capital City From Scratch
Anand RathiLiving up to this spirit, the Indian economy seems to be coming out of the cycle of low growth and subdued sentiments. We are heading towards a slow but steady recovery in the second half of the current year and greater prosperity in the next financial year. Buoyed by better economic performance and significant policy reforms, especially the cut in the corporate tax rate, Indian equities have bounced back.The recent steps taken by the government suggest that rather than taking shortcuts or populist measures, the government is taking administrative and structural measures, which would improve the long-term performance of the economy.Close Earnings have beaten expectations led by autos and financials with pre-tax profits up 13 percent YoY and 6 percent ahead of expectations. related news Brokerages remain bullish, Cadila Healthcare share price up 3% Children's Day special! These 9 stocks could give bumper returns in the next 10 years Top buy and sell ideas by … [Read more...] about ‘India’s long-term outlook is good; invest in these 5 stocks for double-digit returns’
In many ways, Lakshmi Niwas Mittal’s global trek began with the acquisition of a plant in Trinidad & Tobago in 1989.Earlier in 1976, as a 26-year-old, he set up a plant in Indonesia for his father Mohanlal Mittal. But it was far away in the Caribbean island that Mittal first sowed seeds of a global strategy, which over the next two decades made him the largest steelmaker in the world. ArcelorMittal’s presence would go on to include plants in 18 countries and offices in 60.Thirty years since that first acquisition though, the Trinidad and Tobago unit is a part of Mittal’s global empire that doesn’t make for a pretty picture.Close ArcelorMittal closed the Point Lisas plant in 2016, a day after the worker’s union got a favourable decision from the courts on a pay hike. Low steel prices and increasing costs had already impacted the operations. related news Bharti Airtel posts staggering Rs 23,045 cr net loss in Q2 after AGR provisioning Glenmark … [Read more...] about Lakshmi Mittal ‘s global empire: An asset or a liability in his Essar Steel bid?