Home for the holidays takes on a whole new, depressing meaning when businesses layoff employees during December. advertisement advertisement Losing your livelihood during the “happiest time of the year” is pretty awful for employees, so why would a company be so Scrooge-like? We asked several HR professionals to weigh in on whether or not it’s acceptable, or advisable, to conduct layoffs during the holiday season, and if so, how to do it compassionately. They had a lot to say. Why Companies Conduct Layoffs During The Holidays The vast majority of organizations run on a calendar year budget, explains Steve Spires, a managing director of outplacement solutions with BPI group, and year-end coincides with the need to achieve year-end numbers. “Business cycles are agnostic, and focused on results without bias, emotion, nor sentimentality,” says Jason Hanold, managing partner at executive search firm Hanold Associates. Because companies may want to … [Read more...] about Fired For The Holidays: Is It Acceptable For Businesses To Downsize In December?
Recruiting strategies for human resources
A recent exchange between two corporate employees on a social media platform talked about how they made the interns do the ‘mundane jobs’ like ordering a cake, calling for snacks at a meeting or fixing the printer.While this seemed to be banter between two professionals, who were boasting about making an MBA student run around doing menial jobs, it is also a reflection of the perceived role of interns at workplaces.Landing an internship at a large company in India is a big deal for a student. The two-month period is crucial because it not only gives students first-hand experience about the corporate world but a candidate could also be given a full-time job if he/she performs well during this period.Close However, what none of the students is prepared for is the kind of work they actually get assigned. From printing out reports to arranging files or ordering food for the boss, the ‘daily chores’ are endless. And being a newcomer to the job, complaints are … [Read more...] about The intern is not your office assistant
Tata Steel Europe’s proposed merger with Thyssenkrupp’s steel business in the continent is crucial for the two companies’ future.While Tata Steel wants to channel its resources and regain dominance in the domestic market, for Thyseenkrupp, the merger is crucial for its long-term strategy to become an engineering conglomerate.Much of the responsibility for the merger’s success lies on the shoulders of two men – TV Narendran, Tata Steel’s Global CEO and Managing Director, and his German counterpart Heinrich Hiesinger, CEO, Thyssenkrupp.Close India focus related news Essar Steel insolvency: Supreme Court sets aside NCLAT judgement, gives upper hand to banks Jet Privilege goes for brand revamp; to be known as 'InterMiles' Ideas for Profit | Berger Paints: Valuations look glossy, time to book gains Narendran, who in 2013 took over as the Managing Director for India and South Asia, was promoted last year. He became Tata Steel’s first ever … [Read more...] about Tale of two men: Why the Tata Steel Europe-Thyssenkrupp merger is crucial for Narendran & Hiesinger
India has pledged to contribute USD 13.5 million for various operational activities of development across the UN agencies for the year 2020.Counsellor at India's Permanent Mission to the UN Anjani Kumar announced India's pledges at the UN General Assembly Pledging Conference for Development Activities.Kumar said India's pledges of contributions for operational activities of development for the year 2020 is to the tune of USD 13.5 million, in line with the country's long-standing tradition of supporting development activities across the UN system.Close Outlining contributions to the various UN agencies, Kumar said on Wednesday that India will contribute USD 5 million to the UN Relief and Works Agency for Palestine Refugees in the Near East, USD 4.5 million to the UN Development Programme. related news Rajnath Singh visits LAC forward post, says armies of India, China sensible enough to reduce tensions CJI Ranjan Gogoi to retire on November 17, sits in bench for last time The … [Read more...] about India pledges to contribute $13.5mn for UN development activities for 2020
If you’re looking to waste some time today—and since you’re reading this column, that’s a pretty safe bet—check out the online strategy game Power House on Facebook. The premise may not sound that exciting: guide a family of four through a series of everyday household tasks using as little electricity as possible. But Power House is addictive and challenging, and better yet, it could save you money on your next utility bill. advertisement advertisement You read that right. As it happens, Power House was developed by researchers with the explicit goal of getting players to reduce their energy consumption in the real world. And it seems to have worked. In the January 2015 issue of Environment and Behavior, communications scholar Byron Reeves and three Stanford colleagues report that people who played Power House demonstrated more energy-efficient behavior immediately afterward—both in a lab and their own homes. “Taken together, the … [Read more...] about This Addictive Game Could Save You Money On Your Next Utility Bill