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Dissatisfaction With Job on the Rise, Employees Blame Poor Work-life Balance: Survey

30Oct By AdityaNo Comments

ANALYSIS

Dissatisfaction With Job on the Rise, Employees Blame Poor Work-life Balance: Survey

A Whopping 60% Indian Employees are not Satisfied With Their Current job, 80% are Looking out for job Change Reveals the 'Job Satisfaction 2016' by Timesjobs. India Inc. is about to be bumped over by a big challenge - that of talent retention. The findings of the 'Job Satisfaction 2016' survey reveals that 60% employees are not satisfied with their current job and 80% of the participating employees stated that they are looking to switch jobs. Compared to the 'Job Satisfaction 2015' survey results there has been a noticeable rise in the level of dissatisfaction. In the 2015 study, 78% employees stated that they were happy with their current job, although they were still open to other opportunities. This drop in satisfaction is a sharp contradiction to the claims and promises of Ind...

Ola Fires 250 People Citing Non-Performance, Other Issues to Take on Rival Uber

4Sep By Press Trust of IndiaNo Comments

News

Ola Fires 250 People Citing Non-Performance, Other Issues to Take on Rival Uber

Within weeks of firing about 700 employees of its TaxiforSure operations, cab aggregator Ola has now sacked close to 250 people from its own workforce citing non-performance and other issues. The move comes as the Bengaluru-based firm is locked in an intense battle with global rival Uber in the Indian market. "An annual attrition of 3-4 per cent is a natural churn that is witnessed in the current industry scenario. This includes performance driven exits, contract roles as well as a few surfacing from constant business realignment," an Ola spokesperson said. The spokesperson further added that these have been "well thought through" organisational decisions, keeping in mind the best interests of employees and business efficiencies. The company, however, said it also inten...

Majority of Employees Prefer to Work From Home: Survey

10Jun By Press Trust of IndiaNo Comments

ANALYSIS

Majority of Employees Prefer to Work From Home: Survey

New Delhi: A substantial number of employees are interested in working from home with the preference more prevalent among those aged above 45 years, says a survey. HR services provider Randstad today said that almost equal number of men and women opined that they would like telecommuting. "53 per cent of the respondents from India said they prefer telecommuting, while 47 per cent prefer to work from the office every day," it said citing the results of a survey on workplace flexibility. The findings are based on a survey of around 7,500 employees from India. "Almost equivalent number of male (52 per cent) and female (54 per cent) respondents mentioned that they would prefer telecommuting and this preference was high among those aged 45 years and above," it noted. As much as 58 ...

CEOs Think Good Talents Go For Companies With Social Values

16May By Press Trust of IndiaNo Comments

ANALYSIS

CEOs Think Good Talents Go For Companies With Social Values

CEOs increasingly believe that the best talent will only join and stay with organisations that have strong values and are focused on benefiting society, according to a survey. "About 67 per cent of CEOs think that in five years, rather than going for the biggest pay cheque, talent will prefer to work for organisations with social values that match their own and they are making changes to their talent strategy accordingly," PwCs 19th Annual Global CEO survey reveals. PwC interviewed 1,409 CEOs in 83 countries for this survey. "We have been increasingly seeing a trend among Indian workforce where the purpose behind their roles and the contribution they make to society, is becoming important. They are willing to make trade-offs against pay for this aspect," PwC India Leader - Peo...

It’s Appraisal time: Average hike of 12% likely; top talent to get 25%

10Apr By Press Trust of IndiaNo Comments

ANALYSIS

It’s Appraisal time: Average hike of 12% likely; top talent to get 25%

It is appraisal time again and employees can look forward to an average hike of 10-12 per cent, while top performers can eye as much as 25 per cent, but this once-a-year evaluation norm may change as firms are shifting to a more regular feedback culture, say experts. Most companies have a bell curve system of management in place, which compares employees' performance relative to others and puts them in different rankings - top, average and bottom performers - with the vast majority being treated as average performers. HR experts believe however that times are changing and more and more companies are planning a revamp of their appraisal systems, opting for a more regular feedback based review systems. "Eliminating bell curve/forced distribution or going 'rating less' is undoubted...

The 4 Pillars of Better Leadership- Gabriel Bristol

21Oct By No Comments

BLOGS

The 4 Pillars of Better Leadership- Gabriel Bristol

According to the U.S. Small Business Association, nearly 540,000 new small businesses start each month. While half of these new ventures will celebrate a five-year anniversary, 70 percent of them will fail within 10 years. While much has been made about a difficult economy over the last eight years, the fact is most businesses fail not because of a poor business climate or complicated external market forces. They fail because of poor internal leadership. That might seem harsh, but it’s also the reality of business. With over half a million new ventures starting up each month, it stands to reason that not all of them are going to have good leaders, much less great ones. When entrepreneurs or CEOs turn to me for advice on concrete steps they can take to improve their leadership skil...

Shocking: A Chinese Company punishes sales staff by making them crawl around lake

4Oct By AnkitaNo Comments

News

Shocking: A Chinese Company punishes sales staff by making them crawl around lake

Chinese netizens have been lashing out at the bosses of a company in Zhengzhou, China’s Henan Province, after it was reported that they had punished some employees by making them crawl around a lake. According to City Report, a local media outlet in Henan, around a dozen people were seen crawling on the wooden path along the lake on Friday. Nearly everyone’s clothes were worn out, while some had suffered bruises and scrapes and were bleeding. (more…)