Tata Consultancy Services (TCS) has been recognized as the world's best employers by the Top Employer Institute for the consecutive third year.TCS was selected from a pool of 1,300 companies in 113 countries for offering exceptional services to its employees.TCS picked up the latest Top Employer endorsement for 27 of its individual country teams across Europe, Asia Pacific, North America, Latin America and the Middle East.The Top Employer rankings are based on the key criteria including Talent Strategy, Workforce Planning, On-boarding, Learning & Development, Performance Management, Leadership Development, Career & Succession Management, Compensation & Benefits and Company Culture.Earlier, TCS was listed as the World's best employer the Forbes 2017 Global 2000 list and featured in the Fortune magazine's Change the World 50.
The heads of Swedens largest companies, including clothing giant H&M and telecoms maker Ericsson, denounced today deportations of highly-skilled workers as the nations technology sector suffers a shortage of staff. In a letter published by the financial daily Dagens Industri and signed by around 30 bosses -- including H&M CEO Stefan Persson and Ericsson chief executive Borje Ekholm -- they write that expulsions of foreign employees "harm business" and that "Swedish companies need to hire globally". "We cannot expect engineers, IT-technicians, and other specialists to leave their countries if they risk expulsion from Sweden for unpredictable reasons," they added. The migration agency has faced criticism for refusing to extend foreign employees work permits, leading to expulsion, on controversial grounds. Hussein Ismail, a Lebanese engineer at a biotech company that he founded in 2012, is facing deportation along with his wife and children after cutting his own wage for three ...
Union minister Nitin Gadkari today launched two mobile apps of logistics firm APML in which the company will rope in retired defence personnel. "With government's vision of creating self employment, empowerment & Skill India, APML Sathi is being launched along with APM Suvidha scheme. The focus is on our ex-servicemen becoming an entrepreneur in their second innings post retirement and APML wishes to cover every nook and corner of the country," it said in a statement The plan is to create approximately 15,000 employment opportunities with earnings of Rs 30,000 per month or more under APML Sathi scheme.
PARIS (Reuters) - France's unemployment rate dropped below 9 percent for the first time since 2009, adding weight to efforts by President Emmanuel Macron to liberalise a rigid labour market that remains hamstrung by a skills mismatch.
The BJP on Thursday released its "Vision Document" for the February 27 Meghalaya Assembly elections, promising to implement 7th Pay Commission recommendations for government employees, regularise contractual employees and provide job to every youth, among others.
The Madras High Court today reserved its order on pleas by two top Tamil Nadu transport employees' unions seeking to modify the terms of reference of arbitration on transport workers wage hike demands. The CITU and the DMK-affiliated LPF have moved the court, claiming that if the terms of reference were restricted only to the multiplier of wage hike, it would cause great "prejudice to the workers." A division bench of justices S Manikumar and M Govindaraj had on January 11 appointed high court judge E Padmanabhan as arbitrator to settle their wage-related dispute with the government. The unions wanted the court to expand the scope of arbitration to the entire charter of demands of workers including fixation of separate scales of pay and, separate pay matrix for six categories of employees. Besides this, the unions also claimed that the settlement signed by the government dated January 4, with the minority unions should be declared invalid in law. The terms of settlement were decided ..
The number of Americans filing for unemployment benefits rebounded from a near 45-year low last week, but remained below a level that is associated with a tightening labor market.
The BJP today released its 'vision document' for Meghalaya, promising to provide free sanitary napkins to all women from BPL households and pension to daily-wage labourers if the party came to power in the state. Elections to the 60-member Meghalaya Assembly will take place on February 27 and the results will be declared on March 3. The BJP is contesting 47 seats and has no pre-poll alliance with any party. In the manifesto, released by Defence Minister Nirmala Sitharaman at a press conference here, the BJP promised to resolve the ban on coal mining, which affected thousands of families dependent on it, if voted to power. The National Green Tribunal (NGT) had banned coal mining in Meghalaya in 2014. The BJP has also promised to implement the Seventh Pay Commission recommendations for state employees. Highlighting that the youth are the strength of the state, the BJP said it will create an environment for big businesses to invest in the state and create jobs in large numbers. According
Attacked by the Opposition over the issue of rural distress, the rural development ministry has drawn a comparative data on employment and expenditure under the BJP-led NDA government's four years and the UPA's last four years to project its work as "historic". A report prepared by the ministry says the government spent Rs 77,711 crore on rural housing programme between 2014- 18 (so far) compared to Rs 43,371 crore during 2010-14 under the UPA and unskilled man days of work generated during the corresponding periods were 49.97 crore and 25.26 crore respectively. It created 1,44,906 km of rural road connecting 36,471 unconnected rural habitations while under the UPA's last four years 45,924 km of rural road was built connecting 27545 rural habitations. Citing these figures, Minister of State for Rural Development Ram Kripal Yadav claimed that no government has done so much as the NDA to improve living standards in rural India and claimed that its work was "historic". "Our work to ...
The impact of artificial intelligence (AI) on employment is expected to be severe, but the benefits outweigh its concerns as it would lead to improved efficiency and cost saving, says a PwC India report. According to the report titled "Artificial Intelligence- Hype or Reality", about 68 per cent of Indian business decision-makers believe AI will help their business in various ways such as boosting productivity, generating growth and addressing societal issues. "While 65 per cent of participants agreed that AI is likely to have a severe impact on employment in India, a majority believed the benefits outweigh any employment concerns as AI will open up opportunities for people to do more value-added work, apart from allowing for greater flexibility and work-life balance," the report said. Given that AI integration requires significant time and investment, the report also suggests that organisations would do well to prioritise those areas that could be automated with relative ease and ...
PARIS (Reuters) - France's unemployment rate fell below 9 percent for the first time since 2009, registering a sharp drop that is likely to boost President Emmanuel Macron's efforts to reform the country's economy.
India faces the problem of under-employment and an unsatisfactory job scenario more than unemployment as the young generation has higher aspirations compared to what is on the ground, NITI Aayog Vice Chairman Rajiv Kumar said today. And, he said, there is a challenge to create a balance in this " turbulent time" of increasing technological intervention and employment generation. "We must be cognizant of the fact that India is competing or moving on an economic transition in a very-very turbulent time. You have an emerging trend of automation, robotisation, artificial intelligence (AI) on one hand and employment generation on the other. And therefore we need to find some very clever and smart ways of handling this," Kumar said. Speaking at a post-budget conference organised jointly by industry body CII and Institute of Economic Growth (IEG), he warned however that any attempt to find a quick fix solution through a cut-paste model from abroad or any variety will not succeed. There is
The Kerala government today said pension amount and arrears of retired transport employees would be disbursed from February 20. The payment to the pensioners of the loss making Kerala State Road Transport Corporation (KSRTC) would be completed by the end of this month, state Minister for Tourism and Co-operation Kadakampally Surendran said. The announcement on the schedule for payment comes more than a week after the pensioners called off their protest over hold up in the payments following an assurance by the state government that a mechanism would be evolved to ensure pension to them every month without fail. The state government had roped in the co-operative sector for mobilising funds for the payment of pension and arrears of the former KSRTC workers, Surendran said. He said the consortium of primary agriculture societies, formed to mobilise funds for payment of pension, had received unstinted support with a total of 194 societies agreeing to provide the funds to the
The Delhi High Court has quashed the Centre's decision to disempanel a retired army officer from being involved in transportation of coal for Coal India Ltd and its subsidiaries. The Ministry of Defence had floated schemes to provide post-retirement employment opportunities to ex-army men, including one allowing them to take up up the work of transporting coal for the PSU and its subsidiaries. Lieutenant Colonel Hawa Singh Jattayan (retired) was dis-empanelled from Ex-Serviceman (ESM) Coal Loading and Transportation Scheme on several grounds including that at the time of granting the job, he was involved in some other vocation. Justice Vibhu Bakhru held that the guidelines for getting into the scheme clearly indicated that there was no prohibition for any sponsored director to take up employment after the ESM company was formed. "There is also no term in the MoU dated April 16, 1999, which proscribes a director of an ESM company from taking up other employment. "The MoU dated April ...
Unemployment in South Korea topped 1 million in the first month of this year, with the jobless rate standing at 3.7 per cent, a government report showed on Wednesday.
As part of Skill India initiative, Ministry of Railways on Tuesday said that it is targeting to train 30 thousand apprentices in its 16 zonal units and seven production units."As part of Skill India initiative, Ministry of Railways has been contributing in a big way to provide training to Apprentices in various disciplines training in categories like Fitter, Turner, Machinist, Welder, Painter, Carpenter, Electrician, Refrigerator and AC Mechanic, Mechanic (Motor Vehicle/Diesel) etc., since long. Ministry of Railways has kept a target of training of 30 thousand Apprentices in its 16 Zonal Units and 7 Production Units," said a press statement by the India Railways.According to the press release, for the year 2017-18, about 26,000 training slots for apprenticeship training have been notified."This is in addition to over 4000 persons already undergoing training in various establishments. An Employment Notification has been issued earlier in the week for recruitment of 62,907 staff in ...
Observing that child labour continued to rob countless children across the state of their childhood, the Bombay High Court has directed the Maharashtra government to revive its supervisory committee to prevent instances of child labour in the future. A bench of justices S C Dharamadhikari and Bharati Dangre directed the state to revive this committee which was first constituted in 2007 and which eventually went defunct. The supervisory committee, headed by the state chief secretary, was tasked with preventing instances of child labour, rescuing and rehabilitating children below the age of 14 who were already employed in hazardous conditions, and implementing all constitutional provisions on child rights. The bench also directed that since the chief secretary might presumably be busy with several other duties, the additional chief secretary of the state be made the authority that is held directly accountable for the committee's day-to- day functions. "Losing one's ...
LONDON/BEIJING (Reuters) - The London Metal Exchange could remove companies from its list of approved metal suppliers if they fall short of industry standards following an outcry about cobalt mined by children in Africa, three sources said.
DUBAI (Reuters) - Emirates faces calls from its cabin crew to improve conditions and benefits as airline workers show increasing confidence in demanding more from the booming global industry.
The Railways has set a target of training 30,000 apprentices at its 16 zonal and seven production units in 2018-19, as part of the government's Skill India initiative, the national transporter said in a statement today. These apprentices would be trained in various categories like fitter, turner, machinist, welder, painter, carpenter, electrician, refrigerator and AC mechanic, mechanic (motor vehicle/diesel) and others. For the financial year 2017-18, about 26,000 training slots for apprenticeship have been notified in addition to over 4,000 people already undergoing training at various railway facilities. "The Railway recognises that skill development of the labour force is an important component of development of human resources. It is crucial for the industrial development of the country. "Skill training imparted through formal institutions alone is not sufficient to make the labour force fully skilled. This needs to be supplemented by training in the actual work ...