Why we do not have Indian Teaching Services or ITS in the line of Indian Administrative Services (IAS) or Indian Police Services (IPS)? Yesterday I was watching Bollywood movie Aarakshan on TV (missed it in theater) and in one of the scene main protagonist played by Amitabh Bachchan has asked that question. This really made me think and yes there are many services in elite Union Public Services (UPSC) exam apart from IAS and IPS. (more…)
Industry News
Recession out – hiring In – Indian employers start hiring
According to market reports Indian employers have started hiring. Although at slower pace but they have started saying bye to recession and layoffs and are now shaking hands with new employees. Here are some prominent hiring plans of Inc India:
Retail
- Shoppers Stop: Raheja Group retailer Shoppers Stop will open 12 flagship stores in the next three years. It will also start 4-5 new Crossword book stores this year. Owing to this, Shoppers Stop will generate job opportunities for around 1,000 people in this fiscal.
- Aditya Birla – More: Aditya Birla Retail, which runs supermarket and hypermarket chains under the More brand, will launch 18 More Megastore (hypermarkets) in two years. It will hire about 200 people on front-end for each store.
- Spencer’s RPG: RPG Group that owns Spencer’s Retail is also looking to expand over the next three years and will hire new staff for the stores.
- Pantaloon Retail India, Provogue and Titan Industries will also hire new staff as they expand their number of stores.
BPO
- Teleperformance global BPO major is to Ramp Up India Headcount in a bid to make India one of its important operation centres. Teleperformance will increase its Indian headcount to 8,000 by 2010 from current strenth of 4,500 people in India. Teleperformance has also moved to Jaipur – their third location after Gurgaon and Indore.
Other sectors
- Domino’s Pizza is planning to hire up to 1,800 new employees during this fiscal to service its new restaurants.
- Volkswagen AG plans to increase headcount from 1000 to 2,500 workers in India over the next two to three years as the company boosts production at its factory in Chakan near Pune, where it expects to reach full production capacity by 2012.
Recession is out folks – start increasing your rates …
Mahindra Satyam has Reinstated the Employee Benefits
Mahindra Satyam has Reinstated the Employee Benefits according to reports. The Mahindra Satyam which went into problems after the startling revelations by earlier promoter Mr. Ramalinga Raju and was later aquired by Mahindra group in a Government conducted auction.
Mahindra Satyam is in the process of reinstating all employee benefits which include
Variable portion of staff salaries
Employee stock option plans (ESOPs)
Promotions
Slary hikes
Based on performance parameters, all associates who handle the full lifecycle of a business are being issued ESOPs as per reports. The company has also announced that it would re-introduce a staggered cash bonus for a select set of junior associates, along with some reward and recognition programmes.
Good for Mahindra Satyamites!
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