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 [...]
Posts Tagged ‘economic recession’
150000 Indian workers lost jobs UAE
The official figure of job loss for Indian workers in United Arab Emirates (UAE) is 150000 due to economic crisis and recession. This is reveled by Overseas Indian affairs minister Vayalar Ravi in Loksabha. Most of the workers have returned to India on leave without pay with the expectation that they would be able to [...]
Azim Premzi – Wipro Chief takes Pay cut – Indian CEOs listening?
Azim Premzi – Wipro Chief takes Pay cut . This is definitely a call for other Indian CEOs to take similar cuts rather than laying odd employees in these uncertain time
Don’t Cry Recession – Do not make recession an excuse for your inaction
“Recession” is the reason for everything that is happening to me! Are you among those who think like this? If you think like this then you need to rethink about your thinking. It has become fashionable to blame recession for everything that is going wrong. I lost my job because of recession. I have to [...]
Where is recession? – Indian companies increasing salaries at highest rate in Asia – Hewitt survey
As per a survey of 480 Indian companies over December 2008 and January 2009 conducted by HR consultancy firm Hewitt – despite the economic slowdown, a majority of Indian companies are still hiring employees. Here are some interesting revelations of this survey Average salary hike in India in 2009 will be 8.2% (the highest in [...]
How to keep your job during an economic recession
While we are seeing the worst recession of recent times with slow economic growth. A slower growth means some companies my consider downsizing. The recession in USA is closely linked to recession in other economies as the links now are very tight. Considering the global nature of problem – we may see job cuts not [...]
Early warning indicators for approaching layoffs
Indian workers has got the taste of globalization yesterday from none other than its home grown leading private airline Jet airways. Jet Airways have laid off more than 900 of its employees in one single day and have plans to make this figure above 1800 within next two days. Till now in India the layoff [...]
How to keep your job during financial crisis?
Employees can gain a leading edge in an uncertain job market by following some guidelines. Considering the recent economic crisis the time has come for employees to develop their job hunting skills and review their career plans. The crisis in the market and credit crunch will eventually hit the job market. As more number of [...]
