German companies’ hiring sentiment has reached a four-year low, according to the Ifo Institute’s October report. With the employment barometer at 93.7 points, companies are hesitant to fill vacancies, reflecting economic pressures that are reshaping workforce strategies across sectors.
Livpure has appointed Rahul Khanna as Head of its Strategic Business Unit for Appliances. With over 17 years of experience in leading brands like Samsung and LG, Khanna will drive Livpure’s growth and innovation in the competitive appliance industry.
The upcoming changes to National Insurance Contribution (NIC) thresholds are expected to raise hiring costs for low-paid positions. This shift will disproportionately impact women, especially those over 40, who make up a significant portion of lower-wage roles, potentially exacerbating the gender pay gap and limiting job opportunities.
Japan targets 30% female representation on corporate boards by 2030 for Tokyo Stock Exchange’s Prime-listed firms. New mandates require at least one female board member by 2025, aiming to enhance diversity and innovation amid global competition.
Singapore’s WSH Council unveils mental health guidelines for workplaces, launching in early 2025. These guidelines support employers in recognizing, referring, and reintegrating employees with mental health challenges, aiming to enhance employee satisfaction, productivity, and retention.”
Volkswagen is making significant changes by closing several German plants and laying off thousands of employees due to escalating financial pressures. This restructuring is part of the company’s strategy to stabilize profits amid challenging conditions in the automotive industry, including declining sales and rising operational costs.
A UK woman received over £28,000 in compensation after an employment tribunal ruled her dismissal was linked to her pregnancy and therefore unfair. The tribunal found inconsistencies in the employer’s reasons for redundancy, highlighting concerns about workplace discrimination against expecting mothers.
UK employers face challenges as sick leave rises by 41% over three years, with stress, burnout, and declining workplace culture driving the increase. The crisis is impacting productivity, prompting experts to call for improved employee well-being initiatives and better support in the workplace.
Google’s free meal policy boosts creativity and teamwork by encouraging spontaneous conversations among employees. Sundar Pichai explains how some of Google’s best ideas have come from informal discussions in company cafés. This benefit reflects Google’s commitment to innovation, collaboration, and employee well-being.
VESCOA appoints Urmila Rajadhyaksha as Head of Landscape Architecture. With over 30 years of experience, Rajadhyaksha is a sustainability advocate and award-winning landscape architect, known for her innovative designs, including the UNESCO-awarded Front Garden of Prince of Wales Museum. She aims to inspire sustainable design thinking at VESCOA.
HR Forum Kuwait, happening on 21 November 2024, will explore HR tech innovations and workforce strategies. Supported by NBK, Gulf Bank, Al Shaya Group, and Boubyan Bank, this forum is a must-attend for HR professionals seeking insights into AI, automation, and optimizing HR practices in Kuwait’s evolving market.
Ritco Logistics appoints Surya Narayan Singh as VP of its Multimodal division. With 38 years of logistics experience, Singh will lead the company’s strategic initiatives, focusing on multimodal solutions and rail logistics, aiming to enhance Ritco’s impact on the Indian logistics industry and boost economic growth.
Capacit’e Infraprojects Ltd. appoints Mr. RK Jain as CEO, bringing over 36 years of construction and real estate expertise. With a career spanning top firms like Adani Realty and L&T, Mr. Jain’s leadership will strengthen Capacit’e’s position in the infrastructure sector, focusing on high-quality, large-scale developments.
XLRI’s Metamorphose 2024 explored HR’s future, focusing on contemporary leadership, agility, and AI’s impact on HR practices. The event featured expert insights from McKinsey & Co. on navigating organizational agility, resilient leadership, and AI-driven transformation, gathering HR leaders and professionals for impactful discussions in Jaipur, India.
Pang Dong Lai offers employees up to 10 days of “unhappy leave” annually, allowing time off for emotional well-being. This innovative policy aims to reshape workplace culture by promoting mental health, setting a new benchmark for employee care in China’s retail industry.
Germany’s six-month trial of a four-day workweek has concluded, yielding mixed results across participating companies. The initiative sought to enhance productivity while improving employee well-being and work-life balance. As organizations reflect on the outcomes, key insights will guide future workplace strategies and policies.
EY has announced significant workforce reductions for the first time in 14 years, impacting approximately 1,300 employees worldwide due to declining demand for consulting services amidst challenging market conditions and economic uncertainties.
AWS CEO Matt Garman has urged employees to accept the upcoming five-day in-office work policy starting January 2024, or alternatively, consider leaving the company, citing the need for better collaboration, productivity, and innovation within teams.
Nearly half of UK recruiters view candidates aged 57 and above as too old for hiring, reflecting persistent age bias in recruitment practices. This trend raises concerns about inclusivity in the workplace, as many experienced professionals face unnecessary barriers when seeking new employment opportunities.
Meta recently dismissed approximately 30 employees due to the misuse of $25 meal vouchers, a move that highlights the company’s commitment to enforcing cost-control measures during an ongoing period of restructuring and workforce reductions.
Vantage Circle’s “Flipping the R’s” concept, showcased at SHRM India’s 13th Annual Conference, emphasizes the importance of recognition over rewards in building strong workplace cultures. By integrating strategic recognition into core values, companies can drive employee engagement, boost motivation, and achieve sustained organisational success.
College Vidya recently conducted a Gender Sensitivity Workshop led by Mrs. Kavita Rawat, focusing on inclusivity, gender equality, and workplace safety. This initiative is part of College Vidya’s ongoing efforts to promote a safer, more inclusive workplace with policies like Gender-Neutral Hiring and an Internal Complaints Committee.
Vinesh Menon, former CEO of AMPERSAND Group, joins ARISE as its Director General & CEO. ARISE, an autonomous body founded in 2016 under FICCI, aims to revolutionize India’s school education by fostering innovation, policy advocacy, and partnerships, positioning India as a global leader in education.
Singapore’s new skills-first hiring initiative aims to address labor shortages by focusing on transferable skills, internal mobility, and inclusive job redesign. This initiative is backed by the Alliance for Action and the Career Health SG framework enables companies to attract talent, enhance retention, through collaborative efforts with SMEs and industry leaders.
A manager’s email rant went viral after three employees resigned on the same day, leading to discussions about work-life balance, leadership stress, and company culture. The incident highlights deeper issues around employee retention and workplace dynamics.
MediBuddy has appointed Nijil George as Senior Vice President and Head of Operations. With over 21 years of experience in operational leadership at companies like Amazon and Marico, George will drive MediBuddy’s scalable healthcare solutions, focusing on expanding networks, enhancing customer experience, and optimizing costs to transform healthcare in India.
SBM Bank India strengthens its leadership with the appointment of Prakash Jaiswal as Head of Corporate Banking and Nikhil Rajadhyaksha as Head of Retail Banking. Both leaders bring decades of expertise to drive the Bank’s strategic growth, enhance customer satisfaction, and expand services for corporate and retail clients.
The National Skill Development Corporation (NSDC) and SHRM India launched the HR Leadership Council Connect to address India’s evolving skilling needs. This collaboration focuses on reskilling, upskilling, and bridging skill gaps in emerging sectors like AI and green jobs, aligning with India’s future workforce demands.
TAC Security, a leader in cybersecurity solutions, announces Hector Balderas, former New Mexico Attorney General, as an Additional Director of its U.S. subsidiary. With extensive experience in public safety and cybersecurity, Balderas enhances TAC Security’s governance, aligning with the company’s mission to advance cybersecurity innovation and consumer protection.
The SIAM Automotive HR Conclave 2024 addressed the evolving HR strategies essential for the disruptive automotive industry. Key reports, panel discussions, and insights from industry leaders emphasized innovation, diversity, and upskilling to drive growth and align with India’s Viksit Bharat vision by 2047.
New Relic has appointed Larissa Crandall as Channel Chief and Group Vice President of Partners and Alliances. With a stellar track record in partner program leadership, Crandall aims to expand New Relic’s global partner ecosystem, driving innovation and accelerating growth in the observability space.
Pizza Hut’s ResZAmes campaign is a creative initiative that supports job seekers by printing their resumes on pizza boxes and delivering them directly to prospective employers across New York City. This unique approach leverages the excitement of receiving a pizza delivery to grab the attention of hiring managers during the competitive hiring season.
Wipro has introduced a new policy requiring employees to work from the office at least three days a week, starting from September 2024. This policy is aimed at increasing in-office presence after years of remote and hybrid work practices.
The Ontario Human Rights Tribunal recently ruled on the legal boundaries of employee self-expression in the workplace, addressing whether wearing a rainbow sticker breaches dress code policies. Learn the implications for HR professionals and employers.
A recent U.S. study reveals that job supervisors with disabilities not only contribute to improving workplace productivity but also foster an inclusive environment. Their unique leadership styles help bridge communication gaps, offering valuable insights into the importance of empathy and diversity in management.
A recent survey in Japan reveals that almost one-third of job changers are contemplating a return to their former employers. This trend is largely driven by personal shifts after leaving their previous roles, as well as a newfound appreciation for the work environment they left behind.
CrowdStrike has appointed Kartik Shahani as vice president for India and SAARC to accelerate growth in the region. Shahani, a cybersecurity veteran, will lead CrowdStrike’s regional strategy, driving customer adoption of the CrowdStrike Falcon® platform. His leadership aims to expand the company’s footprint across India and SAARC.
CARS24 has introduced a groundbreaking “Flow Time-Out Leave” policy aimed at supporting the health and well-being of women and transgender employees during their menstruation cycle. This progressive initiative allows eligible employees to take a paid day off, without prior approval, when experiencing period-related discomfort.
Molson Coors has announced its decision to withdraw from the Human Rights Campaign’s corporate rankings, joining industry leaders such as Ford and Lowe’s in reassessing their diversity, equity, and inclusion strategies.
Amazon has announced the 2024 Pratidhi Scholarship for the children of its driver associates, offering financial support to 1200 students. The scholarship provides INR 6,000 for general applicants and INR 10,000 for students with disabilities, with applications open until September 15.
STEER World has appointed Dhiraj Tiwari as Chief Financial Officer. With over 20yrs of experience, Tiwari brings expertise in corporate finance, strategic planning, and business transformations. His appointment is expected to drive STEER World’s growth, having worked with companies like Biocon Biologics, Nestle, and Disney Star.
In August 2024, over 27,000 employees in the tech industry were laid off, with major firms like Intel, Cisco, and IBM leading the cuts. Intel slashed 15,000 jobs, Cisco reduced its workforce by 6,000, and IBM let go of 1,000 employees. These layoffs bring the total for 2024 to over 136,000 across 422 companies.
Entertainment Network India Limited (ENIL) has appointed Sumit Aggarwal as Chief Strategy and Growth Officer. Sumit will lead ENIL’s strategic vision across radio, digital, and events, driving innovation and growth to strengthen the company’s position in India’s evolving media landscape.
AJAX Engineering appoints Gautam Eunny as Chief Marketing Officer. With 25yrs of expertise in Business Development, Strategy, Operations, and Marketing, Gautam brings a wealth of experience from leading companies like Pidilite, Lafarge India, and L&T. His leadership will drive AJAX’s growth and market presence, solidifying its position as a global leader in concreting equipment.
Vantage Circle’s Vantage Swags is a leading corporate gifting service trusted by Fortune 500 companies. Offering customizable and budget-friendly solutions, it enhances employee engagement through thoughtful gifts like onboarding kits and branded swag. With global reach and exceptional support, Vantage Swags is the top choice for companies aiming to boost employee satisfaction.
MediBuddy partners with Bank of Baroda to deliver exclusive healthcare benefits to employees. The initiative offers comprehensive health checkups via a cashless system, enhancing operational efficiency and financial transparency. This collaboration highlights Bank of Baroda’s commitment to employee wellness, promoting preventive healthcare and productivity.
Mphasis appoints Aravind Viswanathan as CFO following Manish Dugar’s resignation. With extensive experience in financial leadership roles at Tanla Platforms and Wipro Limited, Aravind brings a wealth of expertise to Mphasis. Nitin Rakesh, CEO, welcomes Aravind to the team and expresses gratitude for Manish’s contributions during his tenure.
Tenable® has appointed Shai Morag, a cloud security expert, as Chief Product Officer. Joining Tenable in 2023 via Ermetic’s acquisition, Morag aims to boost growth by advancing Tenable’s cloud-first security products. With 25yrs of experience, including roles at Secdo and Integrity-Project, Morag will drive Tenable’s innovation in exposure management and cloud security.
MyJobee launches a digital video campaign (DVC) to honor blue-collar workers, emphasizing their crucial role in society. The campaign urges a shift in perspective to recognize the value of jobs like maids, delivery personnel, and construction workers. It calls for respect and appreciation for these essential roles that make daily life smoother.
Assotech Group appoints Enakshi Priyam as Chief Operating Officer, effective July 2024. With a strong background in finance and operational leadership, Enakshi is set to drive strategic growth and innovation in the real estate sector, building on her successful tenure at Assotech.
Zendesk announces Lila Tretikov’s appointment to its Board of Directors, enhancing its AI-driven customer experience solutions. Tretikov, a renowned AI strategist with global board experience, joins at a pivotal moment as Zendesk continues to lead in AI-powered CX technology.
Amazing Workplaces® is proud to announce that 63 organizations have been certified in Season 2, bringing the total to 104 certified companies. With the upcoming launch of Season 3, we aim to help more companies achieve workplace excellence and enhance their employer brand.
Coromandel International Ltd appoints Mr. S Sankarasubramanian as Managing Director and CEO, effective August 7, 2024. With a strong background in finance and business leadership, Mr. Sankarasubramanian has significantly contributed to the company’s growth, diversification, and innovation in agriculture, including nano technology and drone services.
Saatvik Solar appoints Abani Kant Jha as CFO, leveraging his 25+ years of diverse industry experience to enhance financial leadership and accelerate the company’s ambitious growth in the solar energy sector.
Hero Vired, a leading learntech platform from the Hero Group, appoints Prakhar Kasar as CEO. With over 16 years of experience in FMCG and E-commerce, Prakhar aims to enhance B2C offerings and expand into B2B and B2I markets.
XLRI Delhi-NCR’s CHRO Summit, “Corporate Confluence 2024,” focused on AI’s transformative impact on HR. With over 100 attendees, the event featured keynote speeches and panel discussions on AI in recruitment, performance management, and strategic HR planning. The summit underscored the importance of AI in shaping the future of HR practices.
Skillyst by foundit is an AI-powered platform that cuts hiring time by 50% and ensures a 95% completion rate. It offers customizable, gamified cognition tests to provide smart insights into candidates’ skills, enhancing recruitment efficiency.
Paras Health appoints Mrs. Usha Rajeev, former PwC partner, as an Independent Director. With 29 years of experience in governance, audit, and risk management, Mrs. Rajeev will enhance Paras Health’s strategic initiatives and contribute to long-term growth.
Dreame Technology appoints Manu Sharma as MD to lead its India operations. With over 25yrs of experience in consumer electronics, Manu will focus on strategic initiatives, product strategy, marketing, and sales to drive Dreame’s growth in India. Previously, Manu held leadership roles at Nothing India, Samsung India, and Hewlett-Packard.
Delhivery has launched its fourth 100% women-led logistics hub in Mayapuri, New Delhi. This initiative, part of a broader effort to enhance female representation, follows similar hubs in Punjab, Rajasthan, and Madhya Pradesh. The company continues to promote diversity and empower women across various operational roles.
MediBuddy and CII’s new report reveals a growing importance of employee wellness programs in job seekers’ decisions. Only 24% are satisfied with current offerings, while 90% link wellness initiatives to increased loyalty, highlighting the need for personalized, comprehensive wellness solutions.
PwC India has re-elected Sanjeev Krishan as Chairperson for a 2nd term, starting April 1, 2025. Krishan, who has been with PwC since 1991, will continue to lead & innovate within the firm, emphasizing growth, diversity, and technological advancement. His re-election reflects his visionary leadership and significant contributions to PwC’s success.
The Vishwa Samudra Group, a rapidly growing Indian conglomerate, announces Ajay Agrawal as President – Investor Relations. With over 18 years of experience, he will enhance corporate governance and investor relations, working closely with various stakeholders.
Equentis – Research & Ranking has launched new emp engagement initiatives aimed at enhancing communication, addressing grievances, and reinforcing work ethics. These programs, including the Let’s Talk Series, Sampark Dil Se, and CulturRR 2.0, ensure transparency, feedback integration, and professional growth, particularly for newly onboarded talent.
Delhivery, India’s largest logistics service provider, appoints Prashant Gazipur as Senior VP, Operations. Prashant, with over a decade of e-commerce experience at companies like Amazon and Ecom Express, will enhance capacity building and operational excellence at Delhivery.
Alpex Solar Ltd appoints Gaurav Bector as Global Head of EPC to expand its global footprint. With over 30yrs of experience, Bector aims to drive the company’s growth in the overseas EPC market. Alpex Solar is also increasing its manufacturing capacity to 2.4 GW by 2026, reinforcing its commitment to sustainable energy solutions.
Ascendion appoints Daryush Laqab as Chief AI Officer to lead AI-powered initiatives. With two decades of tech leadership, he aims to enhance AI innovation and operational excellence.
Marelas has more than 25yrs. of experience in the tech industry where he has led transformative programs and teams at companies including Dell & EMC and solved complex technical and business challenges. Marelas holds multiple qualifications and patents in data science, deep learning, data engineering, data management, cloud engineering and security.
Before his tenure at MRPL, Mr. Tongaonkar served as the Executive Director – Chief Corporate Finance at ONGC, overseeing critical financial portfolios and guiding the organization through transformative initiatives. He was also the CFO at ONGC from April2021 to December2021.
In his role as Managing Director, Mr. M Ramakrishnan (Ram) will focus on developing solutions to elevate Primus Partners’ expertise and market position in Agriculture & Climate practice. Ram comes with strong expertise & experience of working across industries and consulting.
Future Generali India Insurance targets 1% specially-abled employees by December 2024. The company’s diversity and inclusion efforts include expanding family definitions in health products to embrace the LGBTQIA+ community. MD & CEO Anup Rau highlights the importance of celebrating diverse backgrounds and skills within the organization.
In a landmark move for gender equality, Incuspaze, a managed office space provider, offers India’s working women period leave. The “INCU-Ease Day” policy allows one work-from-home day per cycle to address menstrual discomfort. This progressive policy fosters a supportive work environment and boosts employee well-being.
