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Bad pay scale deterrent to attracting talent in public banks, SBI head

Lamenting that bankers are paid very poorly in India, especially at public sector banks, SBI chief Arundhati Bhattacharya today said there is an urgent need to provide better remuneration to attract...

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Why public banks should be allowed to decide salary structure on their own

Govt should take note of the flawed compensation policy in the public sector banking industry and offer the much needed autonomy to individual banks to decide their own salary structure. The post Why...

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21-year-old IIT Indore student gets Rs 1.7 cr offer from Google

A 21-year-old B Tech student of IIT Indore has bagged a job with Google at an annual salary package of Rs 1.7 crore, one of the highest packages offered by the US-based internet giant during campus...

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No proposal to reduce the retirement age from 60 to 58 years: Centre

There is no proposal to reduce the retirement age of employees from 60 to 58 years, the Centre said on Thursday. The post No proposal to reduce the retirement age from 60 to 58 years: Centre appeared...

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Investment in India needs to be encouraged in 2015: Arun Jaitley

The Finance Minister says what the government has done so far and what it wants to do in 2015. The post Investment in India needs to be encouraged in 2015: Arun Jaitley appeared first on Firstpost.

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India adds 7.2 mn to its workforce annually, says study

Around 7.2 million Indians are being added to the workforce annually since 2012-13, which will take the total size of the workforce to 485.6 million by 2016-17 The post India adds 7.2 mn to its...

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Spouses of H-1B visa holders can work in US from 26 May: Why this is a human...

Today, the US government made a significant announcement that will affect scores of Indian women (and some men). Spouses of H-1 B visas will be allowed to work in the country starting 26 May, 2015. The...

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One year of Modi’s govt saw 2% rise in hiring activity; Digital India...

Moreover, automobile, core manufacturing and engineering sectors showed an average 7 per cent increase in IT talent demand in y-o-y analysis. The post One year of Modi’s govt saw 2% rise in hiring...

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After sexual harassment scandal, Greenpeace fires man accused of rape

Facing a fresh controversy, Greenpeace India on Wednesday claimed that it has "ended" the employment of two of its employees - one allegedly involved in cases of rape of a woman employee of the...

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Microsoft hands display ads to AOL, maps to Uber | Reuters

SEATTLE Microsoft Corp ( MSFT.O ) said on Monday it will hand over its display advertising business to AOL Inc and sell some map-generating technology to ride-hailing app company Uber, as it slims...

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StanChart says has cut 4,000 staff this year | Reuters

LONDON Standard Chartered ( STAN.L ) has cut 4,000 staff since the start of the year as part of its plan to streamline operations and cut costs, and said there could be further cuts. "We are clearly...

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Air France may cut 5,000 more jobs in new restructuring – sources | Reuters

PARIS Air France will cut a further 5,000 jobs if a second phase of its cost-cutting plan goes ahead, on top of an already announced plan to cut 2,900 jobs, two union sources told Reuters on Tuesday....

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As oil industry bleeds jobs, Asia’s green energy drive offers bright spot |...

SINGAPORE Renewables are powering a rare bright spot in the energy industry, with record job hiring in solar, wind and hydro partly offsetting the biggest round of job losses in the oil and gas sector...

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Career shift: Renewable space power up job offerings as layoffs spiral in oil...

Boom in new green jobs is being led by Asia where governments in countries such as China and India are embarking on massive programmes to use more renewable energy The post Career shift: Renewable...

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October manufacturing PMI slips to near 2-year low amid shrinking new orders

Nikkei India Manufacturing PMI stood at 50.7 in October, down from 51.2 in September, reflecting a weaker improvement in business conditions across the sector The post October manufacturing PMI slips...

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High share of care work keeps Indian women out of economy – McKinsey | Reuters

NEW DELHI (Thomson Reuters Foundation) - Women in India do almost 10 times as much unpaid work as men - a much higher ratio than the global average - leaving them out of the formal workforce and...

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Create wealth and jobs: Here’s what should be CM Nitish Kumar’s game plan for...

As Nitish Kumar returns as Bihar CM, his game plan should be clear: Press on with policies that offer educational opportunities, further economic progress. The post Create wealth and jobs: Here’s what...

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Skill India needs a wider net to train one million people per week

Modi has thrown his weight behind the comprehensive National Policy for Skills Development and Entrepreneurship. But a lot of work needs to be done. The post Skill India needs a wider net to train one...

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Bihar to reserve 35 percent of government jobs for women | Reuters

PATNA, India (Thomson Reuters Foundation) - Bihar has said it will reserve 35 percent of all government jobs for women in a bid to boost women's empowerment in the impoverished region, a government...

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Siemens to cut oil and gas jobs amid wider hiring | Reuters

FRANKFURT German industrial group Siemens plans to cut about 2,500 jobs related to the oil and gas, metals and mining sectors - mostly in Germany - while pursuing a hiring drive to boost its digital...

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