Mature organizations with robust processes and practices have established compensation norms, for various bands, hierarchy levels, and functions. These compensation levels are derived based on Job Analysis, Job Evaluation supported by Compensation Benchmarking exercises. Some company may also arrive at these norms based on their industry benchmarks and their business projections. Normally mature organization’s try […]
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GMRs foray in renewable energy
GMR Energy Limited (GEL) a subsidiary of GMR Infrastructure Limited, has commissioned its first 25 MW Solar Power Plant at Patan district in Gujarat at a cost of Rs 300 crore. This plant also marks GMR Group’s foray into the Renewable Energy space. The 25 MW grid interactive Solar Power Project was executed through GMR […]
Bihar is going to see increasing opportunities in brewery sector with Indian and foreign firms adding new production facility in the state over next few years. The state is possibly emerging as an attractive destination due to availability of cheap labour and raw materials and investment friendly government policies. Over the last few years the […]
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Green Energy sector .. hot and happening ..
Green energy sector, renewable energy sector has been gaining momentum for last few years, and may be seeing more action going forward. Action, would imply creation of additional capacities, new infrastructure, more investments and more career opportunities. Green energy sector or/and renewable energy sector may be divided into following lines of business: Solar Energy Wind […]
Denso , a Japan based auto component maker is planning to add a new manufacturing facility in Manesar, Gurgaon to augment its production capabilities. The company is planning to invest around Rs. 300 Crore on the new project. They have already procured land for the project, and the production may commence by end of 2013. […]
How do you evaluate the call from a search firm or a recruitment consultant? Most of the time we have seen people asking these questions in their first conversation, when approached by a search consultant. Name of the company? What’s the designation? What’s the compensation being offered? Smarter ones typically also do a check on: […]
I have been often asked by my friends to help and guide them enhance and build their resumes. I must say that , it is a challenging task, it’s a creative task, and it’s a time consuming task. But I must also say that most people who have approached me for the same are professionals […]
One the behest of some hiring managers and search professionals in our network, we started looking out for applications, software’s and tools which could help a hiring manager, a recruitment company or any professional engaged with the hiring process. We came across some products and are providing their brief for the benefit of our readers. […]
“I am looking out for a change & I am not concerned with my appraisal ratings”. A typical sign of over confidence and arrogance for some. In the last quarter of the financial year, some of us start having thoughts regarding our proposed shift in jobs, once the appraisal year is over. Most of the […]
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Job search through Linkedin ..
Linkedin , has started offering a ” Job Seeker Premium” account for professionals looking for a job change. This adds to the other revenue stream of Linkedin, which already has a series of paid services for members to enable networking for business as well as to enable recruiters and hiring managers link up with prospective […]
Would you pay to be interviewed for a position in a company ? An interesting business model is being championed by Round One Network Pvt Ltd. to connect candidates to companies for their job openings. The company has been promoted by an INSEAD graduate, and has been existence for some time now. As per reports […]
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Toy industry in India
Indian toy market, with better support from government the domestic players and industry may be able to develop better with more opportunities of growth. They may also be able to attract quality skilled manpower in production, marketing, product development etc., and on the overall create additional job opportunities. Currently at about 7500 Crore, and growing […]
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100 % FDI in single brand retail ..
Some clearly evident outcomes of this move: Increased investments in single brand retail, from leading global brands. More employment opportunities in retail sector across levels. Best practices in retail, processes etc. that would be brought in by the international brands. Growth of Indian SMEs as suppliers, considering the 30 % sourcing norm for wholly owned […]
India evolved as a preferred destination and a strong hub for IT / ITES industries considering the easy and affordable availability of educated English speaking talent pool & skilled manpower. Over a period of time cost of manpower, cost of doing business, rising infrastructure costs and availability of skilled manpower has emerged as pain areas […]
India, has since long been facing shortage of quality budget accommodation as well as standard luxury accommodation. Over last decade there has been lot of activity in the hospitality sector with new properties being developed, new brands getting in and international chains increasing their reach and penetration. With all this happening the quality of placements […]