40% India Inc Employees Rate Their Top Management's Skills As Poor - Survey - The Economic Times

1/29/2017 40%IndiaIncemployeesratetheirtopmanagementsskillsaspoor:SurveyTheEconomicTimes
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MARKETSTATS 27,882 174.32 8,641 38.50 28,363.00 22.00 68.03 0.05 HIN
40%IndiaIncemployeesratetheirtop
managementsskillsaspoor:Survey
ETBureau |Jan27,2017,01.25AMIST
READMOREON PublicRelation|Management|LeadershipSkills|Jobs|IndiaInc
Inasurvey'RealityCheck:HowEffectiveIsYourTopManagement?'carriedout
by Timesjobs.com, 75% respondents said the expectations of their top
managementareunrealistic,and95%saidtheyarenotsatisfiedwiththelevel
ofinteractionwithtopmanagement.Thesurveyhadresponsesfromover900
employees
0
Comments
PublicRelation|Management|LeadershipSkills|Jobs|IndiaInc
http://economictimes.indiatimes.com/jobs/40indiaincemployeesratetheirtopmanagementsskillsaspoorsurvey/articleshow/56800688.cms 1/16
READMOREON PublicRelation|Management|LeadershipSkills|Jobs|IndiaInc
Comments AddYourComments
CrisilsaysFMshouldfocusonjob Automationmaycurtailemployment Menworklonger,butwomenmoreope
1 CrisilsaysFMshouldfocusonjobcreationin
2 creationinBudget2017
managementsskillsaspoor:Survey 3 opportunities:CRangarajan 4 toworkingwhileonholiday:Study
Budget2017
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akintohowafashion Moms,takenote!Maternal HarimurthyforMiss
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NEXTSTORY
CrisilsaysFMshouldfocusonjob
creationinBudget2017
PTI |Updated:Jan27,2017,04.42PMIST
READMOREON Job|FinanceMinister|Crisil|ArunJailtley
MUMBAI: Stating that employment has not

been increasing in the last three years, rating
agencyCrisiltodaysaidcreatingjobsshouldbe
thetopfocusoftheFinanceMinisterinhisthird
budgettobepresentedonFebruary1.
"The last three years have seen a slow but

0 "Weshouldaimatreducingover steadyuptickineconomicgrowth,butitislikely
Comments
employmentinagricultureby that this hasn't been accompanied by
providingopportunitiesoutsideit,"it
commensuratejobincreaseinemploymentand
said.
that those sectors which grew faster have low
labour intensity and share in
RELATEDCOMPANIES EXPAND overalloutput,"itsaidinanote.
Crisil 11.75(0.55%)
The agency said over 1.5 million
people are entering the job
market every month and the rapid adoption of automation which reduces the
dependencyonlabourisonlyaggravatingthesituation.
"ThethrustoftheBudgetshouldbeonsectorsthatcanimmediatelypushjob
creation,"itsaid.
Itsaidpolicysupportwillneedamixofbothshorttermandlongtermfocusand
identified the road sector, which has historically helped in times of crisis, as a
potentialsectorbetargetedintheshortterm.
40%IndiaIncemployeesratetheirtop CrisilsaysFMshouldfocusonjob Automationmaycurtailemployment Menworklonger,butwomenmoreope

1 2 creationinBudget2017
However, the longterm focus
managementsskillsaspoor:Survey must be on alleviating structural3constraints to
opportunities:CRangarajan 4 toworkingwhileonholiday:Study
employment creation, it said and elaborated on longterm employment growth

strategies.
"We should aim at reducing overemployment in agriculture by providing

opportunitiesoutsideit,"itsaid.
The manufacturing sector should also be pushed by emphasising on local

manufacturingalongwithimprovingexportcompetitiveness,itsaid.
Policies should be designed to push growth in labour intensive services

sectors such as trade, medical and education services, community and social
andpersonalservices,itadded.
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CIIcallsforsmoothtaxdisputesettlementprovisioninBudget2017
YoungIndia'sbudgetexpectations:Cheapergadgets,morejobs
Budget2017:Fourtaxesthatshouldbeloweredorabolished
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READMOREON Job|FinanceMinister|Crisil|ArunJailtley
Automationmaycurtailemploymentopportunities:
CRangarajan
CarrieFisher,Debbie ChineseNewYear2017: Planningatripwithyour

Reynolds'memorialtobe 'Phoenixclaws'spiceupthe family?Youshouldconsider
heldonMarch25 menu! visitingtheseplaces
NEXTSTORY
Automationmaycurtailemployment
opportunities:CRangarajan
READMOREON JobsInIndia|EmploymentInIndia|CRangarajan|Automation
HYDERABAD:FormerReserveBankGovernor,CRangarajantodaycautioned
that automation which is part of "Digital Age" may curtail employment
opportunities to people even though it is

expectedtocreatejobsat"higher"levels.
"Though the situation in India with regard to

9 replacement of jobs by machines is not
1
Comments
managementsskillsaspoor:Survey 2 creationinBudget2017
alarming, it should be noted 3 opportunities:CRangarajan
for future 4 toworkingwhileonholiday:Study
considerations," Rangarajan said at the

CRangarajanhascautionedthat Seventh Foundation Day Lecture at the ICFAI
automationwhichispartof"Digital FoundationforHigherEducation(IFHE)here.
Age"maycurtailemployment
opportunities.
LakshmiNarayana,vicechairmanofCognizant
deliveredthekeynoteaddresstitled'DigitalWay
Forward'.
"Until recently, until the dawn of the digital age, the replacement of human
beingsbymachineswasonlyatalevelwherewhatwasroutineandrepetitive.
But the emergence of artificial intelligence, is now increasingly replacing the
humanbeingsathigherlevelsofaccuracies.
"So while the job market is open up in the highly sophisticated levels of
intellectualpower,perhapsthejobmarketisclosingdownatlevelswherethe
workisroutineandratherworkwhereartificialintelligencecantakesomeplace
ofthehumanbeings,"RangarajanwhoisalsochancellorofIFHEsaid.
He said in the early stages of the industrial revolution, the machines were
assisting the human beings. Whereas, now, increasingly the machines are
replacinghumanbeings.
"We,inIndia,maynotstillbethere.Wehavestillsomewaytogo.Butsooner
orlaterastagecanbereachednotonlyinIndia,elsewhereintheworldhowto
cope up with the increasing number of machines which replaces the work of
humanswillhavetobehandled,"heopined.
Expressing concern about the quality of higher education in India, the former
Economic Advisor to the Prime Minister said as per reports on Engineering
colleges, nearly 70 per cent of the people come out of the institutions are not
equippedwithnecessaryskills.
EarlierLakshmiNarayananinhiskeynoteaddresssaidfourkeysectorslikes
of DefenceAviationSpaces Research, Renewable Energy, Healthcare
PharmaBiotechnology, Information and Communication Technologies are
currentlydrivingtheglobalGDPgrowthduetolargeinvestmentsmadeinthese
fields.
READMOREON JobsInIndia|EmploymentInIndia|CRangarajan|Automation
Comments(9) AddYourComments
Menworklonger,butwomenmoreopentoworking
whileonholiday:Study

1 managementsskillsaspoor:Survey 2 creationinBudget2017 3 opportunities:CRangarajan 4 toworkingwhileonholiday:Study
Theroyalscoop:Historical 'Dlvr'to'Jukedeck',web
Howpornographywebsites documentsfromKing servicesthatsimplifyyour
threatenchildrenandactors GeorgeIIIgoonline task
NEXTSTORY
Menworklonger,butwomenmore
opentoworkingwhileonholiday:
Study
ByVaruniKhosla ,ETBureau |Updated:Jan24,2017,03.44PMIST
READMOREON Vacations|Timesjobs|Jobs|IndiaInc.|Employees|Careers
NEW DELHI: India Inc. bets on its male

employees to put in extra work hours more
often but when it comes to working during
vacations,femaleemployeescomeupfirst.
3 AnewTimesJobsstudyon'TheGenderDivide
Comments
@ Work" reveals many differences in work
Worklifebalanceholdsgreat stylesandpatternsbetweenthesexes.
significanceforbothmaleandfemale
employeesasalmost70%maleand
Puttingintheextrahours
60%femaleemployeesclearlystate
theywillnottradeagoodworklife
balanceforabetterpaypackage. Nearly 40% of both male and female
employees put in around 1012 hours in a
regulardayatwork,however70%maleemployeesalsodoovertimeatworkas
comparedto40%femaleemployees.Ofthe70%maleemployeeswhoputin
extra time at work 50% do it every day, 30% do it on alternate days and just
20%doittwiceaweek.
Ofthe40%femaleemployeeswhodoovertime55%saidtheydoittwicea
week,35%doitonalternatedaysand10%doiteveryday.
While there has been a significant shift in evaluating performance based on

productivity, this TimesJobs study confirms that perceived gender differences
stillexist.However,thisismoreofamindsetissue,thananactualdifferencein
jobperformance.Evenifwomendonotspendasmanyhoursintheworkplace,
theirproductivityandoutputisequal,ifnotgreaterinsomecases,thanthatof
men today. This is increasingly being recognized in India Inc." says Nilanjan
Roy,HeadofStrategy,TimesBusinessSolutions.
Thoughmoremaleemployeesputinextrahoursatworkmorefrequently,the
levelofdispleasureindoingovertimeisalmostequalforbothgenders.About
60%maleand70%femaleemployeesarenothappyputtinginextrahoursat
work.
OutofOfficebutStill@Work
Interestingly, female employees are more open to the idea of working during
holidaysandvacationswith55%femaleemployeessayingtheyhavenoissues
doing office work while holidaying as opposed to just 30% male employees
agreeingtodoso.
WorkLifeBalance
Worklifebalanceholdsgreatsignificanceforbothmaleandfemaleemployees
asalmost70%maleand60%femaleemployeesclearlystatetheywillnottrade
agoodworklifebalanceforabetterpaypackage.
On the question of happiness with their current balance, 65% female

employees say they are happy with their current worklife balance while only
40%maleemployeessaytheyarehappywiththeircurrentworklifesituation.
TabooTopics
While openly revealing matters related to jobsearch, salaries and increments

arestillregardedastaboosatworkplace.TimesJobsrevealsthatthesematters
are often more forbidding for female employees, as 70% male employees are
happy to disclose to their colleagues if they are looking out for a job change
while70%femaleemployeesareaversetotheidea.
Also, 60% male employees would comfortably disclose their salary package
among their peers, while 70% female employees would not as they feel
embarrassedandotherswillfeeljealousorunhappymakingcomparisons.
Itappearsthatsocialfactorsandconditioningarebyandlarge,responsiblefor
the apparent gender differences at the workplace. But, at the same time, this
studyalsorevealssomeinterestingsimilaritiesandsurprisingfactswhichbreak
gender stereotypes at the workplace and bring in a different perspective
altogether.
READMOREON Vacations|Timesjobs|Jobs|IndiaInc.|Employees|Careers
Goodworkgetsdonewhengreatmindscome
together:VivekPrabhakar
SanjayLeelaBhansali DJDaveClarkerefusesto 7482percentathletes

slappedduring'Padmavati' tourUSwhile'misogynist suffermoderateorsevere
shoot:StunnedBollywood narcissistracist'Trumpisin injurywhilerunning,says
unitestocondemnattack office study
NEXTSTORY
Goodworkgetsdonewhengreat
mindscometogether:Chumbak's
VivekPrabhakar
1 2 creationinBudget2017
ETBureau |Updated:Jan20,2017,01.59PMIST
managementsskillsaspoor:Survey 3 opportunities:CRangarajan 4 toworkingwhileonholiday:Study
READMOREON VivekPrabhakar|Chumbak
Myfirst100daysatwork
My first job was as a marketing executive at
Titan.Thingsweremovingatbreakneckspeed
at the time. I had to work on the mandate of
finding a new public relations agency, put
0 together a storeopening process and begin
Comments
workonoursummercampaign.Ifoundmyself
"Therewasreallyverylittletimefor jugglingoperationsandbrands,whilejustafew
regretsorintrospectionorto months ago my biggest concern had been
specificallylookatamistakeasmy
havingenoughpocketmoneyforcollege.
biggest,"VivekPrabhakarsaid.
Myworstmistake
I was always moving so fast because there was so much to do and so many
projectstocomplete.Therewasreallyverylittletimeforregretsorintrospection
ortospecificallylookatamistakeasmybiggest.
ThebestleadershiplessonIlearnt
TheamountofresponsibilityIwasgivenatmyfirstjobwasamazing.Veryfew
questionswereaskedbutIwasalwaysfreetoaskforhelp.Thisalsoensured
that there was no concept of hierarchy as there was a belief that good work
getsdonewhengreatmindscometogetherandnotbypullingrank.Boththese
lessons have held me in good stead till this day, with some of the lessons
comingbackintotheculturewehavebuiltatChumbak.
READMOREON VivekPrabhakar|Chumbak
SPJIMRplacementsforClassof2017endswith
topsalaryofRs39.5L,averagesalaryofRs20.9L
Facebookofferssocial JohnHurtdead:Oscar
support,Twittermakesyou nominated'ElephantMan' WhoopiGoldberg:Iam
informative starwas77 fashion'sbiggestnightmare
NEXTSTORY
SPJIMRplacementsforClassof2017
endswithtopsalaryofRs39.5L,
averagesalaryofRs20.9L
BySreeradhaBasu,ETBureau |Updated:Jan19,2017,04.13PMIST
READMOREON TAS|SPJIMR|Salary|Placements|P&G|Microsoft
40%IndiaIncemployeesratetheirtop MUMBAI: The Class of 2017 at SPJIMR

CrisilsaysFMshouldfocusonjob has
Automationmaycurtailemployment Menworklonger,butwomenmoreope
completedfinalplacementswithatopsalaryof
Rs 39.5 lakh. The average salary rose to Rs
20.9lakh,upfromRs.19.3lakhlastyear.
1
Comments More than 90% of the PGDM batch received
offers of Rs 15 lakh or more, with a median
Theconsolidationphaseinthee salaryofRs20lakh.
commerceindustryledtothenumber
ofoffersmadebyecommerce
The placements season this year saw 104
remainingconsistentwithlastyear.
companiesoncampustohirethe229students
oftheClassof2017.
RELATEDCOMPANIES EXPAND
This season saw regular

HUL 13.30(1.53%)
recruiters like TAS, Deloitte,
Accenture Strategy, Mahindra
AxisBank 9.05(1.95%)
GMC, HUL, P&G, Microsoft,
PwCPRTM, Axis Bank, and JM
Financial.Thebatchalsoreceivedfiveinternationaloffers.
The campus saw participation from 51 new companies including Goldman

Sachs, Reckitt Benckiser, General Mills, ITC, Johnson & Johnson, GEP,
Miebach Consulting, Samara Capital, Investec, DBS Bank, ICICI Prudential,
MCX, Directi, HCL Infosystems, LinkedIn, SAP, DSP BlackRock, Samsung,
Amway, Heinz, Siemens, Sony Music, Pernod Ricard, Texas Instruments
amongothers.
ConsultingandFMCGfirmsyetagainledtheplacementsintermsofnumberof
offers.Theconsolidationphaseintheecommerceindustryledtothenumber
ofoffersmadebyecommerceremainingconsistentwithlastyear.
Around30%ofthebatchwasrecruitedbyFMCGfirms,a38%increaseinthe
numberofoffersfromlastyear.Topconsultingfirmsmadeoffersto27%ofthe
Classof2017,whichissameaslastyear.
More than half of the Class of 2017 received PrePlacement Offers and Pre
PlacementInterviewsthroughtheirautumninternshipsattopcorporatehouses,
someofwhichincludedAmazon,AsianPaints,AxisBank,ColgatePalmolive,
GE,HUL,Mondelez,P&G,TAS,ITCamongothers.
According to a placement report issued by the institute, 98% of the batch

baggedsalariesofRs.14lakhandmore.
READMOREON TAS|SPJIMR|Salary|Placements|P&G|Microsoft
DigitisationwillhitIndianemployeesthemost:
ManpowerGroupsurvey

1 MalalaYousafzai'spleato
2 creationinBudget2017 3 4
managementsskillsaspoor:Survey opportunities:CRangarajan toworkingwhileonholiday:Study
DonaldTrump:Don'tban
'PerryMason'actress refugeesastheyare Whengaudyisthenew
BarbaraHalediesat94 'defenseless' black
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DigitisationwillhitIndianemployees
themost:ManpowerGroupsurvey
ECONOMICTIMES.COM |Updated:Jan18,2017,03.53PMIST
READMOREON ManpowerGroup|Employees|Digitisation|Automation|ArtificialIntelligence
NEW DELHI: Increasing use of digitisation,

automation and artificial intelligence in
businesses and organisations will hit Indian
employeesthehardestintheworldintheshort
termbycuttingjobs.
A survey by ManpowerGroupThe Skills

46 ForthequestionWherewill Revolutionreleased recently at the World
Comments
digitizationincreaseordecrease Economic Forum in Davos asked 18,000
headcount?Indiahadthemost
employers in 43 countries across six industry
employerssayingdigitizationwould
decreaseheadcounts,withBulgaria,
sectors how they expected technology to
SlovakiaandSloveniaclosebehind. impacttheirbusinessinthenexttwoyears.
Related For the questionWhere will digitization

Thecomingskillingrevolution: increase or decrease headcount?India had
Survivalskillsfortheworkingclass the most employers saying digitization would
Poll
Doyouthinkthefearthatautomationwilltakeawayjobsis
overblown?
Yes
No
Can'tsay
VOTE
decreaseheadcounts,withBulgaria,SlovakiaandSloveniaclosebehind.Over
aquarterofemployersinIndiaexpecttoreduceheadcountduetodigitisation.
However, most employers across the world expect automation and the
adjustment to digitization would bring a net gain for employment. Italy,
GuatemalaandPeruhadthemostemployerssayingdigitizationwouldincrease
headcounts.
"People working in IT and customerfacing roles should feel optimistic: those

employersanticipategreatestincreasesinheadcount,"thesurveysays.
Quite predictably, data analysts will be the most in demand. "Rapid growth in
demandisalsoexpectedacrossalmostallindustriesandgeographiesfordata
analysts required to make sense of big data, and for specialized sales
representativestocommercializedigitizedofferings,"thesurveysays.
ThehumanresourcessectorfollowsITtoseeemployeegainfromdigitisation.
Financeandaccountingislikelytoseeleastincreaseinheadcountfollowedby
productandmanagementsector.
Interestingly,thesurveyhasfound65percentofthejobsGenZwouldperform
donotyetexist,indicatingtherapidpaceatwhichskillsareevolving.
The survey finds that in the short term digitisation would require skill
enhancement and adoption of new skills but it won't hit the jobs too much
globally."Intheshortterm,thefutureofworkisbright.Mostemployersexpect
automation and the adjustment to digitization will bring a net gain for
employment. Eightythree per cent intend to maintain or increase their
headcount and upskill their people in the next two years. Only 12 per cent of
employers plan to decrease headcount as a result of automation," the survey
says.
READMOREON ManpowerGroup|Employees|Digitisation|Automation|ArtificialIntelligence
Thekeysurvivalskillsfortheworkingclass
SanjayLeelaBhansali RanveerDeepika's
assaulted,'Padmavati' WhydoestheNewYear 'Padmavati'landsintrouble,
shootingstalledby fitnessresolutionstart protestersstallshootingin
protestors dwindlingbyFebruary? Jaipur
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Thecomingskillingrevolution:
Survivalskillsfortheworkingclass
ETBureau |Updated:Jan18,2017,01.49PMIST
READMOREON VR|TheSkillsRevolution|Skilling|ManpowerGroup|IoT|Digitisation|AI
AsAI,IoTandVRbecomethetalkofthetown,
thenextrevolutionthatwillhittheworkingclass
is the Skills Revolution. ManpowerGroup , in
itsreportTheSkillsRevolution,triestodecode
the future of work with fresh insights on the
near term. The report shows education
initiatives to strengthen the talent pipeline may
2 ThefutureisbrightforIT,HRand notbeenough.Nowisthetimeforleadersand
Comments customerfacingpositions. followerstotakenoteandreskill.
Related 90%Employersexpecttheirorganisationtobe
DigitisationwillhitIndian impactedbydigitisationinthenexttwoyears
employeesthemost: CrisilsaysFMshouldfocusonjob Automationmaycurtailemployment Menworklonger,butwomenmoreope
ManpowerGroupsurvey
Up to45% of tasks people are paid to do each
daycouldbeautomatedwithcurrenttechnology
83%Employerswhointendtomaintainorincreasetheirheadcountandupskill
theirpeopleinthenexttwoyears
12%Employerswhoplantodecreaseheadcountasaresultofautomation
WhereWillDigitisationIncreaseorDecreaseHeadcount?
ThefutureisbrightforIT,HRandcustomerfacingpositions
FutureProofing:HumansAugmentingRobots

SkillsCyclesareShorterthanEver
READMOREON VR|TheSkillsRevolution|Skilling|ManpowerGroup|IoT|Digitisation|AI
Forgetjoblosses!Midsizedfinfirmsonhiring
spreenow!
Gmailuserscan'tsend Radiationtherapytwicea
Javascriptfilesfrom daymayimprovesurvival Facebookintroduces
February13 ratesamongcancer 'securitykey'toprotectdata
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Forgetjoblosses!Midsizedfinancial
firmsonhiringspreenow!
BySaikatDas,IndulalPM,ETBureau |Updated:Jan21,2017,03.43PMIST
READMOREON Vacancies|Jobs|JMFinancial|Hiring|BandhanNextgenBankers
MUMBAI:Itmaybeaseasonofjoblossesand
eroding businesses for many in these post
demonetisation days but small and midsized
financial services firms are on a hiring spree,
pooling in precious human resource talent
during these difficult times. They say this
reverse trend is part of their talent investment
22
Comments
Newgenerationprivatesectorlender forthefuture.
YesBankisrecruitingabout500
peopleeverymonthwhileKolkata Lenders, including Bandhan Bank, Lakshmi
basedBandhanBankhashired4,000
Vilas Bank, Yes Bank, JM Financial and
employeesinthecurrentfinancialyear
andthepayrollisstillontherise. IndoStararehiringscoresofexecutivesacross
1 managementsskillsaspoor:Survey 2 3 opportunities:CRangarajan
the board in a reversal of the current
creationinBudget2017 trend as 4 toworkingwhileonholiday:Study
they aim to expand businesses.

RELATEDCOMPANIES EXPAND
They have been tapping talents
JMFinancial 0.40(0.55%) in branch banking, retail, digital
andcreditverticals.
NewgenerationprivatesectorlenderYesBankisrecruitingabout500people
everymonthwhileKolkatabasedBandhanBankhashired4,000employeesin
the current financial year and the payroll is still on the rise. Yes Bank did not
replytoETsqueriesasitisinthesilentperiodaheadofitsDecemberquarter
earnings.
Demonetisation impact is temporary, said Chandra Shekhar Ghosh, CEO of

BandhanBank.Going forward, business opportunities will be huge. Wehave
beenopeningbrancheseveryweekacrossallIndianstates.Weneedtorecruit
tokeeppacewiththisexpansion.
Wehopetorecruitsomewherearoundthat(4,000employees)inFY1718,he
said.
ThebankhaslaunchedtheBandhanNextgenBankersProgrammewhichaims
at nurturing young graduates with sectorspecific knowledge and the required
skillsets.
Banks are mostly hiring in smaller cities and towns as bankers see a higher
potential in expanding their branches there. According to placement agents,
smaller financial services firms are expanding in nonmetro and rural
strongholds,totapmorebusiness.
Demonetisationhasnotaffectedsmallbanks(unlikelargebanks)astheyare
instartupmode,saidKunalSen,seniorvicepresident,TeamLeaseServices.
Small and midsized banks are recruiting mostly from tier2 and tier3 cities,
which is their catchment area. Small banks have completed their leadership
hiringandarenowhiringforfeetonstreet(sales)andbranchbankingroles.
Average remuneration for staff in feetonstreet role is Rs 10,00015,000 per

month while those taking up branch banking roles would earn around Rs
20,00040,000permonth.
LakshmiVilasBank(LVB)planstohire500peoplein2017.Whilearound300
400peoplewillbehiredattheentrylevel,theremainingwillbeforvariousother
levels.
We see business optimism coming back next financial year. We are

accordingly preparing ourselves, said NS Venkatesh, executive director of
LakshmiVilasBank.Asthedemonetisationdrivefuelschancesofacashless
economy, we are in the process of hiring people with expertise in digital
technology.Thebankisundergoingatransformation.Hence,weplantohire
morespecialists,hesaid.
IndoStar,anonbankingfinancecompany,jointlyownedbyGoldmanSachsInc
and Everstone Capital, plans to double its headcount in FY18 as it wants to
buildnewbusinessplatforms.
We will be strengthening our LAP (loan against property) business by

1 launching new branches2as
managementsskillsaspoor:Survey well as increasing our
creationinBudget2017 3 sales
frontline team.
opportunities:CRangarajan 4 toworkingwhileonholiday:Study
Businessloansandourhomefinancebusinessaremovingintolaunchmode,
wearelookingattalentacquisitionatleadershiplevelstobeginwith,saidAditi
Nair,vicepresident,humancapitalmanagementatIndoStar.
Thecompanyintendstostrengthenitsgeographicalfootprintwithbranchesin
six more cities including Chennai, Hyderabad, Ahmedabad, Surat, Indore and
Jaipur.
InvestmentbankJMFinancialtooisexpandingitshumancapital,eyeingfuture
dealsandexpandingitslendingbusiness.
Weareinaphaseofplannedandsteadygrowthandmostofourhiringisdone
to support business augmentation, both existing and new, said Anil Salvi
Grouphead,humanresource&administrationatJMFinancial.
READMOREON Vacancies|Jobs|JMFinancial|Hiring|BandhanNextgenBankers
'EmployersinIndialikelytotrimheadcounton
automation'
Parents,takenote!Byage Intothefuture!Driverless
6,girlslesslikelytobelieve carsneednewregulations
theyare'brilliant' toensuresafety
NEXTSTORY
'EmployersinIndialikelytotrimhead
countonautomation'
READMOREON WorldEconomicForum|Jobs|India|Automation
DAVOS: More than a quarter of employers in

Indiaareexpectedtoreducetheirheadcounton
account of automation, which is expected to
impactmajorityofcompaniesworldwide,saysa
report.
In a report released today, leading HR

0 consultancy ManpowerGroup said new
Comments
Thefindingsofthereporttitled'The technologies would require increasingly

SkillsRevolution'arebasedona specialistskillsforpeopleandorganisations.
surveyof18,000employersacrossall
sectorsin43countries,published
"OveraquarterofemployersinIndiaexpectto
todayattheWorldEconomicForum
(WEF).
reduceheadcount,"thereportsaid,addingthat
1 managementsskillsaspoor:Survey 2 creationinBudget2017 3 opportunities:CRangarajan
Bulgaria, Slovakia and Slovenia are close 4 toworkingwhileonholiday:Study
behind.
Thefindingsofthereporttitled'TheSkillsRevolution'arebasedonasurveyof
18,000 employers across all sectors in 43 countries, published today at the
WorldEconomicForum(WEF).
"Morethan90percentofemployersexpecttheirorganisationtobeimpacted
bydigitisationinthenexttwoyears,"itsaid.
On the other hand, employers in Italy, Guatemala and Peru are the most
optimisticabouttheimpactofautomationonjobs.
"Wecannotslowtherateoftechnologicaladvance,butemployerscaninvestin
their employees' skills so people and organisations can remain relevant," the
reportadded.
Itnotedthattechnologywouldreplacebothcognitiveandmanualroutinetasks
sopeoplecantakeonnonroutinetasksandmorefulfillingroles.
"Creativity,emotional intelligence and cognitive flexibility are skills thatwilltap

human potential and allow people to augment robots, rather than be replaced
bythem,"itsaid.
Forpeople,employabilitytheabilitytogainandmaintainadesiredjobno
longerdependsonwhatyoualreadyknow,butonwhatyouarelikelytolearn.
"InthisSkillsRevolution,learnabilitythedesireandabilitytolearnnewskills
to stay relevant and remain employable will be the great equaliser," said
JonasPrising,ManpowerGroupChairman&CEO.
"It'stimetotakeimmediateactiontoupskillandreskillemployeestoaddress
thegapsbetweentheHavesandtheHaveNotsthosethathavetherightskills
andthosethatareatriskofbeingleftbehind,"Prisingsaidfurther.
Globally,thereportsaidintheshortterm,thefutureofworkisbrightasmost
employersexpectautomationandtheadjustmenttodigitisationwillbringanet
gainforemployment.
"Eightythree per cent intend to maintain or increase their head count and up
skilltheirpeoplein the next two years. Only 12 per cent of employersplanto
decreaseheadcountasaresultofautomation,"thereportsaid.
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40% India Inc Employees Rate Their Top Management's Skills As Poor - Survey - The Economic Times

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1/29/2017 40%IndiaIncemployeesratetheirtopmanagementsskillsaspoor:SurveyTheEconomicTimes

SECTIONS ETAPPS ENGLISH FOLLOWUS SIGNIN

ETHome Jobs SearchforNews,StockQuotes&NAV's

BuyLeEcoLe232GBon Simplewaytobondwith Checkfairmarketvalueof

MUMBAI: Stating that employment has not

"The last three years have seen a slow but

40%IndiaIncemployeesratetheirtop CrisilsaysFMshouldfocusonjob Automationmaycurtailemployment Menworklonger,butwomenmoreope

employment creation, it said and elaborated on longterm employment growth

"We should aim at reducing overemployment in agriculture by providing

The manufacturing sector should also be pushed by emphasising on local

Policies should be designed to push growth in labour intensive services

CarrieFisher,Debbie ChineseNewYear2017: Planningatripwithyour

opportunities to people even though it is

"Though the situation in India with regard to

considerations," Rangarajan said at the

40%IndiaIncemployeesratetheirtop CrisilsaysFMshouldfocusonjob Automationmaycurtailemployment Menworklonger,butwomenmoreope

NEW DELHI: India Inc. bets on its male

While there has been a significant shift in evaluating performance based on

On the question of happiness with their current balance, 65% female

While openly revealing matters related to jobsearch, salaries and increments

SanjayLeelaBhansali DJDaveClarkerefusesto 7482percentathletes

40%IndiaIncemployeesratetheirtop MUMBAI: The Class of 2017 at SPJIMR

This season saw regular

The campus saw participation from 51 new companies including Goldman

According to a placement report issued by the institute, 98% of the batch

40%IndiaIncemployeesratetheirtop CrisilsaysFMshouldfocusonjob Automationmaycurtailemployment Menworklonger,butwomenmoreope

NEW DELHI: Increasing use of digitisation,

A survey by ManpowerGroupThe Skills

Related For the questionWhere will digitization

"People working in IT and customerfacing roles should feel optimistic: those

40%IndiaIncemployeesratetheirtop CrisilsaysFMshouldfocusonjob Automationmaycurtailemployment Menworklonger,butwomenmoreope

they aim to expand businesses.

Demonetisation impact is temporary, said Chandra Shekhar Ghosh, CEO of

Average remuneration for staff in feetonstreet role is Rs 10,00015,000 per

We see business optimism coming back next financial year. We are

We will be strengthening our LAP (loan against property) business by

DAVOS: More than a quarter of employers in

In a report released today, leading HR

Thefindingsofthereporttitled'The technologies would require increasingly

"Creativity,emotional intelligence and cognitive flexibility are skills thatwilltap

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