Remote work started as a matter of necessity at the start of the COVID-19 pandemic. However although the pandemic has since subsided, the demand for remote work is still strong as ever. Once regarded as a temporary solution, remote employment has emerged into the new normal. According to a study conducted…
Empathy Can Be the Missing Link to Your Business – Here’s Why
Traditionally, the workplace has been considered a cesspool of competition, a space that was ruled by deadlines and bottom lines. However, in the recent decade, employers have slowly woken up to the importance of having a kinder workplace. At a time when employee attrition rates are astronomically high, the management has realized that the traditional…
6 Common Mistakes to Avoid When On boarding New Employees
As they say, first impressions are last impressions. The employee’s journey with a company begins with the employee on-boarding day. A hasty, impersonal on-boarding can create a negative bias in the new hire’s mind and may lead to higher rates of disengagement and employee turnover. Unfortunately, most organizations do not have a structured on-boarding process.…
7 Ways to Rebuild Employee Morale Post a Mass-Layoff
This year, many start-ups have come under fire for mass-layoffs. Many businesses ran out of funds as banks around the world tightened their monetary policy. In a bid to please their investors and cut-costs many start-ups had to downsize and cut their workforce by half. For various reasons such as automation, cost-cutting, organizational restructuring etc. about…
Work will never be the same again. As the new generation of graduates prepares to enter the minefield known as the professional world, the management can also expect a shift in work culture, attitudes toward work-life balance, and on-the-job learning. The incoming Gen Z (born between 1996 and 2010) workforce is expected to bless…
Why L&D Can Be a Gamechanger in the time of VUCA
‘Times are a-changin’. No one knows this better than the current crop of business leaders. The tried and tested or the formulaic way of managing people and leading business is no longer effective in a world where continuous changes and disruptions are the new normal. A survey conducted by Deloitte ‘2019 Global Human Capital…
TCS launches recruit development program for young professionals
TCS has recently launched a free 15-day program to boost the employability skills of youth. Named ‘TCS Ion Career Edge’ this program will train youth on basic communication skills, and foundational knowledge on Accounting, IT, and Artificial Intelligence over 14 modules. Each module will last from 1-2 hours and consist of videos, reading material, webinars…
Reebok to lay off 150 employees ahead of its merge with Authentic Brands Group
Reebok to lay off 150 employees ahead of its acquisition with Authentic Brands Group (ABG) after a 15-year-old long association with Adidas. The acquisition is set to be completed by the 28th of February, after which the lay-offs will take effect. The layoffs are being carried out to make Reebok more suitable to the culture…
Unilever announces organizational restructure, putting nearly 2000 jobs at the risk of getting shelved
Unilever has announced a major management overhaul/restructuring across five divisions including Beauty, Personal Care, and Ice Cream. The leading FMCG has planned to let go of 5% of its workforce worldwide. This restructuring has put the jobs of more than 1500 senior employees at risk. The FMCG’s CEO Alan Jope revealed that this restructuring has…
Mumbai start-up True Elements Comes up with an ESOP worth INR 4 crore for key employees
One of the main benefits of working at a start-up is that you might end up with stock ownership! Getting to be a stockholder of your organization is always a privilege (not to mention profitable!) In recent years many famous start-ups rewarded star employees handsomely through stock options. This led to many employees like the…