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Nirmala Sitharaman Speech Highlights: (14-May-2020)

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Finance Minister Nirmala Sitharaman announced the second tranche of Covid stimulus of Rs 20 lakh crore aimed at the migrant workers, small farmers, street vendors and affordable housing. Key Highlights: Help for farmers and migrant workers in the Post-Covid period: 3 crore marginal farmers availed loans at concessional rates. These 3 cr farmers had already […]

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Hard Skills vs. Soft Skills: Both Are Important ?

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During the job application and interview process, employers look for applicants with hard skills and soft skills. Successful candidates will make sure to put both skill sets on display. In order to do so effectively, it helps to understand the difference between these two types of skills. Hard Skills: Hard skills are teachable abilities or skill sets that

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HR Leaders May Take On To Adopt More Collaborative Approach

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The coronavirus outbreak has already caused havoc. In this time of uncertainty and rapid change, consultancy firms are weighing in to assess the impact on different market segments. In an interaction with Sonali Misra, HR Head, Bain & Company (India), explains how the American management consultancy firm has revamped its strategy for employee well-being while making way for

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Employee Engagement Ideas: Work From Home Employees

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Employee engagement goes beyond the responsiveness of emails, meeting attendance, and maintaining relationships with other colleagues; it’s a two-way relationship of emotional commitment between the organization and each employee. With this mutual commitment defined, the definition of engagement can be interpreted differently depending on the nature of the business environment. Here are some of Ideas: Provide Tools:

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Higher TDS may be deducted if you fail to select tax regime on time – Income Tax Alert For Salaried!

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To facilitate the employer to deduct tax at source (TDS) from salary, employees need to declare their tax-saving investments in the beginning of every financial year, i.e. in April. But this year, the nationwide lockdown, that has been imposed in the third week of March 2020 to contain the spread of highly contagious Novel Coronavirus

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Work from home calls for change in culture: Indian Oil’s head of HR

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Work-From-Home (WFH) is a workable mechanism. However, this needs to be simultaneously facilitated through a change in both skillsets and mindset,” said Ranjan Kumar Mohapatra, director (HR), Indian Oil. Edited excerpts of an interview : We institutionalized WFH guidelines even before the commencement of the lockdown. Centralised communication on the subject ensured that there were no ambiguities

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