Wipro Ditches Bell Curve Method Of Performance Appraisal
Wipro is moving with the times. Joining the growing list of traditional companies which have junked the bell curve as a performance assessment tool for their employees, the IT services giant Wipro is breaking away from convention and doing away with the Bell Curve method of employee appraisal. Last year Infosys, CISCO, KPMG and Accenture had also discarded this system of employee appraisal.
6 Ways to Tell if Your Resume is Your Weakest Link
Considering the average recruiter spends 5 to 7 seconds to read a resume, as a job seeker you’re privileged with a time-frame not much longer than the blink of an eye in which to convince the reader your document doesn’t deserve to be binned. Ouch, that’s gotta hurt! Here’s some egregious mistakes people commonly make with their resumes.
After Flipkart, Ola To Shut Down Its Grocery Delivery Service
The grocery delivery model in India is tottering. Days after Flipkart had announced that it’s shutting down Nearby, its grocery delivery arm, it is now being reported that Ola is on the verge of shutting down its own grocery delivery service, Ola store. Ola Store operated in Bangalore, Hyderabad and Gurgaon.
Reliance Enters Fashion E-Retail Fray, To Launch AJIO
There’s another weird 4 letter word in the Indian fashion retail space. After Aditya Birla had launched Abof (short for Aditya Birla House of Fashion) as its fashion e-retail arm, Reliance Industry has announced that it’s making an entry into the space with AJIO.com.
China Has Just Announced The Biggest Layoffs In History
The slowdown in China – the world’s second largest economy – has started the rolling out of layoffs. In a startling announcement, Chinese Minister for Human Resources and Social Security has stated that China expects to lay off 1.8 million workers in the coal and steel industries.
New Regulations To Prevent Early Withdrawal Of Provident Funds
If you’re a corporate employee that’s been counting on withdrawing your Employee Provident Fund account prematurely, you might need to think again. The Ministry of Labour and Employment, Government of India, has recently made amendments in the Employees’ Provident Fund Scheme, 1952, that make it harder for employees to prematurely withdraw from their EPF accounts.
Snapdeal Protests Get Messier; Snapdeal Has 2 Days To Respond To Labour Department
The Snapdeal protests, which broke out at Snapdeal’s Sarita Vihar office 2 days ago, have just gotten messier. After the agitating employees had approached the CM Arvind Kejriwal’s office, the Delhi government has directed the Labour Department to look into the matter. Snapdeal has requested for a 2 day period to explain its stand to the Labour department.
Protests At Snapdeal Intensify, Labour Department To Get Involved
Protests at Snapdeal’s office have intensified as management and the fired employees have been unable to reach a compromise.
Ratan Tata Invests In Home Rental Startup NestAway
Continuing with his investments in startups, top industrialist Ratan Tata has invested an undisclosed sum in home rental startup NestAway Technologies. This is Tata’s eighth personal investment in a startup in 2016 so far.