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VANDE MATARAM - A.R.Rahman -" Maa Tujhe Salaam "

Indian companies reworking appraisal system for right talent: PwC study

With work habitats turning more and more complex, most companies in India are reworking their performance management mechanism so as to attract, retain and reward the right talent, says a survey. According to the Price Waterhouse Cooper survey (PwC), 52 per cent of the respondents have made or are planning to make changes in their staff appraisal systems in the near future as a burgeoning young workforce, technological advances, a multi-generational workforce and a growing economy have given rise to additional challenges. Furthermore, it said close to 20 per cent had done away with individual ratings. The intent to make systemic changes indicated that bold approaches to performance evaluation and management would be seen in the near future, the findings showed. This study draws its findings and analysis primarily from the Performance Management Trends Survey, conducted by PwC India in 2015. “Creating new performance indicators, measuring employees on relevant metrics and motivating critical talent will be a vital enabler for corporate success in future,” PwC India Leader — People and Organisation, Mr. Padmaja Alaganandan, said. However, only 12 per cent of the respondents believed that their current performance management system was highly effective in achieving its stated purpose. There’s a feeling that while there is considerable use of performance systems in recognition of individual contribution, they are not as frequently utilised in the recognition of team contribution. With collaboration being the cornerstone of workplaces today, it is worth exploring why organisations are not reflecting this reality by giving due weightage to team contribution in performance evaluation,” it suggested.

Source :  Thehindu.com






 
Ravi Shankar, commonly known as Sri Sri Ravi Shankar, was born on 13 May 1956 in Tamil Nadu, India. He is also frequently referred to simply as "Sri Sri" or as Guruji or Gurudev.





Swami Brahmatej ji Writes on 13th May 2016-
This more of a blog than a post but then the subject is such.....  ..What would be the perfect gift for our Dear dear  Guruji  on his 60th birthday ?
All birthdays are birthdays but then 18th, 21st 50th are all special. And if you are in the south of Bhaarat, 60th is so special. But Our Guru is so special to us that every year HIS birthday is special. So then…  Birthday… means I have to give a gift To Guruji on May the 13th 2016. That is where the dilemma …. Actually ‘many’ - lemma starts for options are far more than two. The first thought comes is that a gift has to be something that the receiver needs/likes. Well, what would our GOD ‘ need’ !! He actually takes care of our needs more than we could ever do ourselves. So then follow Guruji’s advice. Once when asked by a devotee “ Guruji what can we give you ?” Guruji had said“What I don’t have is problems and worries and pains of life. Give me all of yours. That is why I have come in the first place”.  So I followed the easy path. But I realized that though Guruji’s birthday came only once a year, My birthday gifts to him were far more often in the year. Sometimes I felt guilty too. Why should I burden my Guru with my problems? So much knowledge that Guruji has given is only so that we don’t get into the usual tangles of life. But you know how our Guruji is, he always resolves our dilemma. One devotee once commented in satsang “ Guruji  I keep giving you all my problems and they get solved. The whole world over devotees must be doing the same. 24 hrs a day and you must be solving them like you do mine. Now I don’t feel good giving you my problems” And Guruji replied “My dear one, one drop of problem added to the ocean doesn’t burden the ocean. So don’t you worry about it. Anyway I have come to this world only for that purpose. Make maximum use of it. Just know that no amount of problems can bother me “
Aah! No more guilt now. Then I observed people give him a variety of nice gifts like beautifully embroidered dhotis. I too did that a couple of times. Then realized that the dhoti has to be liked by Guruji and my choice need not match his.  I would only be creating one more botheration for Guruji. He would be left with so many Dhotis that he doesn’t need. A few people like Sharmilaji do take extreme care that Guruji’s wardrobe has the right ones.
Sweets were another choice. Again how much could he eat? And also would it be right to give him sweets which might take days to reach him and become stale? So that option was out.
Cash?  It is so convenient but would that really be a good gift for my god on his 60th birthday? My choice became clear when I was travelling and wanted to invite the president of that country to our WCF 2016.
We met some important people so that we could reach the invitation to the president. And I was surprised by their response. Though very pleasantly. ALL of them had the same answer “Our president will not come”. It was not a rude answer when we heard their explanation. They said “Our president is a visionary and a great leader. He is already 75. We want to preserve him longer. So we do not strain his calendar in any way except where it has to be. He guides us and shows us the path. We work so that he rests.” Ring Ring !!  I realized they not only loved and respected their president. They were so practical also.
AND what am I doing? Am I even thinking about our Guru or just myself? I remember since the first day I came to the ashram I would hear Guruji say “give knowledge to a lot of people and fast. There is no time.” The words were prophetic.  Perhaps never in history the world would have deteriorated so fast the way it has deteriorated in the last twenty years. Art of living also grew at a phenomenal pace. The more it grew the more busy Guruji became.  He is active and working for at least 19 hours every day without a break. Save for the navratri and an ‘agyatvaas ‘ of two or three days in the whole year. Otherwise a typical day for Guruji at the ashram  is somewhat like this.  Calls start coming early in the morning and go on till late night from all over the world. These are not only from devotees asking for blessings for the beautiful projects they undertake  to spread joy, good - health and self  reliance or dates for visits but from all sorts of people. Right from government officials of different countries to rebels to lay people call for assistance and help, And they call at their convenience and their office hours. 
Guruji comes to office around 9.30 – 10-00 A M. Till lunch time the schedule is packed with meetings with different people for the myriad of agendas that people have.--Some of them common to Guruji’s own agenda. After a few reminders the secretaries have to extricate him from people so that he can have his lunch. ( Guruji typically does not have breakfast). After lunch there are more meetings. Around 3.00pm Guruji is extricated again so that he can rest.  The rest is usually with a couple of people reading out letters that are written to Guruji from around the world while Guruji is lying down. With Guruji commenting ‘this is taken care of ‘ or “ this must be an old letter it’s already handled’ or  ‘remind me about this  on such and such day’ etc. Around 4.00 another set of meetings start. And then Guruji gives darshan to hundreds of devotees who have come from many cities and countries, Including one with his pet elephants who become restless from 4.00 onwards to meet Guruji.  6.30 pm is satsang time. Hundreds and sometimes thousands experience bliss with the soulful singing and the master’s knowledge. After satsang  Guruji usually has a light supper,  followed by a string of meetings. On full moon nights, (rarely) some select singers sing Guruji’s favorite songs. The secretaries then get busy with Guruji on various subjects, including concretizing tentative schedule of Guruji  ( which is usually booked 10 months to a year in Advance).  Phone calls continue.  Around 1.00 am Guruji says Jai Guru Dev to everyone present indicating that they have to go and sleep. While he continues as calls are still coming,  a few lucky ones  get a call from God. Many times people find Guruji walking in the middle of the night checking the storage tanks, to see if they are full for the next day. IN this busy schedule Guruji manages to visit different projects and developments happening in the ashram almost daily. He also manages to walk to the Gaushala to meet the cows, and the other animals. Some mornings Guruji walks the whole campus. There is no wonder He always knows the minutest details of everything happening around hundreds of countries   Many visits in a month are also to Bengaluru city and other nearby cities where people have invited him.  Then of course there are those (almost every day) who insist on meeting Guruji NOW because THEY have to take a flight or train. Guruji makes time for them too (somehow). These people go back home happily thinking that they are such great devotees that even Guruji met them before they left the ashram. But I wonder who is the one who is devoted—the Guru to his devotees who break his schedule to meet people- or the devotees, who just to see GURUJI, break his schedule.  Phew! This is what he achieves on a physical level in a single day! Who knows how manifold is achieved on other levels when devotees pray to him from all over the world !!
When He is in Bhaarat, Guruji visits many cities in a year. Wherever Guruji goes we pack up his schedule very tight. I have also heard of instances where our organizers in their enthusiasm have not only forgotten to eat but also forgotten to serve Guruji  lunch. From the bhakta’s point of view,  It is understandable that Guruji comes to a chapter rarely and the  opportunity to serve him is a rare privilege. For one does not know when He will give the next dates to the chapter again. But we tend to forget that for Guruji each day of the year is the same… packed. I do not think there must be another human on this planet that travels so much, crossing so many time zones so often and continuously for such a long time.
Somehow I think Guruji travels so much because we haven’t done our job as volunteers very well.
From His side Guruji has given us so many tools each more effective than the other to reach out to people and make their life beautiful . We have also seen and experienced the results thereof. Are they any short of a miracle? There are many such questions that come up. Like
1) Have we as AOL volunteers  and teachers reached our potential?
2)  Has ART of living reached it’s potential as an organization?
3) Have we as teachers and volunteers really reached out to the masses, used all the tools effectively, spread happiness and good health to our potential?
4) Have we really got the masses to connect with Guruji who is the one that can make a difference in their lives?
If I ask myself the answer that comes from within is NO. I could have done so much more. Especially when I hear of the wonderful stories of  our teachers,  yuvacharyas and volunteers.  If so few of these people could achieve so much of which the whole AOL is proud of, what would happen to this country if all of us could do our bit.
Guruji  once asked one of our teachers regarding a particular group of people. “Have you made connection with them ?” The teacher replied “we do invite them for all our functions”.  Guruji asked “ Do they come?” The teacher said “ No Guruji. They do not come”. Guruji said “that is the connection that we have to make”.
In the ashram once Guruji remarked “The 30 to 40 minutes of rest that I get in the Afternoon is the real rest”.
With these thoughts I got my Eureka moment. I got what would be best Gift for our Dear Guruji on his 60th birthday.
What if we can do his work of reaching out to the masses soon
What if our Dear Guruji  works only for 30- 40 minutes a day rather than resting only for 30-40 minutes?
And our dear Guruji  can travel when HIS heart pleases  and not because we did not do his work and HE has to do it HIMself ?
THAT would be the PERFECT gift for Guruji’s 60th birthday. The best part is that it is very easily doable.
Share with us how Gurudev 's birthday is being celebrated in your city through Seva activities/ satsang.
Tweet with the hashtag #HappyBdayGurudev and do tag @ArtofLiving.

You can follow me on @ArulrajhL


Noted industrialist Mr. Ratan Tata figures among a list of three names proposed by IIT Bombay as the next chairman of its Board of Governors. The chairman's post fell vacant after the tenure of nuclear scientist Mr. Anil Kakodkar ended on May 11. The panel of three names have been received by the Human Rresource Development Ministry for consideration and placing it before the President (the Visitor) for approval, Ministry officials said. The 77-year-old industrialist was a consulting professor in the Management Science and Engineering programme at the Stanford University and is also associated with the IIT Bombay, as a member of the premier institute's advisory council. Tata Education and Development Trust, a philanthropic arm of the Tata Group, had donated USD 50 million to the Harvard Business School in 2010.


Source :Moneycontrol.com  

Software major Infosys Ltd has made 20,000 campus offers for hiring freshers from colleges and institutes across the country to ramp up its headcount in 2016-17, a senior executive said. "We have made 20,000 campus offerings by conducting interviews at various institutes to hire freshers for this fiscal and ramp up our headcount," chief operating officer Mr. U.B. Pravin Rao told said. Asserting that employee attrition had reduced in the fourth quarter of 2015-16, he said the company was able to retain more employees by increasing engagement with them all through the year. "We have taken a number of steps to make Infosys an exciting place for the world's best talent. We continue to reimagine our internal processes to increase organisational agility," Mr. Rao noted. Though the company made a gross addition of 9,034 people in fourth quarter including 5,266 laterals, net addition was only 661, as 8,373 people left, taking the total headcount to 194,044 by fiscal-end, as against 193,383 quarter ago and 176,187 year ago. "Our attrition level has declined to 17.3% in Q4 from 18.1% in third quarter and 18.3% year ago," Mr. Rao added.


Source :   Jobs.siliconindia.com  

The Central government employees will have to wait till September-October to get higher salaries under the 7th Pay Commission. As per a Financial Express report, government is expecting that higher salaries released around the festival period starting with Durga Puja and Diwali will boost consumption, which will have a multiplier effect on the economy. Though the employees will get arrears with retrospective effect from January 1, no retrospective arrears in allowances will be given. With the move, the exchequer would be able to save around Rs 11,000 crore. The commission had estimated the additional outgo in FY17 due to its award at R73, 650 crore.

Source :   Zeenews.india.com   


Naukri Job Speak Index for the month of January 2016 stood at 1748 recording a 19% increase in hiring activity over January 2015. IT-Software records an impressive 22% Y-o-Y growth, BPO/ITES has grown by 26%, Auto/Auto Ancillary is up by 9% followed by Banking and Telecom at 6% and 5% respectively whereas Oil and Gas continues to struggle with an -18% dip in the Jan’ 2016 index. Demand for professionals in ITES/BPO has grown by 31%, Banking by 25% and IT-Software by 20%. Among the metros, Delhi/NCR witnessed the maximum growth of 30%, Mumbai follows with 20% and Bangalore has grown by 17% in the Y-o-Y growth chart of Naukri Job Speak Index for the month of January 2016.


Source : Naukri.com   


In a bonanza for central government employees, the 7th Pay Commission is likely to recommend a 22-23 per cent jump in their salary and allowances, according to sources. The pay panel is expected to submit its report to the finance minister today. The Pay Commission headed by Justice A K Mathur has suggested a 15 per cent increase over the basic salary plus dearness allowance (DA) for the central government staff, they said, adding that an increase in allowances like house rent allowance (HRA) has also been recommended. The total increase will be 22-23 per cent of the gross salary (basic plus DA plus allowances), the sources said. The recommendations of the 7th Pay Commission are scheduled to take effect from January 1, 2016.Besides Chairman, other members of the commission are Mr. Vivek Rae, a retired IAS officer of 1978 batch, and Mr. Rathin Roy, an economist. Ms. Meena Agarwal is secretary of the commission. The central government constitutes the pay commission every 10 years to revise the pay scale of its employees and often these are adopted by states after some modifications. The Commission was set up by the UPA government in February 2014 to revise remuneration of about 48 lakh central government employees and 55 lakh pensioners. The Union Cabinet had extended the term of the panel in August by four months, till December. The 6th Pay Commission was implemented with effect from January 1, 2006.

Source :  Profit.ndtv.com  

The Indian Institutes of Technology (IITs) are softening their stand on allowing start-ups to recruit from their campuses. In August, IITs had decided that before inviting start-ups for campus placements, they would review their balance sheets for the past three years, study their annual reports and seek independent feedback from experts and the IIM alumni employed by these start-ups. However, with most start-ups having been floated by their own students, IITs say the due diligence might not be as stringent. "We will allow a basic background check regarding start-ups but we cannot decline placements if they do not furnish their annual reports or balance sheets. Many start-ups are founded by our own students. We cannot deny them permission to be on campus," said a placement cell official at IIT Bombay. This year, IIT Bombay has seen increased interest from start-ups to participate in campus placements. Overall, about 300 companies, including start-ups, have applied so far. Last year, 240 companies had applied as of October. The IITs begin placements from their campuses on December 1every year. IIT Kharagpur has said it is willing to take a chance with start-ups founded by its alumni. "There are two sets of start-ups - those operating since the past two-three years and those that are fresh. The former have built a reputation. For instance, OYO Rooms, an IIT Kharagpur alumnus-founded start-up, has established its brand value in the market. Now, it is treated as a company such as Flipkart. Any such start-up, which has shown a good trend through two-three years, will not face much of an issue in being invited to IITs for placements," said a source at IIT Kharagpur. In the case of fresh start-ups, the institute is willing to show leniency to those founded by its own students. "The other set of start-ups, which are absolutely fresh, will be reviewed very carefully. One of the important things we will ask at the review will be about the founders.


Source : 31-10-15   Business-standard.com


Less hiring but more productivity is the way forward at the Aditya Birla Group as technology and specialization kick in to change HR trends across the industry. The group is looking to add approximately 30,000 people in the next two decades or so to its current workforce of 120,000 people, or a 1.25-fold growth, which is nearly the same seen in the last 20 years, according to its human resources head. This contrasts with the 26-fold revenue growth to $41 billion at present from 20 years ago. “Going forward there will always be fewer number of people, not just with us but in every organisation,” said Mr. Santrupt Misra, CEO, carbon black business, and director, group HR, Aditya Birla Group. “People cost will continue to grow. People’s preferences about what they want to do will continue to change. And there will be more cost advantage and more consistency in applying technology. So all of these will drive to lesser number of people.” The third largest conglomerate of India, handling its traditional manufacturing business of metals, chemicals and fertilizers, cement and fabric along with services business of telecom, retail and money, has identified employee care as one of its five guiding points for the future. “Just like new-age businesses are forcing us to re-look HR structure and processes, the traditional industrial businesses are also in need of special focus on their own HR structure and processes for the future,” said Mr. Sandeep Chaudhary, chief executive officer, Aon Hewitt. The group has so far hired 20% of its senior managers from outside, the rest being home grown, but going forward, it may hire 30% from outside with the main aim of bringing in specialists, said Mr. Misra. That said, it also announced a hiring freeze earlier at several senior levels so that the lower level employees could move up. 


Source :   Livemint.com   

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