In the realm of hiring, psychometric tests are often seen as essential tools. Yet, many of these assessments lack robust scientific backing for their effectiveness and accuracy. Consequently, hiring choices might seem meticulously data-driven, but they often stem from mere conjectures. Organizations invest in these questionable assessments, failing to enhance the hiring process or curtail employee turnover.
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The flyers, which appeared in meeting rooms, on vending machines and atop toilet paper dispensers at the offices, encouraged staffers to sign an online petition against the move.
3 hours ago
Underscoring the angst caused by the potential strike, South Korea called an emergency meeting for related ministers. There, Prime Minister Kim Min-seok instructed the government to closely manage the situation "considering the gravity of the impact on the national economy", a statement from his office said.
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Chandigarh has witnessed a major development as the Enforcement Directorate has apprehended two ex-IDFC First Bank staff amidst a sweeping inquiry into money laundering activities. The individuals are under scrutiny for allegedly embezzling a colossal Rs 590 crore from the Haryana government's coffers, reportedly utilizing ghost companies to make the money disappear.
3 hours ago
In the pursuit of immediate gratification, many organisations miss the true essence of enduring joy. Studies show that real fulfillment arises from having a sense of purpose, building strong interpersonal connections, and engaging in meaningful career tasks.
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It is about the evolving nature of accountability in a system where employment relationships are layered, fragmented, and often deliberately distanced. In this context, ETHRWorld interacted with manpower services providers and legal experts to delve deeper into this issue.
9 hours ago
Corporate India is embracing Prime Minister Modi's call for work-from-home and reduced travel. Major companies like KPMG, Deloitte, and Tata Motors are reviewing policies, with many already operating hybrid models. Businesses are prioritizing virtual meetings and restricting non-essential trips to conserve foreign exchange and ensure continuity amidst global uncertainties.
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"We have expanded insurance coverage across OPD, hospitalisation, and accident benefits to provide more comprehensive support and are also rolling out nationwide health camps offering free check-ups and preventive care. These initiatives are part of our recent Rs 2,800 crore investment to further strengthen associate well-being and scale our operations infrastructure across the country," Salim Memon, Director - Operations, Amazon India, said.
15 hours ago
Meta is set to lay off approximately 8,000 employees, about 10% of its global workforce, on May 20. Meta said the company is offering a “generous severance package,” which includes 16 weeks' base pay plus two weeks for every year of employment and will also cover the cost of COBRA health care coverage for US employees and their families for 18 months.
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For those unaware, Amazon has rolled out an internal tool called MeshClaw. The tool lets employees build AI agents that can connect to workplace apps and carry out tasks on their behalf. The tool can send emails, manage Slack messages, and handle code work — all automatically. More than three dozen Amazon staff built it, and the company says thousands of employees use it daily to cut down on repetitive work.
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Over 250 new Vande Bharat sleeper trains are in the pipeline for rollout over the next few years - all with the aim to revamp long-distance rail travel and offer a world-class service experience to passengers.
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Mother Dairy and Amul have both increased milk prices by Rs 2 per litre, effective May 14. This move by India's leading dairy brands is attributed to rising costs of cattle feed, fuel, and packaging. Amul cited a substantial increase in cattle feed costs and a hike in procurement prices for farmers.
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