EMPLOYEE SATISFACTION
Zerodha to end zero-brokerage model; Unacademy lays off 250 employees
Online stock broker Zerodha will likely discontinue its zero-brokerage structure due to new Sebi rules. More on this in today’s ETtech Top 5.
Aligning business goals and decoding employee behaviour: A modern strategy for MSMEs
Alignment between business goals and employee behaviour is not a one-time effort but an ongoing process that requires continuous attention and adjustment.
Flexibility, salary key jobseeker parameters for new roles in India: Report
Indian workers are demanding higher salaries to cope with rising living costs and to feel valued. Flexibility is another key concern, as per Michael Page India's Talent Trends 2024 report. Employers need to focus on broader aspects like workplace culture, diversity, equity, and inclusion to attract and retain talent. The report highlighted workplace discrimination in India and emphasised the need to address various generational priorities and challenges in different sectors.
What Ghazal Alagh learned from Jeff Bezos? Mamaearth co-founder reveals her decision-making strategy
Ghazal Alagh, co-founder of Mamaearth, has adopted a strategic technique inspired by Jeff Bezos, aiming to enhance decision-making at Honasa Consumer Ltd. Her method involves visualizing consumers in strategic meetings, reflecting a customer-centric approach akin to Amazon's strategies. This innovation has garnered rapid engagement on LinkedIn, prompting discussions on the inclusion of employees in decision-making processes.
Why breaks are important to work hard and achieve success, of both employees and organisations
Aditya Narayan Mishra, Managing Director and CEO of CIEL HR Services, emphasizes the importance of breaks and holidays for workplace respect and gratitude. Somdutta Singh, Founder and CEO of Assiduus Global Inc, highlights the role of breaks in preventing burnouts and promoting overall well-being.
Job demand in renewable energy sector surges 23.7 pc in FY24: Report
The renewable energy sector is seeing a rise in demand for roles like solar PV technicians, wind turbine installers, roofers, and storage operators, in addition to a decline in attrition rates to 33.5% in FY24.
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Renewable industry workforce addition accelerates, attrition slows: Teamlease data
Strong growth in headcount underscores sector's expansion to meet global renewable energy targets and increasing demand for skilled workers
The rising importance of the chief trust officer
Businesses are emphasizing trust by appointing a Chief Trust Officer (CTrO) to oversee trust-building initiatives. This role involves assessing trust levels within and outside the organisation, focusing on domains like corporate culture, compliance, and customer experience.
ET Road Safety & Safer Mobility Forum: Experts spotlight strategies for elevating employee well-being and operational efficiency in transportation
Global road fatalities dropped by 5%, but India saw a 15% rise. The ET Road Safety & Safer Mobility Forum discussed safety culture and technology's role in employee transportation. Leaders emphasized driver safety, tech integration, and collaborative efforts for a safer future.
Why leaders need to invest for development of employees’ soft skills
Soft skills are vital for workplace success. Leaders must prioritize upskilling teams. A report by Wiley explores professional development impact, team dynamics, and engaging assessment for improved interpersonal skills.
A quarter of all employees struggle to voice mental health issues at workplace : Survey
A recent survey by Great Place To Work India revealed that one in four Indian employees finds it challenging to speak up about stress, burnout, anxiety, or depression without fearing judgment. Despite organizations offering mental health benefits, such as counseling services and wellness leave policies, low utilization rates highlight the necessity for a structured framework to support employees who are open about their struggles.
Five-day work week, big hike: Bonanza for bankers awaits government nod
This decision will lead to an additional yearly expenditure of approximately Rs 8,284 crore for these banks, benefiting around 8 lakh bank employees. The wage hike is set to take effect from November 2022.
Seven in 10 Indian employees believe they are underpaid: Report
Seven in 10 employees in India believe they are underpaid. Salary is considered the most important aspect of a job. Organizations plan to improve payroll accuracy, timeliness, data security, and privacy. Employee wellbeing, including financial health and wealth creation, is a top priority. Employers are embracing AI in payroll management and exploring alternative compensation methods.
LG Electronics India's commitment to employee satisfaction and growth acknowledged with Great Place To Work Certification™
LG Electronics India, a leading consumer durable brand, has been accredited as a Great Place To Work® in India. The company demonstrates a remarkable commitment to creating a positive work atmosphere and fostering professional growth.
Gen Z employees seek socially conscious workplaces, shows survey
The report categorises organisations that fall within the top quartile of Social Sustainability Index as ‘socially conscious workplaces’ and those at the bottom quartile of the index as ‘other workplaces’.
Nine in 10 employees believe managers hold primary responsibility for their happiness: Survey
Global matching and hiring platform Indeed's survey of 1,219 employers and 2,537 employees reveals insights into workplace happiness among Indian employees in 2023, and sheds light on what makes them happy at work and how different factors impact their satisfaction.
Tata group chief Chandrasekaran in new year message to employees talks about AI, Chandrayaan-3, and Rohit Sharma
In his New Year message to Tata Group employees, Chairman N. Chandrasekaran talks about leveraging technology, particularly AI, in 2024. HeReflecting on 2023, he celebrated the group's market capitalization growth, successful IPO of Tata Technologies, and initiatives like the Tata Transformation Prize for innovative research. Chandrasekaran drew spotlight on India's successful Chandrayaan-3 mission and Rohit Sharma-led Indian cricket team's World Cup journey, emphasizing the valuable lessons for Tata Group's transformation journey ahead.
A little less elbow, a bit more heart into your jobs
Work does not satisfy anyone nowadays. Citing the lack of adequate compensation, timely promotion, and meaningful growth opportunities, countless employees express their dissatisfaction by quitting, moonlighting, malingering, or trundling on while wearing a face resembling impatience on a monument gritting her teeth.
Managers need to pay attention to employees' emotional needs: BCG survey
BCG tested over 20 different needs, with roughly half being functional needs such as pay, hours, and benefits, and the other half being emotional needs such as feeling valued and supported, and doing work you enjoy, for the survey, titled “What Really Matters At Work, And Why We Should Care”.
Majority of Indian workers likely to stay if given good organisational culture: Report
Recent research conducted by SHRM suggests that 64 per cent of Indian workers are likely to stay if given good organisational culture, significantly higher than the global average of 37 per cent among employees.
IBA, bank employee unions agree to 17% salary hike, latest on 5-day week proposal: 10 points
IBA-bank employee union wage revision agreement: The djustment is set to take effect from November 1, 2022, and will span a period of five years. According to the agreement, the wage revision will result in a total expenditure of Rs 12,449 crore for all public sector banks, including the State Bank of India (SBI).
View: Consumers, employees and society at large seek organisation leaders to cement the trust deficit
Relationships are weakening, while reducing the sense of safety and security, which, in turn, are causing fragmentation and spurring conflicts. This is becoming increasingly evident in both the geopolitical situation and the business world. And stakeholders, be it consumers, employees or the wider community, are looking at organisation leaders to cement the widening trust deficit.
Leadership styles: Exploring the traits of transformational leaders
The world is seeking somebody who embodies the essential traits and attributes of a transformative leader where change is the only constant.
AI can improve productivity, reduce costs and increase employee satisfaction: Oracle's Guy Waterman
Generative AI will be viewed as a partner in the way that strategic organisations are using AI together with other content in the future because what they're going to have is basically super smart capabilities on their team that are accessible to their team.
How to ensure employee satisfaction in the age of tech
As more duties get automated, how can we prevent worker dissatisfaction?
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