RETENTION RATES
9 Best-seller air coolers of 2024 for top rated and highly efficient cooling this summer
The article analyzes best seller air coolers based on factors such as cooling performance, water tank capacity, energy efficiency, durability, and user-friendly features. Each cooler's specifications, including air delivery, cooling pads, power consumption, and room size suitability, are highlighted to help readers make informed decisions. Additionally, the article discusses the unique selling points of each model, such as inverter compatibility, auto-fill functionality, and 4-way air deflection, to cater to different preferences and requirements.
Budget 2024 an opportunity for Nirmala Sitharaman to play some good shots
The Lok Sabha election results in India surprised many as they diverged from the exit polls. The focus now shifts to the Union Budget 2024, setting the economic tone for the future. All eyes will now be on Finance Minister Nirmala Sitharaman.
FPI buying of debt via voluntary retention route gathers pace
Foreign holdings in India's debt market have surged, with FPI investment in the voluntary long-term route hitting $508 million in May. Recent deals by companies like Vedanta and Nirma have contributed to the rise, with market players expecting further activity as Indian sovereign debt joins a JP Morgan index.
Access to benefits key in retaining women contract workers: Study
A study by Quess Corp and The Udaiti Foundation reveals that both single and married women who receive performance incentives are more likely to retain their jobs than those who don't. The findings, which analysed data from 1.6 million Quess employees over four years, highlight the high turnover in the staffing industry and India's low female labour participation rate. The study found that nearly one out of every two associates who quit do so within the first three months of employment, underlining the importance of support in that period to stem attrition.
Credit costs expected to increase if RBI’s proposed norms for projects under construction implemented
There is a possibility that the implementation of this framework will overlap with the expected credit loss (ECL) framework that is required by RBI. The ECL framework requires banks to recognise losses on loans as soon as they are expected to occur, even if the borrower hasn’t actually defaulted.
Attrition rates continue to remain high for MBA graduates; drop in pre-placement offers: Study
Deloitte India's study on MBA graduates reveals high attrition rates, location preferences, and trends in compensation and skills assessment.
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Attrition for MBA campus talent highest across degrees; employee turnover among campus hires drops in 2023 vs 2022, survey shows
A survey by Deloitte has revealed that the attrition rate among MBA graduates hired directly from campus was the highest across disciplines in 2023, with the highest one-year (40%) and two-year (38%) attrition rates. Infant attrition was the highest among Graduate in Management (BBA / BCom /others) degree holders, with 33% of fresh hires leaving organisations in less than a year of joining. However, the survey showed a reduction in attrition rates from 2022, with MBA hires from Top-10 and Tier-1 colleges attriting at 24% (infant), 40% (one-year), and 38% (two-year) in 2023.
Entry-level jobs in telecom industry thrive despite broader workforce slowdown: TeamLease
Despite a general slowdown in headcount expansion in the Indian telecom industry, demand for entry-level customer-facing and technology roles remained strong. TeamLease Services data shows a growth in associate workforce by 51.05% in FY22, with a 31.41% expansion in FY24. Telecom companies focused on hiring field sales executives, customer relationship executives, and technology staff to support network operations.
Even traditional companies are adapting to Gen Z employees: Teamlease
Krishnendu Chatterjee discusses the impact of purpose-driven work values on individual and employer health, referencing Tom Rath's concept of 'working to live.' He emphasizes the importance of aligning organizational purpose with employee retention rates.
10 Best Insulated Water Bottles to Keep you Refreshed in any Climate (2024)
Insulated water bottles are designed to maintain the temperature of beverages, whether hot or cold, for extended durations. Additionally, the best insulated water bottles often boast leak-proof and sweat-proof designs, making them ideal companions for outdoor activities, workouts, or daily commutes. With a variety of styles, sizes, and features available, these bottles offer versatility and convenience, ensuring that hydration remains accessible and enjoyable, regardless of the weather conditions. Thus, investing in these water bottles provides a reliable solution for staying refreshed throughout the day.
2024 promises to be a non-linear market. Here are 3 key reasons why
Institutional investors grapple with non-linear markets, driven by earnings risk, high dispersion, and volatile interest rate outlook. Sector and stock rotation intensify post hot summer forecast, reflecting increased market participation amid erratic swings.
10 Best Refrigerators of 2024: Cooling Technology Evolved
Explore the top rated refrigerators of 2024, including Samsung, Whirlpool, LG, and more. These refrigerators from renowned companies offer various features such as digital inverter, frost-free technology, convertible modes, and energy efficiency. Upgrade your kitchen with these impressive refrigerator options and step into next level of utility and ease of living.
Jefferies temporarily suspends rating on Paytm but falls short of stopping coverage
Jefferies temporarily suspends coverage on Paytm due to uncertain valuation, pending RBI regulatory actions, potential merchant/user attrition, and the closure of Paytm Payments Bank's wallet business. The outcome of Enforcement Directorate investigations, government approval for payment aggregator license, and onboarding of Axis Bank are awaited.
Red flag: Why are so few women checking into India Inc’s C-suite?
Only 4% of exec directors at Nifty 50 are women, and across NSE-listed cos that figure drops to 3%; enabling policies needed to empower them. There is a persistent and high level of unconscious bias as well. Allyship is key. “Boys’ clubs still operate that many times do not give women the right kind of projects (that can advance them in their career) thus demotivating many women who see their juniors becoming senior and moving ahead,” said Girotra.
Karnataka tops in talent retention: Study
Karnataka, home to Bengaluru, India's prominent information technology hub, remains a magnet for white-collar and leadership talent, surpassing other states, as per a study conducted by executive search firm Xpheno. The study, analyzing leadership talent movements up to December 2023, revealed that only 13 Indian states exhibited a positive talent balance, retaining more talent than they lost to other regions.
10 Best Wall Mirrors to enhance your Home Decor: Discover the Perfect Reflection (2024)
In this comprehensive article, we delve into the world of wall mirrors, exploring the top choices available for enhancing your home decor. From sleek modern designs to timeless classics, we analyse the features and benefits of each mirror, considering factors such as durability, versatility, and style. Whether you are looking to brighten up a small space, add depth to a room, or simply elevate your decor, this curated selection of the best wall mirrors offers something for every taste and budget.
Insurtech startup Acko aims to achieve profitability by fiscal year 2027
Acko is eyeing profitability on the back of its general and health insurance segment turning earnings positive, founder and CEO Varun Dua said in an interview with investment bank UBS Global. Recently, Acko floated its life insurance company focussing on the sale of term plans, which is currently in the beta stage.
10 Best Basketballs Online in India for Professionals and Beginners alike (2024)
Elevate your basketball game with this list of the best basketballs in India, carefully curated for unparalleled performance. This selection includes top-tier indoor and outdoor basketballs, crafted from premium materials to deliver precision on the court. Explore a range of trusted brands and advanced features designed to meet the diverse needs of players. Whether you are a seasoned pro or a budding enthusiast, this selection ensures that you play with the best.
10 Best GK Books Online that will help Expand your Knowledge (2024)
Embark on a journey of intellectual enrichment with this selection of the best GK books available online. These comprehensive guides cover diverse topics, catering to learners of all interests. Whether you are a trivia enthusiast, a competitive exam aspirant, or simply keen on expanding your awareness, these books offer a treasure trove of information. Immerse yourself in the realms of history, science, culture, and more, as these books serve as invaluable companions on your quest for knowledge.
GenAI to help 60% of Asia's top firms boost worker retention: report
According to a new report by IDC, generative AI can emerge as a game-changer for organisational advancement across intelligent document processing (IDP), generative automation, and knowledge sharing.
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.
WFH good for firms' revenue growth: Study
The analysis of 554 public companies that employ a collective 26.7 million people found that "fully flexible" firms which are either completely remote or allow employees to choose when they come to an office increased sales 21% between 2020 and 2022, on an industry-adjusted basis.
Persistent shows resilience on sustained business momentum
Persistent’s revenue grew by 3.2% in constant currency (cc) and by 3.1% in reported terms to $ 2,917.1 million from the previous quarter. Analysts had anticipated a 2.9% increase in cc terms. In rupee terms, revenue rose by 3.9% sequentially to Rs 2,411.7 crore. Net profit fell by 0.7% to Rs 263.2 crore adjusting for the one-time expenditure incurred in the prior quarter. Higher costs put pressure on profit and profitability.
Post-Launch Evaluation: Continuous Improvement in Product Management
Post-launch evaluation is a crucial step in product management, where product managers assess the performance of their products, gather user feedback, and make data-driven decisions for continuous improvement. It allows for user-centric improvement, data-driven decision-making, gaining a competitive edge, customer retention and loyalty, and innovation and adaptation.
RBI repo rate kept unchanged at 6.5% for third time in a row
RBI repo rate: The Reserve Bank of India (RBI) announced that it would keep the repo rate unchanged at 6.5 per cent for the third time in a row. The decision was reached by the Monetary Policy Committee (MPC) and reflects the need to keep headline inflation within the target of 4 per cent. However, the outlook for fiscal year 2023-2024 in terms of GDP growth remains at 6.5 per cent.
Meta CEO Mark Zuckerberg addresses Threads' user drop and future plans for retention
Meta CEO Mark Zuckerberg has admitted that the social media app Threads has lost more than half of its initial users, despite attracting 100 million users within five days of release. While a decrease in use is usual, Zuckerberg suggested that improvements can be made, including by integrating Threads with Instagram to increase cross-platform engagement.
From retention to 'voluntary' attrition, IT rethinks strategy
Several companies are looking at rationalising their workforce expenses over the next few months through different means including putting more people in the lowest bands during performance appraisals, reducing bench period thresholds, and putting a freeze on variable pay for resources with low utilisation to encourage voluntary attrition of people on the bench, among various other methods, they said.
Psychological safety to be crucial for India Inc in 2023 and beyond: Survey
Job site Indeed's report on 'Diversity, Inclusion and Belonging (DI&B) at Indian Workplaces' examines the need for psychological safety in Indian organisations. Psychological safety refers to employees believing that they can take risks without being shamed by other members.
Adoption of flexible benefits by employees on the rise: Report
Global employee engagement platform Advantage Club in its report on employee benefits trends and outlook for 2023, finds that employee engagement is slated to take the frontline role in steering the future of the workplace - engaging, rewarding, and celebrating employees proactively.
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