Financial times dated 1-jun says "
Nomura's 1600 staff- more than 50% of its investment arm adopted western style contracts" .
This will cut basic salaries , provide higher performance bonus and it will be easier to fire them in case of downturn.
Read Details here Continue
Added by Santosh on June 2, 2009 at 8:16pm —
No Comments
Do watch it on this blog-page or you tube - really excellent and touching short film about communication.
http://hr-universe.blogspot.com/2009/05/communication-excellent-short-film.html
Leave your comments please.
Continue
Added by Santosh on May 27, 2009 at 3:53am —
No Comments
If you are foreigner in Japan , then you already know that how difficult it is to get insight about how business works in Japan and why certain things - which prima facie looks very normal to you ,don't work in Japan.There is a way to get around this problem and understand intricacies of Japanese business - enroll for JMEC.
Read Details here. Continue
Added by Santosh on May 25, 2009 at 6:37pm —
No Comments
Though theory states about different managerial styles like AUTHORITATIVE , COERCIVE ,DEMOCRATIC and so on . But fact boils down to how "managed employees" look at you as a boss.
This is further high lighted by recent confession by many managers in financial industry that they were not aware that trouble was brewing .
This
BBC article throws light on why !
So mere 7% of employees , who think that the boss is "kind" , reporte…
Continue
Added by Santosh on January 3, 2009 at 9:28am —
2 Comments
Obesity ! What HR has to do with it . looks like a natural Question.
But in the Country like Japan , where salary-man spends most of his time in office - is closely linked , at least Authorities think so. So For employees ( And there dependents too ) measuring the waist-line is mandatory. This is an attempt to promote more healthy living as well as to keep tab on rising health care costs.
All employees above 40 will take this test. The number is estimated above 56 Million employees . Health mi…
Continue
Added by Santosh on December 10, 2008 at 4:42am —
2 Comments
Severance pay is paid for terminating employment .
This can be layoff , job elimination ,restructuring or mutual agreement. If employee agreement do not stipulate any severance pay , there is no obligation on employer to pay.
But normally employer get rid of any future claims, litigation through signed release along-with Severance Pay.
Severance pay is a positive and good thing from employer ,when job is lost through uncontrolled external circumstances. ( For example current financial turmoil…
Continue
Added by Santosh on November 6, 2008 at 4:56pm —
No Comments
Ravindra Prasad has written an article on employee happiness on
rediff.
In my opinion "Plan your week on Sunday night or Monday morning" is the most important in this list. It is surely more than mundane "to do list".
Those who are aware of Coveys most popular work "
7 habits of highly effective people", will recognize that weekly planning is mu…
Continue
Added by Santosh on November 4, 2008 at 7:00pm —
No Comments
Financial times has interesting news-article and throws light on
Challenge of doing business in china. It basically talks about abduction of trader Anil Srivastav by Chinese firm in order to settle business issue. This link from
shanghai scrap has more background detail on this.
China too is not resilient in this recent economic turmoil and looks like d…
Continue
Added by Santosh on October 31, 2008 at 9:01pm —
No Comments
There was unimaginable fall-out in financial markets recently . Japan too was not different.
Bear sterns, J.P. Morgan ,Merry Lynch , Citi-group and biggest of all Lehman !.
Example of Lehman was very classic ,while employees were down with week-end hang-over they woke up with the bankruptcy news. Initially there was a ambiguity about whats gonna happen ,to the extent that whether even current months salary would be paid ?…
Continue
Added by Santosh on October 23, 2008 at 6:48pm —
No Comments
As long as there is some-one in your friend-circle earning more than you , you are bound to be unhappy. Firm don't want you to be unhappy and hence forbid you to discuss about compensation.
Humor apart , but back in India I found that this is common topic around water-cooler among friends. I was never aware of the sensitivity of the topic till last week.
Read more
here Continue
Added by Santosh on October 19, 2008 at 8:39pm —
No Comments
Indian Blogs are buzzed with different views about Jet-layoff . Responses varies from Corporate social responsibility of jet to unavoidable nature of lay-offs .
Though the different views are genuine and true in its nature , the fact remains that Lay offs are reality of our times. ( Air-India's so called unpaid leave is essentially same as the period is pretty long , it is in years ).
In this globalized economy flickering of butterfly in one corner of world creates storms in other part of worl…
Continue
Added by Santosh on October 18, 2008 at 4:59pm —
No Comments
