Who Went Where…
Schneider Electric India Elevates Niharika Mohan
Luminous Power Technologies, which is a retail brand of Schneider Electric India has promoted Niharika Mohan to the role of Vice President HR, Admin and CSR. Niharika is a seasoned professional with over 21 years of experience in the industry and has been a catalyst in driving growth in every position she has previously held.
ITC Hotels Appoints Nilesh Mitra as the New VP-Talent Management
Nilesh Mitra has joined ITC Hotels as the new Vice President, Talent Management. He is an accomplished Human Resource professional with more than 25 years of work experience in the Hotel industry. In his new role, he will oversee Talent Acquisition, Learning & Development, Performance & Career Management and Workforce Productivity.
Diebold Nixdorf Ropes in Vodafone Idea’s SVP
Diebold Nixdorf has appointed Ranjan Mishra as Director- Human Resources, India. In his new role, Ranjan will oversee all people operations in India, encompassing commercial business, shared services and global delivery centre. Ranjan is a veteran with 20+ experience in human resources and has worked with companies like Vodafone, Delphi and Gillette India Limited in various HR roles.
Dentsu’s WATConsult Elevates its HR Director as CEO
Dentsu Aegis Network’s digital agency WATConsult has recently elevated Heeru Dingra as Chief Executive Officer (CEO). Currently, Dingra is serving as chief human resources officer and chief financial officer. Dingra began her journey with WATConsult nine years ago. Prior to this, she was associated with ICICI Bank for nearly ten years in multiple roles.
In Other News…
India Joins Reskilling Initiative at World Economic Forum
India has recently joined as a founding government member of the World Economic Forum’s Reskilling Revolution, an initiative to provide one billion people with better education, skills, and jobs by 2030. The scheme aims to help economies to adapt to changes being introduced by the Fourth Industrial Revolution and future-proof workers from technological changes. According to the World Economic Forum, around 75 million jobs are to be displaced. This is predominantly because of technological integration and automation. The transformation will create large scale unemployment affecting the labour population greatly and will also create demand for 133 million new jobs. The WEF wants to shift the labour population towards the requirement of the technology upgrade.
Unread Emails are Making 60% Millennials Anxious: Report
The latest survey by email collaboration platform Hiver shows that more than 60 per cent of millennials feel anxious when they see unread emails in their inbox. Millennials agreed that long emails hampered their workplace productivity and that they preferred them to be shorter and ‘to the point’. The survey also revealed that as many as 2 in 5 millennials get extremely uncomfortable if they haven’t been able to check their work email for 3-4 hours at a stretch. Millennials today are practising ‘Inbox Zero’ — which refers to nearly empty inboxes at all times. The survey was conducted with over 600 millennials in India to understand their work email behaviour patterns.
Employer to Cut 20% TDS if Employee Doesn’t Share PAN, Aadhaar Details
Employers might soon start deducting 20 per cent from the salaries of their staff if they fail to furnish their Permanent Account Number (PAN) or Aadhaar number to them. This is a new rule brought in by the Central Board of Direct Taxes (CBDT), which will be applicable to employees whose salary is above the threshold of Rs 2.5 lakh a year. This rule is aimed at keeping a close eye on TDS payments and revenue earned by this segment. In the financial year 2018-19, revenue from this segment amounted to around 37 per cent of the total direct tax collection.
Zomato Acquires Uber Eats, Jobs of 245 Employees Affected
Online food delivery platform Zomato has acquired Uber’s food delivery business, Uber Eats, in India in an all-stock deal. The deal gives Uber 9.99% ownership in Zomato. Uber Eats in India will discontinue operations and direct restaurants, delivery partners, and users of the Uber Eats apps to the Zomato platform. Close to 245 Uber Eats employees will be affected by this deal. These employees will not be absorbed by Zomato as part of the transaction. This means around 100 executives will either be reallocated to Uber’s other verticals or laid off. Some of those affected had moved from Uber to Uber Eats just recently.
Acko’s New Inclusive HR Policy Extends Benefits to Partners of LGBTIQ Employees
India’s first and fastest-growing InsurTech company, Acko has recently announced that it has extended its group medical insurance cover to include the partners of their LGBTIQ+ employees. This will enable Acko’s employees from the LGBTIQ+ community to declare their same-sex live-in partners to avail medical insurance benefits that would cover hospitalisation, health returns, and health assessment. Ruchi Deepak, Managing Director of Acko said that the company is committed to driving genuine diversity and inclusion in the workplace where everyone feels included and respected. Acko has also created a gender-neutral POSH (Prevention of Sexual Harassment) policy that extends coverage to all LGBTIQ+ employees and not only cis-gendered men and women.