HR News Roundup – October 2020 0

Industry Updates

Twitter Commits to Have Women as 50% of Its Global Workforce by 2025

Industry-Updates-Twitter-Commits-to-Have-WomenTwitter has set a target of having at least half of its global workforce to be constituted by women by 2025 in its efforts to drive gender equality in the company. Currently, women make up 42.2 per cent of its global workforce, according to Twitter’s latest Inclusion & Diversity report. The social media giant has also targeted to have women in 42% of its technical roles and 41% in leadership positions. In the backdrop of rising momentum behind the #BlackLivesMatter movement, 25% of its workforce will be composed of underrepresented minorities, and of that 10% will be Black.

10 Million People Engaged Globally by Microsoft through the Digital Skills Initiative

Industry-Updates-10-Million-People-Engaged-GloballyMicrosoft has reached over 10 Million learners in 231 countries and territories through its ambitious global skills initiative launched in July 2020. Across 21 markets in Asia Pacific, there have been close to 1,552,000 learners reached through the initiative. India ranked second globally in its skilling progress, having reached close to 774,000 learners. The initiative aims to help 25 Million people worldwide by helping users access popular learning resources in topics including software development, customer service and data analytics.

Mondelez India Offers Group Mediclaim Policy Benefits to Live-In Partners 

Industry-Updates-Mondelez-India-Offers-Group-MediclaimMondelez India, formerly Cadbury India, after announcing the benefits to same-sex partners earlier this year, has announced that it will extend group mediclaim policy to cover live-in partners to further elevate its existing D&I initiatives. The policy will be effective from January 2021 onwards and will also cover the adoptive and dependent children of the domestic partners. The company feels that this move will help all employees to be themselves and achieve their full potential while also strengthening the company’s endeavour to build a more diverse, inclusive and equitable atmosphere.

HCL and IBM to Expand Alliance to Help Organizations with Digital Transformation

Industry-Updates-HCL-and-IBM-to-Expand-AllianceHCL Technologies (HCL) announced a new partnership with IBM to help clients accelerate their digital transformation by migrating enterprise mission-critical workloads to the IBM public cloud. HCL said the IBM Ecosystem Unit (IEU) at HCL will help clients accelerate their digital transformation, including enterprises in regulated industries such as financial services, telecommunications, life sciences and healthcare and energy and utilities. These solutions will be built on the IBM public cloud using IBM Cloud Paks, containerized software running on Red Hat OpenShift, and Watson-powered advanced data and analytics.

Also Read:  HR News Roundup – March 2020

TCS Announces Salary Hike for All Employees

Industry-Updates-TCS-Announces-Salary-HikeAfter a pause, IT industry leader Tata Consultancy Services (TCS) has decided to go ahead with salary hikes for the July-September quarter (Q2) from October 1. In April, soon after the lockdown, TCS had announced that it was freezing salary hikes. With this, TCS has become the first among the Indian IT firms to announce a wage hike. TCS said it is continuing investments in organic talent development, with a focus on upskilling and innovative training methods. Over 352,000 employees have been trained on multiple new technologies, and over 427,000 have been trained in Agile methods.

40% Women Professionals Prefer Flexible Job Options in Post-COVID World: Survey

Industry-Updates-40%-Women-ProfessionalsIn a survey conducted by JobForHer among 1000 women professionals and job seekers, over 40% consider ‘flexible options that allow a certain amount of work from home’ in the post-COVID world as the deciding factor when it comes to taking up a job. The option of working from home and/or visiting the office only when required is the best one according to them as they adapt to the changing corporate world and family needs. The survey also revealed that about 90 per cent of women are comfortable with a virtual hiring process as it saves time and is convenient.

Accenture Appoints Bhaskar Ghosh as the Chief Strategy Officer

New-Appointments-Accenture-Appoints-Bhaskar-GhoshAccenture has elevated Bhaskar Ghosh as the Chief Strategy Officer with immediate effect.  Ghosh most recently served as an advisor to Julie Sweet, Accenture’s CEO, on critical areas including growth and investment strategy, business performance, etc. In his new role, he will be responsible for the company’s strategy and investments, including ventures and acquisitions.

Publicis Sapient Ropes in Kameshwari Rao as New Global Chief People Officer

New-Appointments-Publicis-Sapient-Ropes-in-Kameshwari-RaoPublicis Sapient has announced the appointment of Kameshwari Rao as Global Chief People Officer. Rao is an industry veteran having served in multiple People Success leadership roles prior to this position. Here she will lead the human capital agenda for approximately 20,000 people of the US-headquartered company.

Meenakshi Priyam Joins Udaan.com as Group Chief Human Resources Officer

New-Appointments-Meenakshi-Priyam-Joins-Udaan.comMeenakshi Priyam joins udaan.com, a Business-to-Business (B2B) e-commerce platform as Group CHRO. Prior to this appointment, she worked with GlaxoSmithKline (GSK) Pharmaceuticals India as Executive Vice President before being elevated to CHRO India & global HR head CEP in May last year. An alumna of XLRI Jamshedpur, Priyam comes with over 18 years of experience in human resources.

Also Read:  People Function: The Paradox Navigators in Startups

Dhanuka Agritech Names Viekas K Khokha as Head-HR

New-Appointments-Dhanuka-Agritech-Names-Viekas-K-Khokha-as-Head-HRViekas K. Khokha, an industry veteran with over 22 years of experience has been appointed as the Head-HR at Dhanuka Agritech. Previously, Khokha was the Director-HR at Zimmer Biomet. In his new role, Khokha will contribute towards creating the company’s talent pool through awareness generation, employee value proposition and employee happiness.

Zeta Appoints Ex Myntra CHRO as Chief Operating Officer

New-Appointments-Zeta-Appoints-Ex-Myntra-CHRO-as-Chief-Operating-OfficerZeta, the Indian FinTech, has recently announced the appointment of Abhishek Sen as its Chief Operating Officer. With 16+ years of diverse experience in human resource management, operations and leadership development, Abhishek vast expertise in his new role at Zeta, where he will be spearheading the company’s operations.

LT Foods Gets New Group Head HR

New-Appointments-LT-Foods-Gets-New-Group-Head-HRLT Foods has announced the appointment of Palash Aggrawal as its Group Head HR. Aggrawal is an industry veteran with three decades of HR leadership experience across diverse industry segments. Prior to joining LT Foods, Aggrawal was heading the HR function at Grupo Bimbo (India). He has also worked with companies like Ester Industries, NEC India, and R-Systems.

Pocket52 Onboards Zoheab Rehman as its Chief of Staff

New-Appointments-Pocket52-Onboards-Zoheab-Rehman-as-its-Chief-of-StaffZoheab Rehman, a talent management veteran has joined Pocket52 as its Chief of Staff and has previously worked closely with Cisco, Mu Sigma, and multiple high-growth start-ups. With an MBA in Human Resource Management from the University of Wigan, the UK, Zoheab brings over ten years of experience in Talent Management, Talent Acquisition, and HR.

Star Health & Allied Insurance Appoints Sriharsha Achar as CHRO

New-Appointments-Star-Health-&-Allied-Insurance-Appoints-Sriharsha-Achar-as-CHROSriharsha A Achar, ex HDFC Ergo General Insurance Services CHRO is named as the joint executive director and CHRO, at Star Health & Allied Insurance Company. A seasoned professional with over 34 years of HR experience in several industries, Achar has held HR leadership positions at Xchanging Technologies (now DXC), America Online, First Ring India, Astra Zeneca and vKarma.

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