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Empowering your HR needs. |
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HR
Digest - Updated 31st August 2005
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Indian IT Managers Among Lowest Paid
In The World: Survey
The IT sector may be among India\'s top paymasters, but IT managers in India
are among the lowest paid in the world, said a survey by Mercer Human
Resources Consulting. IT managers, \"defined as those who are responsible
for developing IT systems and managing a company\'s IT specialists\" in
India, on an average, earn $26,500 a year, the survey said. While the top
earners are IT managers in Switzerland who take home an average of $1,61,900
a year, those who earn the least are IT managers in Vietnam who are paid an
average of $20,100 a year. The survey, which covered 5,300 companies across
the world, found that eight of the 10 highest-paying countries for IT
managers are in Western Europe. Japan and Hong Kong are the only two
non-European nations that rank among the top 10 for pay to IT managers.
According to the survey, IT managers in Japan earn on an average $1,12,300 a
year and those in Hong Kong $97,600 a year. IT managers in the US, which is
ranked 14th, earn an average yearly salary of $89,100. |
Motorola To Hire 1,000 More
Motorola is planning to increase its engineering headcount in India by 1,000
to take the total to 3,500 by the end of next year. Mr Ed Zander, Chairman
and CEO, said the company had invested in people in India and also intended
to increase its penetration in the market and bring low-cost mobile phones
to the country. \"We will consider India as a base for manufacturing when
the volumes justify it,\" he said, adding that while manufacturing had moved
from one low-cost location to another, Motorola\'s investment in the
\'high-cost\' engineering talent pool was for the long-term. In the past
four months, Motorola has launched Motorola Labs, expanded its Global
Software group to Hyderabad and launched new facilities for its core network
division and embedded communications computing businesses. |
Oracle Bullish On HR Management
Solution
The US-based enterprise software company, Oracle Corporation, remains
bullish on its human capital management (HCM) application offerings in
India. China and India are the biggest markets in Asia for the application,
according to Mr Ron Hanscome, Senior Product Director, Human Resources
Management System, Oracle. The application enables companies to address
employee expectations and increase motivation levels thereby improving
customer delivery and services. It covers processes surrounding the
management of worker and organisational data, compensation, benefits and
legal compliance, he said. Oracle is working with Hewitt as a knowledge
partner in India. Hewitt has deep domain knowledge and this would help
Oracle concentrate on specific targeted programmes, he said. |
Nipuna Opts For India-based CEO
Mr Venkatesh Roddam, a senior Deutsche Bank official, has joined Nipuna, the
BPO subsidiary of Satyam Computer Services, as the new Chief Executive
Officer effective August 16, 2005. Prior to joining Nipuna, Mr Venkatesh was
the Global Head of Trust and Securities operations for Deutsche Bank based
in Frankfurt. He brings over 18 years of experience in the financial
services and banking industry in India and overseas. He started his career
with ANZ Grindlays Bank, and later moved on to work with Emirates Bank
International and HDFC Bank. He had been with Deutsche Bank for the last
eight years. |
When Your Pay Doubles, Your Boss Gets
10 Times The Hike
In the last ten years, directors\' remuneration of the top companies has
jumped more than 10 times while the companies wages and salary bill grew by
a little more than double during the period. India Inc net sales, net
profits and dividend pay-outs jumped by four times during the period. During
\'04-05, India\'s top 41 non-banking private sector companies paid Rs 271
crore to their directors against a mere Rs 28 crore ten years ago. In the
same period, the company\'s employee cost grew from Rs 4,740 crore to Rs
16,558 crore, a cumulative growth of three and half times. Excluding three
IT companies namely Infosys, Wipro and HCL Infosystems, the cumulative
growth in employee cost drops down to 126 pct or little over two-fold. As a
percentage of net sales, employee cost has come down from 7.5 pct ten years
ago to 6.6 pct now. Industry professionals blame it on the differential
compensation model adopted by India Inc for its top management and lower
level employees. |
Major Shake-up At Citi
Mr Sarvesh Sarup, head of consumer business for Citigroup India, is headed
for Europe to take on a senior level assignment. Mr P S Jayakumar, regional
head, consumer finance of Citi will take over the mantle from Mr Sarup. Mr
Anando Mukherjee, head of retail credit, HDFC Bank is now on course to join
Stanchart as the head of retail credit. Mr Sarup is currently the country
business manager, global consumer group, CitiGroup. All the consumer
business of Citigroup in India including Citibank and CitiFinancial, the
wholly owned NBFC of Citi, reports to him. He will now take over as the head
of the GCB (global consumer group) business of UK and Germany, based in UK.
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SAP to raise staff count at Bangalore
SAP AG, the global leader in business software solutions, plans to add
another 1,350 employees at its Bangalore centre, increasing its headcount to
3,000 by the end of 2006. The Bangalore centre is the largest development
facility for SAP outside Germany and at present employs over 1,650 staff.
"India is among one of the top eight strategic markets for SAP globally and
the IT knowledge available in the country is highest in the world," Leo
Apotheker, president - global customer solutions and separations, SAP AG,
said. About 75 per cent of the new recruits would be for SAP Labs India,
which is into business solutions group (BSG) manufacturing, developing
mobile business solutions and financial services. The remaining 25 per cent
would be appointed for global consulting and support operations, he said.
Opened in November 1998, the Bangalore centre accounts for over 40 per cent
of SAP's global BSG manufacturing team. SAP Labs India is one of the four
global product development hubs for SAP globally. SAP is the leading
business software solutions provider for large, medium and small businesses
in India and has a clientele ranging from large enterprises such as Oil and
Natural Gas Corporation (ONGC) to companies like Yamuna Flour Mills and John
Fowler. According to International Data Corporation (IDC), SAP has a 54 per
cent market share in enterprise resource planning in India. |
IBM plans software campus in
Bangalore `Construction work under way; land sought in Mysore'
Though bulk of the growth in headcount in 2004 was on account of the
acquisitions, IBM has been adding more people in India to execute the
increasing number of projects that were offshored. IN a bid to expand and
consolidate its rapidly growing operations in Bangalore, the Big Blue IBM is
setting up a huge software development campus in the city. IBM's investment
in Bangalore campus could run into several millions. IBM has acquired about
10 acres of land in northern parts of the city, where it has started the
construction activity, highly placed sources said. It also sought some 50
acres of land from the Karnataka Government in Mysore to expand its
development operations, they added. An IBM spokesperson neither denied nor
confirmed the company's expansion plans. At present, IBM has about four
leased facilities in Bangalore from where its global services, business
transformation, software labs and the application management services
division operate. The company has an employee headcount of close to 25,000
people in India, the bulk of whom are in Bangalore. IBM has been ramping up
its India operations rapidly over the past couple of years as it offshored
more projects and reduced jobs elsewhere globally to cut costs. The
company's headcount at the beginning of 2005 stood at 23,000, a growth of
some 150 per cent compared to early 2004. Though bulk of the growth in
headcount in 2004 was on account of the acquisitions, IBM has been adding
more people in India to execute the increasing number of projects that were
offshored. The buy-outs included the $170 million Daksh eServices deal that
brought in about 6,000 employees into the IBM fold. Also the acquisition of
Rational and Trigo which had development centres in India brought in several
hundred of developers into the IBM fold. Sources said IBM has been hiring
aggressively in India for its global services division and the BPO outfit.
Most of the hires are laterals and the company has been hiring people for
its operations in Bangalore, Kolkata, Pune, Mumbai and Gurgaon. IBM could be
adding on an average of over 500 people every month, sources said. IBM
recently announced that it would slash some 13,000 jobs, mainly in Europe to
cut costs. Sources said some of those jobs could come to India as the
company is expected to move some of its operations out of Western Europe to
lower-cost regions.
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Nasscom planning IT aptitude test
COIMBATORE: In its bid to ease the load of IT companies in the recruitment
process, the National Association of Software and Services Companies (Nasscom)
is planning a national level IT aptitude test on the lines of GATE/CAT or
the GRE tests. Though the proposal is still in the conceptual stage, R.
Narayanan, Chairman of Nasscom Initiative on HR for IT, is confident of its
rollout by the year-end.
Narayanan said Nasscom's efforts were aimed at moderating the IT companies'
recruitment process load. "Thousands of candidates are picked off the campus
every year and the question paper structure differed in each of these
companies. To bring about some uniformity in the question paper pattern
(since all recruiters gauge the test score of the prospective candidates on
aptitude test), Nasscom is contemplating a test at the national level," said
Narayanan. Nasscom and the All India Council for Technical Education have
signed a memorandum of understanding for industry training. "We noticed that
the small players in the IT space are equally committed to industry
training. We have trained 200 faculties so far," he said. To enable students
prepare for such training, the company has launched a Web site with all
related information. "Students would need to put in 300 hours for
preparation, so that they can take the test on the date of joining. We are
extending financial incentive to candidates who fare well in the tests,"
said Narayanan. |
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The information
provided in this section has been gathered from published sources. The
information is true to the best of our knowledge and Topplanet has
taken reasonable steps to ensure the accuracy of the information. |
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