HRNV-Sep-2018

HR NEWS & VIEWS

SEPTEMBER | 2018

ETHICAL TRANSPARENCY
EMPLOYEE ENGAGEMENT
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ETHICAL TRANSPARENCY

Ethics as a standard definition is the way of doing
business and discharging functional responsibilities in a

clear, clean and non conflicting manner.

BALANCING ALL 4 PYRAMIDS ARE VERY
4 IMPORTANT



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EUROPE HR

UK SEEKING TO AVOID LABOUR CRISIS AFTER BREXIT
It has been a constant news topic for over a year. What is the working and residential status of EU
citizens working in the UK, after Brexit, when the UK leaves the European Union in 2019?
Since the 2016 announcement that UK will leave the EU in 2019, EU citizens working in the UK and
coming to the UK has fallen. This is partly due to increased opportunities in other countries, notable
Germany. It is partly due to uncertainty over the visa status of these non-UK citizens after Brexit.
The free movement of citizens within the EU has led to a significant number of foreign EU nationals
moving to other countries within the EU which have stronger economies.

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In the UK, there are 3.5m EU citizens living or working here. The focus of activity has been to make
a visa light process so that these citizens can affirm right to be in the UK under current rules and
maintain this beyond 2019. Currently, EU citizens do not have to prove their right to work to new
employers, only show their EU passport to prove their identity and status. This must change, but to
avoid a complex visa application, the government has trialled a new registration system.

The proposed system – called the settled status system – will issue EU citizens, presently working
and resident in the UK, with codes which identifies them on a government website which records
their immigration status. A new employer would take the code and verify their immigration status
directly with the website. The new system should be installed nationwide in early 2019.

This year, the government has reduced the barriers for skilled and professional non-EU workers to
apply for visas which will also help the supply of labour at the top end of the job market. This affects
doctors and skilled medical practitioners, which has been a problem area for recruitment. There
remain big gaps in low skilled employment. Presently, 30-50% of the UK construction workforce and
30% of the food manufacturing workforce come from the EU.

Employers in these sectors will step up hiring plans targeting UK nationals and other legally resident
workers, but the Government may need to relax immigration rules for new EU workers too.

SHIPYARD STRIKES IN CROATIA

Shipyard workers in Croatia have gone on strike in August after several months of unpaid wages.
Workers at the Adriatic Sea ports of Pula and Rijeka are employed by the Uljanik Group. It is a
shipbuilding company that has been in trouble for some years. Not for the first time, they have asked
the government for financial help.

Croatia’s once prosperous shipbuilding industry has been struggling to survive since the 1990s. It
has gradually lost business to Asian shipbuilders, such as South Korea, missing opportunities to
modernise and produce more high tech and higher value vessels. European Union rules do not allow
government to provide financial help to struggling private companies, but last January the European
Commission cleared Croatia’s state guarantee for a loan worth 96 million Euros to help the shipyard
stay afloat.

Privatisation and restructuring of its docks was a key requirement for Croatia’s accession to the EU
in 2013 as the government try to stop providing subsidies and prepare its shipyards to survive on the
market.

AIRLINE PUBLISHES STRIKING WORKERS' PAYSLIPS

Irish airline Ryanair faced a pilot’s strike in July, and responded with combative tactics. Ryanair fly more
international passengers than any other world airline. It operates a fleet of 450 aircraft across 87 locations
in Europe.
Firstly, they challenged the impression given by their workers of poor working pay and conditions. In an
unusual move, they posted details on its website of pilots' monthly and annual salaries, which included
captains from Ireland, the UK, Belgium, Germany and Portugal. The airline claimed the pilots earned
between €190,000 and €220,000 (£169,000 and £195,000) year. It also said cabin crew earned up to
€40,000 (£36,000) a year - "more than double the living wage".
The strike is mainly about working conditions, and worker protection. Airline unions are complaining about
the rules which govern base location transfers for airline staff. Ryanair argues that, since its planes fly
under the Irish flag and most of their employees work on board planes, they are covered by Irish law.
In another challenging move, Ryanair hit back at striking Irish pilots by threatening to move aircraft and
jobs out of Ireland after pilots walked out for the third day of strikes. The union representing Irish pilots,
responded by calling another strike and warned more would follow. So the dispute is escalating due to the
employer’s robust policy.

THE EMPLOYMENT RATE AMONG NON-EU MIGRANTS

Data published by Eurostat in July showed that 63 percent of non-EU migrants aged 20 to 64 were in
employment in 2017, compared to 73 percent of people of working age who were born within the bloc.
Perhaps a surprise, it was East European countries, who have been opposed to more immigration, that
recorded the highest migrant employment rates of EU countries. Among these countries, the rates were
79% in the Czech Republic, 76 in Romania, 73 in Poland, 72 in Hungary, and 71 in Slovakia.
The data challenges the common impression that East European countries are most resistant to non-EU
integration, and that north and west EU Countries are most welcoming due to their comparatively
prosperous economies attracting migrant labour. Belgium, at 52 percent compared to 71 percent of
Belgian-born individuals of working age in employment, was bottom of the EU countries ranking, followed
by France.

McDONALDS OFFERS APPRENTICESHIPS

Fast food company, McDonalds has announced a new initiative called Youth Opportunity, with a global
goal to reduce barriers to employment for two-million young people by 2025. A major feature of this
initiative will be new apprenticeships.

In Europe, McDonald's, including participating franchisees, has pledged to offer 43,000 apprenticeships
by 2025. The apprenticeships will provide a combination of workplace training and study, which will help
young people gain “practical experience, new skills and nationally recognised qualifications” while
earning.

McDonald’s will offer opportunities across the UK, Germany, the Netherlands, Italy and Switzerland, with
plans to expand to other countries in the future. In the UK, McDonald’s said it has helped more than
18,500 qualified apprentices to learn on the job over the past 12 years.

This year, the UK company has also made 100 places available on its Management Degree
Apprenticeship Programme

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UPDATES

Mr. Jack Ma to hand over Ma, will remain a member of the increasing by 22% in Mumbai and
Alibaba's helm to CEO Mr. Daniel Alibaba Partnership, a group that 18% in Chennai. Commenting on
Zhang in September 2019 has the right to nominate a the report, Mr. V. Suresh, Chief
majority of the company's board Sales Officer, Naukri.com said,
Mr. Jack Ma, who founded e- of directors. "This transition “The Job speak Index has been
commerce giant Alibaba Group demonstrates that Alibaba has consistently surging ahead over
and helped to launch China's stepped up to the next level of the past few months. The index
online retailing boom, announced corporate governance from a for August has shown a very
that he will step down as the company that relies on healthy 17% YOY growth. Apart
company's chairman next individuals, to one built on from Non-IT sectors viz. Auto,
September. In a letter released by systems of organizational Auto Ancillary, Real estate,
Alibaba, Mr. Ma said he will be excellence and a culture of talent Construction & BFSI, good news is
succeeded by CEO Mr. Daniel development," Mr. Ma said in his the slow and steady revival of the
Zhang. Mr. Ma handed over the letter. Source : Businesstoday.in IT & ITES sectors. The job market
CEO's post to Mr. Zhang in 2013 as is likely to move further north in
part of what he said was a Hiring Activity sees 17% rise in the months to come.” The Naukri
succession process developed August 2018 as compared to JobSpeak Index for August 2018,
over a decade. Mr. Ma, a former August 2017: Naukri JobSpeak at (2,161), marked a 17% rise in
English teacher, founded Alibaba hiring activity from August 2017
in 1999 in an apartment in the The Naukri JobSpeak Index for (1,851). The Insurance &
eastern city of Hangzhou to August 2018, at (2,161), marked a Construction/Engineering
connect Chinese suppliers with 17% rise in hiring activity from industries recorded notable rise
foreign retailers. It expanded into August 2017 (1,851). The in the hiring activity, growing by
consumer retailing, online Insurance & Construction/ 68% and 22% respectively. The Oil
finance and other services, Engineering industries recorded & Gas industry which is
becoming the world's biggest e- notable rise in the hiring activity, undergoing revival, witnessed an
commerce company by total growing by 68% and 22% increase of 36% in recruitment in
value of goods sold across all its respectively. The Oil & Gas August 2018. Hiring was positive
platforms. Mr. Ma became one of industry which is undergoing across the metropolitan cities,
the world's richest entrepreneurs revival, witnessed an increase of increasing by 22% in Mumbai and
and one of China's best-known 36% in recruitment in August 18% in Chennai. Commenting on
business figures. Alibaba said Mr. 2018. Hiring was positive across the report, Mr. V. Suresh,
the metropolitan cities,
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Chief Sales Officer, Naukri.com said, “The Job speak Index has been consistently surging ahead over the past few
months. The index for August has shown a very healthy 17% YOY growth. Apart from Non-IT sectors viz. Auto, Auto
Ancillary, Real estate, Construction & BFSI, good news is the slow and steady revival of the IT & ITES sectors. The
job market is likely to move further north in the months to come.” Source : Naukri.com

Snap’s Chief Strategy Officer Mr. Imran Khan to leave

Snap Inc., the parent of Snapchat messaging, said that its chief strategy officer Mr. Imran Khan will step down, the
latest top-level executive to exit the company. Mr. Khan, 41, whose last day has not been determined, became the
chief strategy officer in 2015. He was one of the highest paid Snap executives and was instrumental in taking the
company public in March last year. At the time of joining, Mr. Khan received stock worth about $145 million,
according to media reports. Mr. Khan said the departure is not related to any disagreements with Snap, the
company said. The company’s finance head Mr. Andrew Vollero left in May and its vice president of monetization
engineering, Mr. Stuart Bowers, quit to join Tesla Inc. Snap said Mr. Khan would continue to serve as chief strategy
office for an interim period. Source : Livemint.com

Twitter India Head Mr. Taranjeet singh resigns, Mr. Balaji krish to fill in temporarily

Mr. Taranjeet Singh, who was elevated as Twitter's Country Director for India in May 2017, has decided to move on.
In a series of tweets, Mr. Singh announced his resignation, saying that Mr. Balaji Krish, Twitter's Global Head of
Revenue Strategy and Operations, will become the interim country head. He was earlier leading the charge for
sales and marketing support for Twitter's advertisers in India. Before joining Twitter, Mr. Singh was sales director,
South Asia for BBC Advertising. Prior to the BBC, he held various positions at Outlook Publishing. “I’ll spend the
next month transitioning my country duties to colleague and friend @BalajiKrish, our global head of revenue
strategy and operations. “He’s coming from the US to be interim country lead until my replacement is hired," Mr.
Singh informed. During his career, he saw the launch of "Twitter Lite", a more accessible, faster and affordable
way to get real-time information. Source : Firstpost.com

WhatsApp may hire ex-Paytm VP Mr. Amit Lakhotia to head India payments arm

WhatsApp India is in the middle of finalising the senior leadership for its payments arm, even as it is stuck in
regulatory issues. As per sources, former Paytm Vice-President Mr. Amit Lakhotia will be the head of WhatsApp's
payments entity. In consideration for the post was Mr. Sriraman Jagannathan, former India Head of Amazon’s
financial services. He will reportedly be involved in another capacity. Senior executives of WhatsApp have been
visiting India to conduct interviews with prospective candidates for these posts. WhatsApp Business Head Mr.
Neeraj Arora was in India recently to finalize hires. At present, WhatsApp has one corporate entity in India,
registered in Hyderabad, called WhatsApp Application Services, with Mr. Rakesh Rewari and Ms. Anne Hoge Milken
as directors. Source : Moneycontrol.com

Capgemini rejigs top level management

France-based technology services company Capgemini said it has made several top-level appointments, including
Asia Pacific unit head and business services top boss. Ms. Aruna Jayanthi, earlier head of Capgemini’s business
services unit, will now be the Managing Director of Asia Pacific and Latin America businesses. Ms. Jayanthi reports
to Mr. Aiman Ezzat, the group's Chief Operating Officer, and will remain a member of the group executive
committee, the company said in a statement. She joined Capgemini in early 2000. Ms. Jayanthi has previously

been the head of Capgemini in India, where she managed operations of all business units covering consulting,
technology and outsourcing services in the country. During her tenure, between 2011 and 2015, there was a
significant increase in Indian integration, performance and capabilities, with headcount rising from 32,000 to
85,000. Prior to this, she was the Global Delivery Officer for Outsourcing Services at Capgemini. Ms. Jayanthi
will be replaced by Mr. Anis Chenchah, who has now been appointed CEO, Business Services Global Business
Line, and would report to Mr. Thierry Delaporte, Group Chief Operating Officer. He will join the group
executive committee. Source : Moneycontrol.com

Ms. Anshula Kant appointed SBI Managing Director

Ms. Anshula Kant was appointed as the Managing Director of State Bank of India (SBI), an official order said.
She is at present the Deputy MD in the bank. The Appointments Committee of the Cabinet approved the
appointment of Ms. Kant as the Managing Director (MD), SBI till the date of her superannuation i.e. September
30, 2020, the order issued by the Personnel Ministry said. Her name was recommended by the Bank Boards
Bureau for the post. Source : Moneycontrol.com

HCL Tech names Mr. Prateek Aggarwal as new CFO

HCL Technologies has named Mr. Prateek Aggarwal as the company’s new Chief Financial Officer (CFO) with
effect from October 1, 2018. Mr. Aggarwal will replace Mr. Anil Chanana, who will step down from his position
on October 1 and would retire from the company on December 31, HCL Tech said in a statement. “The
company constituted a committee of the board to review internal and external candidates and selected Mr.
Aggarwal as a successor to Mr. Chanana,” the statement said. A graduate in commerce from SRCC, Delhi, Mr.
Aggarwal holds an MBA degree from IIM, Calcutta. This is his second stint at HCL Tech, the statement said.
Source : Thehindubusinessline.com

Merger complete, Vodafone-Idea looks to fire 2500 employees, limit total jobs to 15000

It has been nearly a week since Vodafone India and Aditya Birla Group's Idea Cellular joined hands to create
India's largest telecom company. And now that the dust has settled, the combined entity, Vodafone Idea, which
boasts of 408 million subscribers, is finally moving towards its targeted $10 billion synergy benefits from the
merger. And the first step towards realizing the targeted benefits is limiting the head count. Vodafone Idea is
likely to limit the headcount to 15,000 levels. Both the companies will shed up to 2,500 people from their
total staff of 1,750,018,000 people. "There will be some rationalisation, which is natural and the company will
look at reducing about 2,000-2,500 employees in the next few months," said a senior executive. While the
newly emerged company will be looking to cut jobs, the employees will be given severance packages and
possibility of transfers within the Aditya Birla Group will also be explored. Besides reducing the headcount, the
week-old telecom giant is also likely to hold back on increments and promotions for a while in a bid to tread
ahead of the competition and maintain a leading position in the Indian telecom sector.Source : Indiatoday.in

Pay delayed, Jet Airways pilots warn of non-cooperation

Jet Airways (India) Ltd will delay paying salaries for an additional two months of September and October as
the loss-making airline battles its financial woes. Jet Airways has already delayed salary payments for July and
August. It now plans to disburse salary for August in two instalments in September, according to an internal
note sent to employees by Mr. Rahul Taneja, the airline’s chief people officer. Those affected are employees
holding ranks of general managers and above, cockpit crew and aircraft maintenance engineers, Mr. Taneja
aid. A spokesperson for Jet Airways said “issues such as the disbursement of salaries are being amicably
addressed and we continue to resolve ongoing concerns through constant dialogue with the airline’s
management team.” “The management has been receptive of the cost saving initiatives suggested by NAG

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scommittee,” the spokesperson said. Source : Livemint.com

Plan to hire 1,500 people in India: Nissan

Japanese auto major Nissan plans to hire 1,500 people in India to strengthen R&D and global digital hub while
also stating that it would go for "voluntary separation" at its Chennai manufacturing unit. The company, which
is seeking to revive its presence in India, said it would go for separate dealerships for Nissan and Datsun
brands especially in smaller towns in the country. As part of a new strategy, the company is positioning the
Nissan at the upper end building on the brand's global SUV heritage while the Datsun brand will address the
mass market segment, Nissan Chairman for Africa, Middle East and India Mr. Peyman Kargar said. Interacting
with reporters on the sidelines of annual convention of SIAM, he said Nissan will also bring new products to
India starting with the Kicks SUV in 2019. The company already employs around 7,000 people at its R&D centre
near Chennai doing development work for vehicles in India and handling engineering activities for its alliance
with Renault. "We are going to invest in this area in India further. We will hire 1,000 for R&D this year and
another 500 for the newly set up digital hub," Mr. Kargar said. In the coming years, in India, he said, "We will
grow and our workforce will shift towards highly skilled jobs to lead the technological changes coming to the
auto industry in India." Source : Moneycontrol.com

Google builds new leadership team in India; Facebook, Myntra executives recruited

The Google India office is seeing unprecedented action these days as it ups the ante in the country, including
making an aggressive play for the next wave of internet users hailing from the tier II cities and beyond. The
buzz is that it is bringing back former employees and relocating existing ones to put together a strong
leadership team. This is perhaps the first time in the company's 15-year journey in India that it has made so
many key appointments in senior leadership roles. To begin with, Mr. Sajith Sivanandan, former managing
director of Google for Malaysia, Vietnam, the Philippines and new emerging markets, has relocated to
Bengaluru as the head of payments and access service in India. Similarly, Mr. Pankaj Gupta, the founder-CEO of
Halli Labs - a Bengaluru-based artificial intelligence startup that the company acquired in July last year - has
been appointed as director of engineering, Next Billion Users, Google India. Then, Mr. Ambarish Kenghe, the
co-founder and former product management lead for Google's Chromecast based at the company's
headquarters in Mountain View, California, who moved on to Myntra as chief product officer in 2015, has been
wooed back. Mr. Kenghe will now be leading product development for the payment app Google Pay. The
internet giant is also casting its net wider to attract talent. Source : Businesstoday.in

Mr. Amitabh Chaudhry to take charge as Axis Bank MD and CEO from January 1

The country's third largest private sector lender Axis Bank Saturday appointed Mr. Amitabh Chaudhry as
Managing Director and CEO from January 1, after incumbent Ms. Shikha Sharma steps down at the end of this
year. Mr. Chaudhry, who resigned from the post of MD and CEO of HDFC Standard Life Insurance Company, has
been appointed as MD and CEO for a period of 3 years, with effect from January 1, 2019 up to December 31,
2021. "The Board of Directors of the bank at its meeting have taken on record the approval granted by the
Reserve Bank of India (RBI) to the appointment of Mr. Amitabh Chaudhry as the Managing Director and CEO of
the Bank, for a period of 3 years, with effect from 1st January 2019 up to 31st December 2021 (both days
inclusive)," Axis Bank said in a regulatory filing. Mr. Chaudhry will take over from Ms. Shikha Sharma after she
demits office on December 31, 2018. The bank had selected three candidates to succeed Ms. Sharma at its
board meeting held in July and had recommended their names for the approval of RBI. "I would like to thank
the RBI and the Axis Bank Board for the privilege and honour given to me to lead this great institution. Axis
Bank is amongst the leading private sector banks in the country. Together, with the support of the Board and
the Axis team, I am confident of continuing the bank's remarkable journey these past 25 years and to
contribute to its future growth," Mr. Chaudhry said. Chaudhry, 54 years, has been associated with HDFC Life
since January 2010. He has been associated with HDFC Life since January 2010. Source : Businesstoday.in

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