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NRIs Looking For Desi Jobs

The lingering impact of the global financial meltdown has resulted in a spike in the number of non-resident Indian resumes received by Indian human resources (HR) companies. According to HR executives, over 15,000 NRI resumes have accumulated in the inboxes of headhunters, and the number is set to increase. "A good number of those who went to the US after 1999-2000 have started returning. US President Mr Barack Obama's posture has probably been one of the triggers. The reluctance to renew H1-B visas has also led to people deciding to return," said Mr Kris Laxmikant, CEO and chairman of recruitment agency Headhunters India. Many of the NRIs have been sticking around for up to three months. But, in an insipid job market, a good number failed to find jobs and were forced to return, HR executives said. Source: 05 Feb' 10 Business Standard

Total Rewards Conclave in Mumbai this week

With the objective of preparing Managers to deal with compensation challenges in 2010, People Matters is organizing a special conclave on 17th February. The event will have a series of panel discussions, technical sessions and case studies. For complete agenda and speakers, visit www.peoplematters.in/events, email rekha.c@peoplematters.in or call 0124 - 4148101. Source: 16 Feb' 10 People Matters

Port Workers' Withdraw Their Strike

After the Indian Ports Association (IPA) agreed to pay House Rent Allowance (HRA) from January 1, 2007, port workers have decided to withdraw the strike call. It was agreed that all other allowances would be paid with effect from January 1, 2008. The demand of the unions was that the management of the 12 ports should grant 23 per cent fitment amount to port and dock workers with effect from January 1, 2007, whereas IPA, which represented the major ports of the country, was offering fitment with effect from January 1, 2009. Source: 05 Jan' 10 Business Standard