Facebook Inc has emerged as one of the biggest Silicon Valley players not to have agreed with other technology companies to avoid poaching each other`s employees, saving the social-networking giant years of costly litigation.
Selecting the right person for the job is important. For if you make a mistake in hiring, the cost of replacing that employee is two and one-half times the person’s annual salary, say human resources experts.
Women personnel and officers constituted a mere 2 per cent of the more than two lakh troopers recruited by paramilitary forces in the last three years and in the initial few months of 2013, Lok Sabha was informed on Tuesday.
The annual limit on hiring skilled workers from India and other non-European Union nations is already hampering the ability of British employers to fill key positions, according to a new industry study.
Hiring activity in the country jumped to a record level in April, led by sectors like IT, insurance and banking, which saw recruitment returning to pre-down turn levels, job portal Naukri.com has said.
A windfall awaits those looking for lucrative employment avenues with just four sectors --IT, telecom, banking and healthcare -- expected to generate over five lakh jobs by March next year, experts said.
There has been an upsurge in
hiring of non-resident Indians and expats by companies in the
country in the past two years, thanks to improved
infrastructure and competitive compensation levels, experts
India Inc is likely to witness 10-15 percent increase in hiring in 2010-11, led by the telecom sector which is forecast to provide a whopping over one lakh jobs, global consultancy Ernst & Young has said.