80% looking for job change as dissatisfaction on rise

October 19, 2016

New Delhi, Oct 19: Dissatisfaction with job is on the rise and employees blame poor work-life balance for this state of affairs, with a whopping 80 per cent of them looking for a change, says a TimesJobs survey.job

The findings of the 'Job Satisfaction 2016' survey by TimesJobs.com revealed that 60 per cent employees are not satisfied with their current job, while 80 per cent said they are looking to switch jobs.

"The paradigm of job satisfaction has moved from salary optimisation to career optimisation with a healthy work life balance," Times Business Solutions Head of Strategy Nilanjan Roy said.

As per the survey the level of dissatisfaction has increased year-on-year. In 2015, 78 per cent employees stated they were happy with their current job, although they were still open to other opportunities.

The report further said of the 60 per cent unsatisfied employees, 80 per cent belong to the junior level, 60 per cent are from the middle level and 40 per cent respondents are from the senior level profiles.

"Unfortunately, a lot of India Inc is still concentrating on salary optimisation to increase employee satisfaction. Although a lot of discussions have happened on taking care of holistic career aspirations of employees it is high time definite steps are taken to arrest this dissatisfaction," Roy added.

Among the respondents who claimed to be unsatisfied, 50 per cent count poor work-life balance, 30 per cent state meaningless work and 20 per cent say poor salary as the reason for this dissatisfaction.

Of the respondents who claimed to be satisfied, 45 per cent state their work-life balance as the major reason for their job satisfaction. 35 per cent attribute a good salary and 20 per cent say a good work profile is the reason for their contentment.

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Agencies
March 12,2020

Thiruvananthapuram, Mar 12: In the wake of COVID-19 outbreak, Internet service providers in Kerala have agreed to step up the network capacity by 30 to 40 per cent of the present capacity to meet the demand, especially in view of the spurt in work-at-home mode.

"The decision was made at a meeting of representatives of various telecom service providers in Kerala circle and officials of the Telecommunication Department convened by the Secretary, Electronics and IT, following a direction by Chief Minister Pinarayi Vijayan to look into the issue," said a press release by the IT Department.

The decision will be beneficial for those working in IT institutions. The government has come out with a set of suggestions to avoid social gatherings at public places in view of coronavirus spread. Telecom service providers have assured the government that they are well equipped to face the current situation.

The major part of Internet consumption in Kerala is made available through local servers. Moreover, global Internet traffic is very low as compared to the overall consumption. So, increasing the capacity won't be difficult, service providers informed.

"Complaints regarding the low availability of the Internet due to the spurt in consumption of the Internet can be made to the service providers to their complaint redressal number or inform state government call centre (155300). But complaints regarding the insufficiency in the current network infrastructure should be strictly avoided," said the release.

The IT Department will also demand daily reports from various telecom service providers. By analysing these reports, steps for remedies will be taken after bringing the sudden increase in consumption to the service providers.

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Agencies
July 3,2020

Mumbai, Jul 3: In yet another move to keep Chinese technologies companies at bay, the Centre has cancelled the 4G upgradation tender for BSNL as it has decided to come up with fresh specifications for the upgrade process, sources said.

The Department of Telecommunications (DoT) is likely to issue a fresh tender in the next two weeks.

People in the know said that the fresh tender may not allow Chinese companies to participate and that the new tenders that will be floated in the next two weeks will emphasise on Make in India.

As the border tussle with China escalated last month and around 20 soldiers lost their lives, the government had last month asked both BSNL and MTNL not to use equipment of Chinese makers in their upgrading process to 4G facilities.

Huawei and ZTE are the major Chinese telecom equipment makers working with Indian telecom companies and they would be the hardest hit by the decision.

The impact may be felt in terms of the much-awaited 5G trials in the country. After much deliberation, the Centre last December decided to allow Huawei to take part in the 5G trials.

The cancellation of tender for BSNL's 4G upgradation comes after the Centre on Monday banned 59 Chinese apps including TikTok, WeChat and UC Browser.

A statement by the Ministry of Electronics and IT said that the decision was taken since "there is credible information that these apps are engaged in activities which are prejudicial to sovereignty and integrity of India, defence of India, security of state and public order".

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Agencies
June 12,2020

Mumbai, Jun 12: Following an overwhelming response for the mega rights issue of Mukesh Ambani-owned Reliance Industries, the partly paid-up rights shares are set to debut on stock exchanges on June 15.

The biggest ever Rs 53,124 crore rights issue was subscribed 1.59 times and received bids worth Rs 84,000 crore on June 3.

Reliance said the rights issue saw a huge investor interest, including from lakhs of small investors and thousands of institutional investors, both Indian and foreign.

In 2019, Ambani said in the Reliance's annual general meeting that the company will be net zero debt by March 2021. The company is on course to achieve its target ahead of the deadline.

"In spite of the COVID-19 crisis and the lockdowns, the due-diligence by Saudi Aramco for the planned investment in the O2C business is on track as both the parties are committed and actively engaged," he said recently.

"With a strong visibility to these equity infusions, Reliance is set to achieve net zero debt status ahead of its own aggressive timeline. We believe rights issue was a part of the company's strategy of deleveraging its balance sheet," said Ambani. 

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