Talent shortage a concern for 34 pc employers in India

September 17, 2016

New Delhi, Sep 17: Employers around the world are concerned about finding and retaining skilled talent with 34 per cent of employers in India saying talent shortage is a concern, while for China the figure stood at 47 per cent.

computerAccording to PNB MetLife Employee Benefit Trends Study 2016, at least one-third of employers in six countries surveyed across developed and developing markets feared being impacted by a talent shortage.

While 34 per cent of Indian employers believe that talent shortages are a cause of concern, 40 per cent employers each in Poland, the UK and the UAE also hold the same view. In China, 47 per cent employers think likewise, while as high as 56 per cent of Russian employers believe so.

"In some countries, part of this fear stemmed from unemployment rates being near all-time lows, like in Russia and Poland," the report said.

Historically, companies have long focused on salaries and lure of bonuses to attract and retain employees, but instead of just salary, a total rewards packages are an important factor to attract and retain employees, says the report.

Around 88 per cent of all Indian employers surveyed said they provided benefit offerings to attract employees away from competitors. A larger percentage of MNCs said they offer benefits such as health, life and accidental insurance and financial planning.

"As demand for employee benefits grows, we'll see more and more local companies implementing total rewards packages to win the talent war over the coming years," the report said.

Increasingly, voluntary and wellness benefits, as well as retirement and financial planning options, are becoming more sought after and "must-have" parts of total rewards package.

"At a time where finding and attracting skilled talent is increasingly difficult, offering higher salaries and bonuses may not be the answer. Those who take a total rewards approach — by providing a wide range of voluntary benefit options and financial planning and wellness programs — will create an environment that demonstrates care and makes a positive impact," the report said.

It further added that employees will be better off financially and physically and have a stronger relationship with their employers, resulting in greater retention, loyalty and increased productivity.

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Media Release
March 4,2020

Mangaluru, Mar 4: With an objective to create awareness among children about the importance of consumption of fruits in regular diet, First Steps Pre-School, Kudroli, celebrated Fruits Day on Friday 28th February 2020 with fun and frolic.

The tiny tots of preschool celebrated Fruit Day. Children, representing the fruits of their choice sang the fruit rhymes with great zest, enthusiasm and vigour, enjoying the moments of joy and happiness in the company of their mates & teachers.

Teachers had made interesting and simple stories on encouraging children to have fruits in their meals. The teachers also explained the importance of fruits’ intake in diet for mental and physical growth. The tiny tots also learned more about the taste, smell,

color and texture of each fruit. Children clearly understood the importance of washing the fruits before eating or cooking and about the benefits of eating fresh fruits.

All the children were found to be quite thrilled and were positive on the fact that fruits are better than junk food.

The head teacher Himna S. Ahmed, teacher Azeema and Master Shehzan S. Ahmed arranged the event in an impressive manner which added feather to the event.

The event magnificently concluded with fruit feast for the kids of pre-school.

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Agencies
July 3,2020

New Delhi, Jul 3: The Delhi High Court on Friday refused to entertain a plea challenging Karnataka government's decision to impose a 25 percent domicile reservation in the National Law School of India University in Bengaluru.

A division bench of Justice Hima Kohli and Justice Subramonium Prasad observed that the impugned law is passed by the State of Karnataka, and the respondent university is also situated in Karnataka.

The court granted liberty to the petitioner to move the appropriate forum with their grievances.

The Karnataka Assembly had passed the National Law School of India (Amendment) Act, 2020 in March this year, which provided a 25 per cent horizontal reservation for students of Karnataka in the NLSIU.

The High Court observed that the main contesting parties in the present case were the NLSIU and the Karnataka Government. As the court did not show any interest in entertaining the plea, the petitioner withdrew the plea.

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Media Release
May 26,2020

The Department of Business Administration organised a Webinar on Career Planning and Development for the Under Graduate and PUC students of various colleges on 23 May 2020. Sr Dr Venissa A.C, Principal, inaugurated the programme and conveyed her best wishes. Mr Abhilash K, Managing Director of Abhijnya Education Private Limited was the Resource speaker.

Mr Abhilash said that a student should assess themselves, evaluate their career skills, set career goals in order to implement and maximise their career plan. He listed out the various courses available after completion of PUC/Degree. He also said that the students need to create their own future, assess their strengths, build personality and explore various options available to build their own career. He gave a few tips on how to prepare for the various competitive exams and manage time.

The Webinar had 125 participants from various colleges who actively participated by asking their doubts on Career Planning. The programme was conducted on Google Meet. Dr Neethu Suraj, Assistant Professor of BBA welcomed the Resource speaker and the participants, Mr Elson Dsouza Assistant Professor of BBA delivered the vote of thanks and Mrs Sabina Dsouza HOD of BBA coordinated the programme.

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