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Gem of social service... Reality bytes Striking cords for 25 years… Well-refined – RIL’s refinery margins zoom Murugappa- a year of consolidation Innovation that helped Chennai port Steel loses its sheen Business Breif OBO Bettermann for better lightning protection Realty sector takes a break... Nothing to hide... Adding Zest to Scooty Big-ticket investments march towards Punjab Indigo stays leader with 40 per cent share Business Briefs Flexible labour laws… Hero Motocorp - smooth ride - Brand leaders come forward... Indian Bank – global businesses crosses Rs 3 lakh crore... The new look- 4s Verna Realising double digit growth in Tamil Nadu European crisis is a global crisis! WABCO’s second Chennai plant Economic issues take a back seat at G20 summit Celebration time at MS Chola TII’s single largest investment at Thiruthani LVB gears to become a financial supermarket Placing the right shoe forward... Rating of states to be released soon Chola MS net crosses 100 crores Veritas Finance- financing the unfinanced Research needs more funding Auto test tracks launched at GARC Oragadam campus Holiday Inn opens in OMR Chennai Creating Tamil Nadu Banana brand Changing dynamics in human resource management Backpack laboratory ECGC expands operations Scoot offers just Rs.13,500 to ANZ... Housing Innovation Challenge, 2015 Chennai Port is at last decongested! Sun Edison launches solar pumps ALL-two launches in a row Tata Steel commence operations at Kalinganagar TII-challenging year with flat growth Blue Star plans a new plant in south CUB: towards card-less withdrawal Chola MS launches motor app Automotive Vision Plan II... Towards peace of mind Schwing Stetter India joins hands with US-based Gomaco Curbing steel imports will hurt small business... An aerospace-defence cluster in Tamil Nadu… Focus on self-certification and third party inspection Dynamic e-commerce scenario Investor friendly Japan A global plastic event in India Connecting the unconnected IFCI to raise NCDs upto Rs 2000 crore AirAsia India infuses funds to fight out competition Airlines wage price war TN budget pragmatic and moderate on fiscal deficit World labour laws at a glance When Centre visits the state Apple maps – finding its way Chennai will soon get its World Trade Centre Celebrating 180 years of relevance Time to fast-pace the logistics sector Carrefour’s quick exit Smart controls for cooling large multi-zone spaces ... Nigeria comes nearer Digital retail transactions stabilise at higher level… TCS’ revenues cross Rs 100,000 crore Durga - India’s largest blast furnace; now operational Bridging the skill deficit in pharma industry Industry-well poised to invest on expansion Applauding enterprise... On the ‘milky’ way Four daughters and a proud father An American alliance in the chemical industry? Secured NCDs from Shriram City Illicit markets a concern to growing economy People Flow Day- Safety Techies trip to India ISRO's 100th mission ALL – truck industry is recovering from degrowth TiE applauds innovative entrepreneurs Ridley marathon to India TOP 10 CEO Compensation Inclusive and forward moving... Make way for the new and dynamic railways Chennai to get a roundabout Metro BRICS development bank TVS Logistics – another acquisition to sharpen the business model SumInfra- corridor based development... Is Indian telecom industry heading for a monopoly? Purdue and IIT-M sign the dotted line Pharma market dozes Strategy war escalates between Hero and Honda Economic, business and social sustainability Climate change may change the way businesses work... ALL to launch electric busses Need to focus on ease of doing business... STFC raises money Waste, a gold mine Downsizing spree... More gensets and diesel engines from TAFE Three more leather clusters… Hyundai excites again
 
Changing dynamics in human resource management

From mere selecting of talent for an organisation, today the role of human resources department has taken different dimensions.

With attrition rates becoming a concern, the CII conference on TN HR Summit discussed on the changing trends and the need to keep attuned to it. P Padmakumar, Head- Human Resources, Saint Gobain Glass India Ltd, pointed to the roles of HR manager ensuring cordial industrial relations. “HR Managers, while recruiting should look beyond compensation and inculcate the virtues of the company into the recruiting candidate. This will help in retaining talent.”

He pointed to an emerging field of HR analytics in which huge data are analysed before recruiting candidates. “What was then done on a gut feeling, cannot be continued. Like surgeons HR managers can make or break an organisation,” said Padmakumar. Kumar Jayanth, Secretary, Labour and Employment, Tamil Nadu pointed to the TN Skill Development Company aiming at skilling youth and invited partners from the private sector for this mission. Around Rs 150 crore has been set apart for the year.

With the GIM, new companies are expected to open shop in the state. Jayanth expects this would create a need of around 5000 HR professionals.

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