IIM ROHTAK HUMANE-R CLUB Presents
HR BULLETIN VOLUME 3
humane.r@iimrohtak.ac.in
HUMANE-R
DECEMBER
HR Bulletin
A record number of women of all races and nonwhite men joined boards at S&P 500 companies in the last year.
1.Women exceed 25% of board seats on S&P 500 for the first time This year, a record 432 seats changed hands, opening up more spots than ever for new, diverse candidates Women hold more than a quarter of board seats among the biggest companies for the first time, an analysis by executive recruiter Spencer Stuart found. A record number of women of all races and non-white men joined boards at S&P 500 companies in the last year. Among new directors, 46% were female and 23% were minorities. Women of color made up 10% of new board members. Combined, women and minority men hold 59% of new seats, and all boards have at least one woman, as of this summer.
2
1 WOMEN AND MINORITIES A R E S U B S TA N T I A L MAJORITY OF NEW S&P 500 DIRECTORS
FEMALE CFOS BROUGHT IN $1.8 TRILLION MORE THAN MALE PEERS
1
Among new directors, 46% were female and 23% were minorities
3 FOR THE FIRST TIME EVER, NOT A SINGLE COMPANY ON THE S&P 500 INDEX IS WITHOUT AT LEAST ONE FEMALE BOARD MEMBER.
HUAMNE-R
DECEMBER
This year, a record 432 seats changed hands, opening up more spots than ever for new, diverse candidates. Turnover is the biggest impediment to adding more women and people of color to boards. Directors most often leave because they are at or approaching a mandatory retirement age, and only about 15% of current board members will reach that point in the next three years, Spencer Stuart found. Read more at: https://www.bloomberg.com/news/articles/2019-10-23/women-exceed-25-of-boardseats-on-s-p-500-for-the-first-time
2. IT job market ‘changing’, employers looking for ‘adaptability': Survey says
A huge talent shortage can be expected by the year 2021, thanks to around 2 lakh jobs in artificial intelligence and big data New Delhi: Corporate India's hiring intention for IT professionals for the next two quarters shows a dip of 5 percentage points from what it was in the last six months, as demand for talent with new skill sets for the future is reshaping the tech job market, says a report.
47.54 per cent, down from 53.41 per cent in the last six months.
According to the Experis IT Employment Outlook Survey (EITEOS), the overall IT hiring intention of Indian employers for the period between October 2019–March 2020 stood at
“The IT job market is gradually aligning with the megatrends of evolving technology” "The entire landscape of the world of work is changing. Employers are looking for adaptability, critical thinking and leadership skills apart from technical skills. From the talent's perspectives, candidates are interested in making work, work for them," Manmeet Singh, President at Experis IT, ManpowerGroup India said.Singh further noted that "the amalgamation
EMPLOYERS IN THE TIER 2 CITIES EXPRESSED STRONG INTENTIONS OF HIRING IT TALENT
2
HUAMNE-R
DECEMBER
of both is leading to the emergence of a job environment we have never seen. Dynamism and volatility are here to stay�. Read more at:https://www.livemint.com/ industry/human-resource/it-job-marketchanging-employers-looking-for-adaptabilitysurvey-11571736844602.html
3. Employers work overtime to send the message: Smoking kills A week back, Japanese marketing company Piala announced it would be giving its non-smoking employees an extra six days of paid time off per year to make up for smokers’ cigarette breaks.
BENGALURU / KOLKATA: India Inc is kicking some serious butt. Anti-smoking awareness is the new agenda for a bunch of organisations including Godrej, Cisco, BlackBuck, Indegene, and Go-Jek that are inspiring employees to quit the habit, through awareness programmes, health talks, counselling sessions, and even rewards and recognition. According to the World Health Organisation (WHO), India is home to 12% of the world’s smokers. Companies are trying to do their bit to change that, and at the same time, promoting employee well-being and productivity.
and met with counsellors to discuss their addiction. We are planning to felicitate the employees who gave up smoking at one of our upcoming town halls so that they can in turn inspire others.
Earlier this year, Bengaluru-based health technology company Indegene ran pulmonary function tests for employees to help them understand how their lungs were functioning. Of the 200 employees that voluntarily took the test, the company identified about 33 at high risk for lung cancer, and drove a three-month long intervention campaign to help them give up the habit. Employees were given nicotine patches
Anti-smoking awareness is the new agenda for a bunch of organisations
3
HUAMNE-R
DECEMBER
We’re also noticing better productivity and work-life balance in employees who’ve given up smoking because they’re better able to manage the workload in the absence of multiple smoke breaks,” told, Bina Patil, vice-president of HR. Godrej partnered with Hinduja Hospital for a programme to help employees quit smoking, under which team members were first counselled and later prescribed anti-nicotine medications, if required, for sustained abstinence or advised further therapy. The conglomerate has also set up a camp for measuring the carbon monoxide levels in the breath of smokers at its headquarters in Mumbai.
According to the World Health Organization (WHO), India is home to 12% of the world’s smokers.
As part of a group, there's both support and peer pressure to take things more seriously," said Shilpi Pandey, chief people officer, Black-Buck. At the end of the period, 25 people declared that they had been smoke-free for over two weeks, while seven others had cut down significantly on their intake. The company plans to circulate their success stories to inspire others and start another batch soon.
Employee wellbeing is about more than physiological or mental ill health – it's about optimising the health of all employees, not just reducing the numbers of staff who are diagnosed with medical conditions.
A week back, Japanese marketing company Piala announced it would be giving its nonsmoking employees an extra six days of paid time off per year to make up for smokers’ cigarette breaks. Their CEO hoped it will incentivise employees to kick the habit of smoking. Closer home too, India Inc is trying to drive the same agenda.
Read more at: //economictimes.indiatimes.com/articleshow/ 72409737.cms? utm_source=contentofinterest&utm_medium=te xt&utm_campaign=cppst
4