IN SOURCING / OUT SOURCING ?

Definitions keep changing depending upon ” who “ is addressing “ whom “ !

President Barack Obama told Indian Parliamentarians ( Nov.08,2010 ) :

“ We signed deals for India to buy $ 10 billion worth of American defense equipment – which will create 50,000 jobs in USA “

In a joint press conference with President Obama, Prime Minister Man Mohan Singh of India declared :

“ When American companies outsource to India, we are not stealing American jobs ; we are actually creating jobs in America by making American Companies cost-competitive and enabling them to sell their goods around the world “.

A day earlier, Prime Minister David Cameron ( UK ) said :

“ So , as we act to bring net migration to Britain down to the tens of thousands, I want this message to be heard loud and clear the whole world over :

 In every classroom or laboratory where a bright idea is born, every boardroom where a business case is put together , if you’ve got an idea, if you want to create jobs, and if you have the ambition to build a world beating company here in the UK, we want you ; we’ll make it easy for you “.

Hemen  Parekh        

POOR MR.SEIDENBERG !

9 Sep 2010

POOR MR.SEIDENBERG !

He got only $ 820 for every employee he laid off !

Absolutely unfair compared to Robert Iger who earned $ 6346 for every worker he sacked.

Here are the details, as reported in DNA Money/Sept. 02, 2010:

If good old U.S. of A. wants to come out of double-dip recession, it should start rewarding their CEOs  $ 10,000 for every job they ” created ” .

It is about time Wall Street / CEOs / Shareholders started thinking long terms.

With regards

HEMEN PAREKH

UNITED STATES OF UNEMPLOYED ?

8 Sep 2010

UNITED STATES OF UNEMPLOYED ?

The naming convention for newborns in the tiny village of Gunalli ( Karnataka / India ) is

·           Male child………………..GyanAppa

·           Female child…………… GyanAvva

But what if you 2 male children ?

Simple.

Call the elder one ………………Dodda  GyanAppa

Call the younger…………………Chikka  GyanAppa

That forces you to avoid a third male child !

Parents around the world have started calling their grown-up

Male child……………………………Laid-off  Larry

Female child……………………… Jobless   Jane

If all the unemployed of the world were to gather in one place, that would become the largest nation on the earth-

“  United States of Unemployed  “

With regards

HEMEN  PAREKH

WHAT IS YOUR PRIORITY ? CHARITY OR JOBS ?

4 Sep 2010

WHAT IS YOUR PRIORITY ? CHARITY OR JOBS ?

At the Business Leadership Award function in Mumbai ( Sept o2, 2010 ), India’s richest industrialist Mukesh Ambani was asked how much of his huge wealth does he plan to give away to charity ( ala Bill Gates , Warren Buffet etc. ).

Here is how Mukesh replied (approximately):

“India’s problems are different from those of developed world. India is adding 12 / 15 million people to its workforce every year. Rather than give away to charities, India’s rich should use that wealth to create jobs.

12 / 15 million jobs, year-after-year, for next 25 years .”

No wonder, unemployed jobseekers in India are cheering Mukesh!

They don’t want charity. They want jobs.

And by inducting Mukesh in its Board, World Economic Forum seems to endorse his views.

With regards

HEMEN  PAREKH

WHAT IS YOUR RECORD ?

3 Sep 2010

WHAT IS YOUR RECORD ?

In India, junior civil judge, JVV Satyanarayanan Murthy set a record of delivering 111 judgments on Aug. 23, 2010.

Within 2 days ( Aug.25 ), Sessions Judge A.K.Shori broke that record by delivering 148 judgments in one day.

But, at the current rate of disposal, it will take Indian Judiciary 300 years to dispose off 30 million pending cases !

Jobseekers are inspired.

Unmindful of the capacity of recruiters to dispose off resumes, unemployed around the world are blasting millions of resumes everyday. Sensible, considering current rate of joblessness.

Only no jobseeker wants to claim first place in Guinness Book of Records !

Understandable.

With regards

HEMEN  PAREKH

TOO YOUNG TO ADVISE ?

2 Sep 2010

TOO YOUNG TO ADVISE ?

                                                

With a budget deficit of British Pound 170.8 billion, British Chancellor of Exchequer, George Osborne is a very worried man.

Many people are giving him many suggestions. That includes 7 years old Oscar Selby of Epsom ( Surrey ), who advises:

• Cut taxpayer funding to the banks

• Get banks to pay back cash they have borrowed

• Spend more on care for the elderly & on natural disasters

• Make some more places to go to work. Just any jobs. Jobs the country needs.

Britain’s 2.4 million unemployed would heartily endorse the last suggestion. Most of them are more worried about the future of their own 7 year olds than about the budget deficit – which is a common worry for jobless all over the world.

With regards

HEMEN  PAREKH

WATCH YOUR CLOTHES !

1 Sep 2010

WATCH YOUR CLOTHES !

As reported in Daily Mail ( Aug.2010 ), here are findings of a survey of 2,000 employers, commissioned by TK Maxx ( a clothing store ) :

·           65 % claim, clothing could be the deciding factor if two candidates are neck and neck in other areas

·           For women, being dressed in a tight top or showing cleavage can nix chances at the job interview

·           Wearing a black bra underneath a white top is the next biggest dress-code mistake

·           When men turn up in a badly ironed shirt or a high-waist trousers, they are bound to ruin their chances of getting a job

Kieran How of Eden Brown ( a recruitment firm ) says :

“ Job interviews are not the place to try fancy dress or to show off your most revealing party clothes “.

Unemployed should never forget that recruiters have a positive bias for candidates who dress like them !

With regards

HEMEN   PAREKH