Governments Focus on Employment Generation In the budget for the new fiscal year, the focus of provincial governments has been on creating employment and providing skill development training to youths. The HRM On June 15, all seven provincial governments presented their annual budget for the Fiscal Year 2022/2023 before their respective provincial assemblies. At a …
The budget for the new Fiscal Year 2022/23 has received applause from the country’s industrial fraternity. While some quarters of the country’s industrial community have complained about the arrangements in the budget due to changes in the import duty structure of certain types of raw materials, those running export-oriented industries are cheerful that the government …
How CEOs of companies with foreign investments see their stay in Nepal in terms of career growth and business expansion When Harkirat Bedi came to Nepal in 2007 as the Head of Sales and Marketing of Dabur Nepal, little did he know that the stint in the Himalayan nation will be a turning point in …
Rajendra Prasad Koirala The rise of the US economy in the 1990s was propelled by productivity improvements fueled by technological innovations. The massive economic growth resulted in labor shortages, forcing businesses to adopt innovative recruitment and retention strategies to hire people from non-traditional backgrounds resulting in creating a more diverse workforce. This situation prompted HR …
HRM Practices in the United States – A Perspective on the Past, Present and Future Read More »
Sai Kumar Chandran In our communities, institutions, and organizations today, there is a unique opportunity and space available for each one of us to occupy. This unique opportunity and space are about living in a progressive way, while positively influencing the rhythm and culture of things happening around us. This approach is about contributing purposefully …
Madhu Paudel The concept of ‘Employee Retention’ emerged during the 1970s and early 80s. Before the emergence of this concept, the status of an employee used to be just an ordinary worker who works for an employer at their convenience. Employee turnover has been a gripping issue for many organizations for a long time. Organizations …
As a banker, Anil Kumar Upadhyay has observed a lot of changes in the Nepali banking sector. The industry veteran, who is in banking for the last 25 years is currently serving as the CEO of the Agricultural Development Bank Limited (ADBL) and is also the President of the Nepal Bankers’ Association. Starting his professional …
Diwas Karki Often, we come across lots of events, information sharing and experiences as we move ahead with our daily chores. We have also been fortunate enough to hear lots of things from lots of people all the time at different points in time. The source of such information need not be necessarily from the …
Times are tough for banks in Nepal. After braving the Covid-19 pandemic for two years, banks now find themselves surrounded by difficulties due to the protracted acute shortage of investment-grade liquidity and problems in the external sector of the economy that are showing no signs of abating despite the measures taken by the central bank. …
NMB has tried to do things differently than other banks ever since its inception Read More »
Civil Servant to Get Pay Raise by 15 percent The government has announced to increase the salaries of civil servants by 15 percent which will be effective from the next fiscal year. In the budget for the next fiscal year, salaries of civil servants, the army, police, teachers, and other employees have been increased. After …
