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Showing posts from July, 2017

Average job turnover for a person is 2½ years

By Eva Yeong Human resource (HR) practices in Malaysia must change and accept the fact that the average turnover for any individual in this day and age is two-and-a-half years, according to one panellist at the Global Business Services Forum 2017 yesterday. “In a HR organisation, have we evolved to the point that we really understand what talent management really means in the current day and age, and what it means five years down the road? It is not so much about how much you are going to pay, what great office painting you have on the wall, how big the CEO’s office is,” BAE Systems head of Malaysia engineering centre Rishesingar Ramasamy said during a panel discussion at the forum yesterday. He said the industry has a huge part to play in adapting to changes in talent management and it is unfair to put the onus on the government to enable job creation opportunities. “The average turnover for any individual is two to two-and-a-half years in any organisation here. That is the k...

Bitter conflicts dominate G20 summit in Germany

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By Bill Van Auken The two-day G20 summit convenes in Hamburg, Germany today, dominated by global economic and political crises, threats of military confrontation and multisided geostrategic conflicts. The atmosphere resembles nothing so much as a meeting between greater and lesser mobsters in which no one knows who will be the first to shoot. First held in 2009 in London, the G20 Summit was supposed to serve as a forum for a collective effort by the major powers to rescue world capitalism from the financial meltdown begun on Wall Street in 2008 and to ward off the danger of protectionism. Today, under the impact of the ever-deepening and insoluble capitalist economic crisis, the conflicts between these powers have become so advanced, severe and unconcealed that there is every reason to believe that this could be the last of these world gatherings. US President Donald Trump set the tone for a summit of bitter and open confrontation by preceding his arrival in Germany with a trip to P...