I got this great piece of news today. While maintaining that this might not be great for me, but it certainly made me feel good. The hint here is that if more similar news keeps hitting my ears, i'll feel more secure and the feeling of the 'feel good factor' may soon return.
Doing away with the suspense i'm quickly jumping on to the news.
ICICI Pru Life set to increase headcount by 3,000
The country's largest private sector life insurer, ICICI Prudential Life, said it will hire 3,000 people in the next two months, debunking reports of any reduction in workforce.
"We are a growing organisation, and we have already started hiring the next round of 3,000 people over the next two months, the process for which is in full swing," insurance company's senior vice president and head-marketing Sujit Ganguli said.
The employee strength the insurer stood at 25,000 at the end of March 2009.
The insurance company, which has a network of over 2,000 branches, has already rationalised its branch network for optimal utilisation of resources, he added.
The company added 40 branches to its network in the second half of 2008-09 notwithstanding branch rationalisation exercise, he said, adding that the number of branches have gone up to 2,009 as on March 31, 2009.
Net of opening new branches and rationalising, the number of branches has actually increased from 2,055 in September 30, 2008 to 2,099 as on March 31, 2009, he said.
Source:Financial Express(http://www.financialexpress.com/news/ICICI-Pru-Life-set-to-increase-headcount-by-3-000/458525/)
Very well said dude!!
ReplyDeleteI too can't understand why companies are harping on recession, trying to steal their stakeholders' wealth.
I too work in one of the leading life insurance companies, and for the first time in the last three years, have posted a loss. Even though I know that we have done much better than previous years, with a YOY growth of 137% in groups business.
Now that Congress Govt. is back, people are expecting that the Insurance industry will be opened up for foreign players (the partnership % is expected to go upto 49%)
So, hope that in near future we'll see better results from companies and bigger bonuses for us employees :D