Importance of Labour Training

Trimurty Builders are keen believers of employee and labour training and are seen practising the same on a regular basis. Here, we are sharing company’s views on the subject and how it feels that – Creating a Better Workforce Helps Building a Better Company.

It is not always necessary to hire additional employees for the skills or abilities you think are lacking in your current workforce. Many times what we miss noticing is the calibre and high potential of the employees we have, which only requires a bit of polishing to develop and get discovered.

The fact mentioned above holds true not only for people with white collar jobs but is equally applicable to blue collar employees. It is here that management/ human resource department comes into the picture, as these are the people who will search the existing talent and plan on ways to develop it to company’s use. For this system to work properly, it is important that management has complete information (updated on a timely basis) about the employee’s education, experience level, performance standards and ambitions.

But, the big question is that are the direct or long-term benefits of labour training and how is it beneficial for both for the employee and company.

1.  Formation of a motivated and engaged workforce – Adequate and timely training session evolve the feeling of job satisfaction within the employee’s. Which in turn leads to moral boost and higher motivation amongst the workforce.

2. Lower Recruitment Cost – Adding to the existing skill set of the employees rather than investing time and money on hiring new ones is another benefit of labour training.

3. Improvement in Work Quality and Pace – Skilled labour is more efficient in work; he delivers better quality work in minimum time frame.

4.  Lower Employee Turnover and Absenteeism – Training and skill imparting session creates a positive and healthy environment and leads to the reduction in employee turnover and absenteeism.

5.  Help Attract Good Talent – Seeing your efforts in developing existing workforce may attract talented people.

Plant Watering Exercise Undertaken

Nothing worth having comes easy. Especially, when you are aiming for sustainable development by way of conserving nature and want to extend the benefits that mother earth withholds on to the future generations. Trimurty Builders are a firm believer of the above though and therefore time and again organise/participate in events that have nature care & protection at its core.

One such activity was held last year by CREDAI Rajasthan in collaboration with Shri Kalptaru Sansthan. Trimurty is a long listed member of CREDAI Rajasthan our MD Mr Anand Mishra being the Joint Secretary of CREDAI Rajasthan.

The said event was part of the ongoing drive for environmental protection that started more than a year ago. Back then plants were laid down on the grounds near the airport to prevent soil erosion and provide the city with a green patch that can source fresh air around. As a follow-up, these plants are watered on a regular basis, and the caretaker assures that every plant gets its share of water treat.

Below is attracted a picture gallery of the event.

DSC_0274 (1) IMG_20161013_145106 IMG_20161013_150457 IMG_20161013_150931 

Daughters Property Rights in Hindu Undivided Family

daughter property rights - trimurty Blog

The year 2015 ended on a rather good note for daughters of the Hindu family. As in December that year Delhi High Court gave out a decision according to which now daughters are at par with male family members and can be Karta of the family (Hindu Undivided Family). This decision had a strong backing from the amendments passed in 2005 to the Hindu Succession Act 1956.

Prior to the amendment things weren’t quite in favour of the daughters especially when it came to their entitlement in family’s property. Only the sons were is a position to ask for their share the property and claim themselves as Karta of the house. Things have changed a lot and here are the revisions brought is the status of daughters in HUF –

  • Coparcenary Rights – A Hindu Undivided Family is divided into two parts, coparcenary and members. Prior to the amendment, only the coparcenary who were the males have the right to ask for partition and get the share in the property. Daughters were regarded as members and were devoid of any such claims. With the 2005 amendment, Section 6 was revised and daughters were put at par with sons on the coparcenary front. They can now become Karta of HUF and ask for partition.
  • Status of Daughters not Born into the Family – Daughters who are not born into the family are not entitled to coparcenary right. They will be only treated as members of the family and are only entitled to share and maintenance. They cannot ask for partition like coparcenary.
  • After Marriage Status of Women – A daughter is no longer the member of the family after marriage, but her right to coparcenary still continues. In case she is the eldest coparcener she can become the Karta and all other are entitled to ask for partition.
  • Daughter Children’s Entitlement – After the death of a married daughter her children are entitled to the share of property she received during partition. In case her children died too than her grandchildren can claim the share.
  • Gifting of Share – A daughter cannot gift her share of the property, it can only be done by the way of will. If in case she dies without preparing a will her share will automatically get transferred to her legal heirs.

Five Changes that’ll Make your Bedroom More Sleep Inducing

bedroom tips

Our bedroom is one area in the house that we are free to personalise according to our taste and choice. It is a place where we spent the most relaxing six to eight hours of the day, the night sleep. But do you know that a few change can make a huge difference in the quality of your sleep. Well, yes it is true and has been scientifically proven that by adding a few cosy attributes and keeping your room clutter free induces sound and deep sleep.

So, whether you love to sleep or are looking for ways to get the most out of your relaxing time, these few changes in your bedroom will help you in either of the two conditions .

  1. Clean it up

There is no better place to relax than in a clean and clutter-free bedroom. Every day spare out few minutes from your daily schedule and devote it to clean your bedroom. Organise your drawers, don’t think of your side tables as a station to rest everything, and try and keep things back at their original place after use.

  2. Mattress matters

Having the right mattress is the key to built to a relaxing sleep. Nowadays the market is flooded with mattress companies that offer a wide variety of options. An average mattress comes with a lifespan of ten years but the day you wake up with an aching back, it an indication to replace the same with a new one.

  3. Good Bed Frame

Right furniture makes a big difference in helping you make your bedroom the most comforting spot of the house. Invest on  superior quality furniture and try opt for one that is made out of solid wood and is coated with natural materials.

  4. Bedding Plays a Big Role

Right kind of bedding should sit on the right kind of bed. Try opting for softer materials that feel warm and cosy next to your skin. Also, avoid darker shades and bold print bedding during night. Rather go for white or eye soothing shades as they play a big role in enhancing your sleep quality.

  5. Other things to keep in mind

See that the overall look and feel of the room is light and inviting. Be careful while choosing wallpapers, paint, curtain and furniture for your room. Also, create a spot in your room that’s relaxing and can be used for reading and meditating, as a benefit your brain will associate your bedroom with an area to calm and relax.

Follow these simple steps and experience a sleep like you have never experienced before!

Favorite Global Destination of Commercial Real Estate Investors

real estate hub

Indian real estate market is currently going through a rough patch and experts claim the ongoing down phase to continue for a while. But things are not the same in other parts of the world, especially on the commercial real estate front. According to a report from ‘Global Cities’, commercial real estate investment has seen a five-fold rise in twelve months (estimated at $320 billion) starting from June 2015-2016 compared over the same time frame in 2009.

Following market favorable factors are behind such massive cross-border investments, which are expected to continue further and pour more money in the sector.

  • Volatile Currencies
  • Negative Interest Rate
  • Portfolio Diversification

These are top seven destinations where most investments were made in commercial real estate over the last 12 months –

1. New York

Not a shock at all, New York is better known as the world’s financial capital. Given the fact that it was taken over by London in 2015 as world’s best financial center, New York  received the largest chunk of real estate investment in 12 months (June 15 -16).

Monetary investment – $26.5 billion

2. London

Called upon as the world’s favorite financial destination in 2015, London in the span of 12 months received second highest cross-border commercial real estate investment.

Monetary investment – $25 billion

3. Paris

The lovers paradise is not only famous for the iconic Eiffel tower but over the past twelve months the city has received great amount of investment in commercial real estate front.

Monetary investment – $7.4 billion

4. Sydney

The country down under has performed very well in commercial real estate, with its capital standing at number four slot globally.

Monetary investment – $ 7 billion

5. Shanghai

Being China’s biggest city and a global financial hub, Shanghai presence at number five spot  is no surprise.

Monetary investment – $ 6.9 billion

6. Los Angeles

After New York, if there is any other American state that’s doing great in the commercial real estate sector than its Los Angeles. Seems like it is attracting people for reasons other than Hollywood.

Monetary investment – $6.2 billion

7. Madrid

Spain too has a share in the list with its capital Madrid scoring seventh position. Seems like its modern infrastructure and historic neighborhoods have attracted many investors.

Monetary investments – $ 5.6 billion