About 516 workers of Krispy Kreme will receive over $1.1 million in back wages and damages. Federal investigations have brought to light what has been called a case of ‘widespread and systemic’ wage theft across the hundreds of stores of Krispy Kreme. The employees in question had not been paid for working overtime. It is reported that the Company did not take into account the monthly bonuses of these workers while paying them for extra hours of work. While the Company denies having broken any laws, it also commits to paying fair wages. It has agreed to settle the matter…
Author: HRK News Bureau
Employees at Jet Airways may have to face up to 50 per cent pay cut starting 1 December 2022. However, the good news is that nobody will be rendered jobless. After having faced a long delay in resuming operations, the pay cuts are reportedly part of the Airline’s attempts at salary restructuring to manage cash flows. Its operations were supposed to have resumed in September 2022, but had got postponed by a month. However, it did not take off in October, and is yet to do so, even at the fag end of November 2022. The Airline which has a…
Zomato, the online food-delivery platform is reportedly set to reduce its about 3,800-strong workforce by four per cent. That means, at least a 100 employees across functions will be impacted. This is reported to be part of a cost-cutting exercise. Given the uncertainties of the environment, the platform is looking at ways to become profitable. Employees across the marketing, technology, product and catalogue functions are being asked to leave. The platform, however, calls this a normal overhaul or restructuring based on performance that hardly affects three per cent of the workforce, says a Money Control report. During a recent townhall,…
Post-acquisition turmoil is still on at Twitter. Immediately after taking over as the prime boss of the social-media platform, Elon Musk showed the exit door to all the existing business leaders including Parag Agrawal, former CEO, Twitter. After that, as was expected by many, Musk decided to downsize the Twitter workforce by 50 per cent. Almost 3,700 employees have reportedly lost their jobs. After the layoffs, Musk had conveyed to all the existing employees through an internal memo that he is now planning to build Twitter 2.0, which will require utmost commitment on the part of the employees. He indicated…
According to a note sent by Andy Jassy, CEO, Amazon, to the employees, it has been mentioned that Amazon will continue to reduce headcount across divisions as the annual review process continues and extends into 2023. While many in the devices and books businesses were asked to leave on 16 November, others have been offered a voluntary buyout. Amazon has been exercising cost-cutting measures for some time now. Through its year review process, it has been trying to identify areas where it can reduce expenditure. The task became even more challenging given the economic downturn and considering the huge number…
There is good news for about 80,000 supervisory-level staff members of the Indian Railways. The Government has given the nod to the proposal to increase their salaries. That means, they now expect a minimum hike of Rs 2,500 and maximum of Rs 4,000 once the increment is implemented. Till now, people of this cadre were facing stagnation without any scope of promotion beyond Level-7. This hike will make them eligible for better pay grades. For about 16 years now, the employees have been demanding that their cadre be upgraded. The only way they could hope to be promoted was to…
The Supreme Court has directed the Centre and the India Air Force (IAF) to consider the plea of 32 retired women officers for grant of permanent commission (PC). The objective is to give them permanent pensionary benefits. The 32 women officers were recruited on short commission service (SSCO). The SC was of the opinion that since the 32 women officers had retired from their services between 2006 and 2009, it will not be a good idea to reinstate them on permanent commission. However, if they are found to be eligible for one-time pensionary benefit, they would be entitled for the…
For the second time this year, Infosys has cut back variable pay. In the previous quarter, it had granted 70 per cent variable pay amidst pressure on operation margins. Variable pay, commonly referred to as performance-linked pay, is the amount paid to the employees by their employers for their contribution to the growth and success of the business. For this quarter, the Company has announced that it will pay 65 per cent performance pay to the eligible employees. This is much lower than the 70 per cent variable pay that had been given in the April-June quarter. Infosys had paid…
The Government of Karnataka has ordered all government employees to give up a day’s salary towards the maintenance of cows under its Punyakoti Dattu Yojane. This one-time deduction from the salaries of the employees will give rise to a total sum of about Rs 100 crore, which will go into ensuring the wellbeing of the cattle in the gaushalas being maintained under the scheme. The collected amount will be transferred to the Department of Animal Husbandry and Veterinary Services. Group-D employees are not expected to contribute at all. However, Group-B employees will have Rs 11,000 deducted from their November salaries,…
PickMyWork, a gig platform that helps digital businesses acquire end users (individual users and merchants), has impacted 4,00,000 gig workers since its launch. Since it was founded in 2019, PickMyWork has built a strong agent network of gig workers and merchants, supporting its client base to grow rapidly at a rate of 20-25 per cent month-on-month. With thousands of gig workers entirely dependent on PickMyWork for income, the platform intends to facilitate income worth Rs 25Cr to 15 lakh gig workers in the upcoming financial year. PickMyWork is expanding its marketplace to reach out to businesses that can utilise its…
Fulcrum Digital plans to increase its workforce by more than 50 per cent. The Company’s current employee strength is around 1000, to which it plans to add another 450 technology professionals. Last year in June the company had announced that it planned to hire 750 professionals which was almost double of its then existing workforce. This seems like yet another ambitious hiring plan. Despite this being a time when there is more news of layoffs than hiring, companies seeking to increase their workforce are finding it difficult to find the right talent. The Company claims its hiring ambition is backed by…
TruKKer, a UAE-based logi-tech platform has announced the appointment of Pranav Prasoon as its new chief people officer. Prasoon will work closely with the leadership team at TruKKer and lead the Company’s people practices, culture and business evolution. Prasoon has moved from Hindustan Coca Cola Beverages where he was national head – HR for about half a year. An experienced HR leader, Prasoon has worked on various aspects of HR such as strategic HR business partnering, employee relations, learning and development (L&D), talent management, succession planning, talent attraction, HRMS implementation, change management, culture building, employer branding, diversity and inclusion and…
According to an internal memo sent by Amazon, the technology company has offered voluntary severance to certain employees. CNBC has viewed the internal document. The voluntary severance offer has been made to employees in several departments including human resources and employee services. Those who accept this offer will receive three months of salary in addition to a week’s salary for every six months they have stayed with the company. In addition, employees who opt for this voluntary severance will get a weekly stipend for 12 weeks, which can be used to offset COBRA premiums, and their insurance will continue through…
Sudhansu Misra, who was leading the HR function for Tata Coffee as its CHRO for over three years, has now taken charge as the CHRO at Infinity Retail, Croma. At Tata Coffee, Misra was leading the people function and was heading the business excellence, ethics and sustainability functions in the company. With over two decades of experience in HR, Misra was working as the senior GM, corporate HR (talent management, leadership development, L&D) at Tata Motors, before joining Tata Coffee. At Tata Motors, he led the Company’s efforts in talent sustainability by identification, development and placement of high potentials, and…
Sandhya Devanathan has been named India head at Meta, the parent company of social networking website Facebook. She will take on the new role on 1 January, 2023 and her focus will be on bringing the organisation’s business and revenue priorities together. Having been part of the Company since 2016, in her current role Devanathan will lead Meta’s gaming business for APAC. In the past, as the country director of Facebook, Singapore and Vietnam, she has played a crucial role in building the Singapore and Vietnam businesses and teams. Her role in establishing the e-commerce initiatives in the Southeast has also…
Employees of the Thane Municipal Corporation (TMC) will see an increase in their salaries now that the Maharashtra government has decided that the employees in Class 1 and 4 will be paid salaries as per the recommendations of the 7th Pay Commission. Until now, these employees were getting salaries as per the Sixth Pay Commission, which had affected their morale and demotivated them immensely. The delay in applying the 7th Pay Commission was reportedly due to the delay in deciding the pay scales of the employees in Classes 1 to 4. Another good news is that the Maharashtra government has…
As part of its endeavour to attract more women to join its delivery force, Swiggy, the food-delivery platform has introduced a Sexual Harassment Redressal Policy, which will enhance the safety of women delivery executives. Swiggy realised that as gig workers, delivery executives were not covered under the ambit of Indian laws for the Prevention of Sexual Harassment (POSH). What also was a cause of worry was the fact that many of its delivery personnel were unaware of what exactly constitutes sexual harassment or misconduct and what are the ways to address it. Swiggy’s Sexual Harassment Redressal Policy 2022 is aligned…
TresVista, the high-end outsourced services company has expanded its Bengaluru office. With the space now doubled to 60,000 sq. ft, to accommodate at least 350 more people, the total capacity of the Bengaluru office will cross 600. This is a step in the right direction by the Company to attain a workforce strength of 5,000 in four years. Earlier this year, TresVista had expanded its Pune office making it its largest delivery center covering 100,000 sq. ft with a seating capacity of 1,300. The Company already has a strong presence in Mumbai, Pune, Bengaluru, New York, London, and Singapore. The…
Quess Corp, the business service providing company and amongst the largest employers in the private sector in India, has crossed the 5,00,000+ active associate mark. This is the highest growth witnessed till date, and indicates a significant uptick in hiring despite the uncertainties of recession gripping establishments worldwide. This growth has been witnessed across digital services, facility management and payroll services. By adding 1,49,000 new UANs in the last year, Quess has proved that there has been a significant shift from informal to formal employment for a large part of the population. A good 32 per cent associates were deployed…
ESDS Software Solutions, the Indian cloud service and end-to-end multi-cloud requirements provider is looking to scale up and expand its workforce in the country. It is, therefore, gearing to hire over 700 candidates for its offices in India — including Nashik, Mumbai, Bangalore and Delhi— by December 2022. The Company already has over 900 people in its team right now. This hiring drive will focus on picking dot net developers, business analysts, solution architects, software testers, technical associates, sales & pre-sales executives, content writers and so on. The Nashik-based IT firm is open to hiring both freshers and experienced candidates…
Indian technology services company Wipro has reached an agreement with employee representatives to set up a European Works Council (EWC). Wipro will be the first Indian company to do so. The EWC agreement was successfully negotiated with employee representatives from 13 different countries. Employees under an EU directive have been requesting the company to set up a works council. This is as per an EU directive for companies with more than 1,000 employees across multiple European locations. Members for the council will be appointed according to local rules throughout this year and the first constitutional meeting will take place in…
T-Systems India is all set to expand its presence in the country. After Pune and Bengaluru, it has opened a new delivery centre in Nagpur, in partnership with Tech Mahindra. The Centre, located in the Mihan SEZ Zone, will be equipped with a gym, cafeteria and recreation centre among other facilities to keep employees engaged. The strategic collaboration with Tech Mahindra is aimed at fast-tracking its ramp-up in India, which will witness the hiring of over 6,000 people in the next two years. The Company is primarily looking for talent with digital and cloud skills capable of managing the cloud…
Tech Mahindra is reportedly working on a moonlighting policy, which is set to be finalised soon. Employees of the Company may be allowed to work gig projects as long as their work does not conflict with the interest of the Company, and provided they obtain permission from their managers, in writing. According to ET, Tech Mahindra’s —which may introduced in November 2022 itself— will allow its employees to take up gig work that lasts for short periods, primarily on weekends. However, the employees cannot take up any work for a rival company or a competitor, and non-compliance with the service…
Following the rigid restrictions imposed in China due to the fear of the spread of the COVID-19 virus, Foxconn’s plant at Zhengzhou has been facing a lot of disruption. The Company is now considering increasing the number of workers at its plant in India to ensure that global supplies are not impacted, especially amidst a growing demand for iPhones. Over the next two years, Foxconn, the Taiwanese multinational electronics company and Apple supplier, intends to expand its workforce at the Indian iPhone factory in Tamil Nadu four times, by 2024. At its Zhengzhou plant, which is probably the world’s largest…
A special job fair for the minority youth of Uttar Pradesh has begun in the State today. At least 50 companies are expected to participate and offer employment to about 5,000 minority youth. It is being held in Lucknow, the capital, by the Minority Welfare Department and Employment Department of the Government of Uttar Pradesh for minority youth. The fair has been launched at Shia PG College of Khadra, an area dominated by the minority According to Danish Azad Ansari, the minister of state for minority welfare, similar fairs will be held in about 18 locations. The appointment letters will…
It is Vineeta Singh’s opinion that crying is just a manner of self-expression for women and should not be considered as a breakdown at the workplace. Singh, who is the founder and CEO of Sugar Cosmetics, believes in women’s equality and is known for her open views that she shares on social media. A clip from a recent podcast — which Singh also shared on Twitter— showing her talking about crying being a means of self-expression for women, has triggered a debate on social media as to whether crying at the workplace should be considered normal or just a sign…