Tag: 7.5% fitment on basic pay

PRC report leaked, employees unhappy with recommendations

The Pay Revision Commission (PRC) report, which happened to get leaked and ended up going viral, has led to protests being staged by the...

Intel begins layoff, will cut 200 jobs by Jan 31, 2023

Intel, the global chip maker for personal computers, has started to fire employees in California. As per the Worker Adjustment and Retraining Notifications, Intel...

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Teachmint lays off 5% of its workforce

Teachmint, an Indian edtech startup has decided to lay off 45 employees, that is, about five per cent of its total workforce. Without disclosing...

Oyo to cut 600 jobs as part of organisational restructuring

Oyo is undergoing major restructuring, with some teams being merged and functions being integrated. The hospitality chain is letting go 600 employees, but is...

Bored employee drags employer to court for no work

Dermot Alastair Mills, a finance manager at Irish Rail in Dublin, found that he was left with little work to do ever since he...

Why do we need a chief encouragement officer?

Encouragement at the workplace is the most underrated concept. Is it necessary? Yes, of course. Is it provided? No, not really. Leaders today also need...

DIALOGUE

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...