Tag: Aykroyd Formula
DA formula revised for Central government employees
Considering the inflation, the Government revises the base year off and on, for calculation of dearness allowance (DA). The formula has been changed again,...
Aykroyd Formula to replace 7th Pay Commission
In future, the remuneration of Central-government employees will in all likelihood be fixed by a new system known as the Aykroyd formula, instead of...
How this energy company is championing employee inclusivity & engagement
In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...
Trident’s Asmita leaves blossom into inclusive workplaces
Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
Harness.io: Cultivating a talent powerhouse in the tech crucible
The tech scene, be it in India or San Francisco, is equally crucible, fiercely competitive and unforgiving. In both the landscapes, attracting and retaining...
Engagement is outdated: The future of success lies in ‘employee involvement’
In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Why are so many H-1B workers in the US switching jobs?
A recent study has revealed that more and more H-1B visa holders in the US are switching jobs. In fact, there was a record...
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Wipro’s headcount dropped by 6,180 employees in sixth quarter
Wipro's employee strength has decreased for the sixth consecutive quarter. As revealed by the IT services giant's financial report for the period spanning January...
Elon Musk issues apology over low severance packages
In an email sent to his employees,Elon Musk, CEO, Tesla, has formally apologised for what he termed as "incorrectly low" severance packages. This comes...
Did Lufthansa incur huge losses due to strikes by staff?
Lufthansa Group apparently posted losses to the tune of €849 million in March 2024, whereas its losses in Q1 of 2023 were only €273...
Re-evaluate climate-change legislations, create new ones to protect workers: ILO report
Why does the International Labour Organisation feel that it is time to come up with climate-change specific policies and even create new policies to...
DIALOGUE
Data analytics and not technology will redefine HR
Q. How satisfying has been your professional journey of 39 years?
A. It has been a bagful of mixed experiences. At times I have been...
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....
