Tag: Bonus

HSBC unveils targeted variable pay for junior employees

In an aim to enhance transparency regarding compensation, HSBC is rolling out a new bonus plan for its junior employees. The plan involves assigning...

Airline staff in Taiwan to receive big hikes this year

As the travel industry soars in 2024, major Taiwanese airlines have decided to give salary increments and bonuses to their employees. Tigerair Taiwan is...

Quarterly performance bonuses for Infosys employees

This month, Infosys will be issuing quarterly performance bonuses for the July–September period to eligible employees. The anticipated average payout is 80 per cent,...

Productivity-linked bonus for Railway staff

About 13 lakh non-gazetted employees of the Railway can look forward to receiving a productivity-linked bonus (PLB) before Diwali. The Union Cabinet has given...

Former Qantas Airways CEO took 872% pay hike

Before retiring, Alan Joyce, ex CEO, Qantas Airways, claimed incentives that he said had been long pending, which amounted to a whopping total of...

Kerala government staff to get Onam bonuses, allowances

The Kerala government plans to give notable benefits to state government employees in the form of bonuses and allowances, on the occasion of the...

At least 7% hike, 100% bonus for Airtel, Vodafone Idea staff

If media reports are to be believed, employees at Airtel and Vodafone Idea (VIL) have been granted pay hikes in the range of seven...

Emirates Airlines Group raises salaries and allowances of its employees

Here is an airline that is giving its employees a pay raise to combat the rising inflation and cost of living. Emirates Airline Group...

Taiwan’s Yang Ming Marine Transport is giving workers 30 months’ salary...

Early this year, Yang Ming Marine Transport Corp. of Taiwan had awarded 12 months’ salary as bonus. Now, the shipping company has gone ahead...

Scoot to give 6 months’ salary as bonus to staff

Close on the heels of Singapore Airlines (SIA) granting eight months’ salary as bonus to its employees, its subsidiary, Scoot, has decided to give...

SIA employees to get 8 months’ advance bonus

Amidst the wave of employee turnover, there are those who remained steadfastly loyal to their employers, such as Singapore Airlines (SIA). These employees are...

No hikes for Microsoft’s full-time staff this year?

With an aim to invest in long-term opportunity, Microsoft is trying to align its spending with revenue and customer demand. As part of this...

44% workers feel they are underpaid

About 44 per cent workers believe they are underpaid for their job, as per a global survey. Among the over 32,000 workers surveyed across...

Is Meta lowering bonus payments of some staff members?

After firing 11,000 people last year and announcing the layoff of 10,000 more in early March this year, Meta now plans to cut down...

Evergreen Marine staff to get bumper bonus — 5 years’ salary

With at least 10 months’ salary to be granted as bonus for good performance, combined with a 50-month bonus that was announced in December...

HarperCollins US staff finally to get pay raise and bonus

HarperCollins, a book publishing company, faced a strike by nearly 250 members of its staff who are part of the union. On since 10...

Rs 3.5 lakhs bonus to entire workforce of Hermes

Employees of Hermes, the Paris-based French luxury brand, will receive a bonus of €4,000, that is, about Rs 3.5 lakhs each. The Company posted...

Yearly increments restored for 4,500 IndiGo pilots

After incurring losses for about three quarters, IndiGo has finally made a profit. As a result, the airline has restored the yearly increments for...

Laid-off Googlers get more disappointing news

As if mass layoffs weren’t bad enough, Google managed to disappoint its laid-off employees yet again. The Company sent them an e-mail that indicated...

10 per cent pay hikes expected for companies in the UAE...

According to a report published by a worldwide recruiting and HR firm, several companies in the UAE intend to raise pay by more than...

Hotel chain rewards staff with £182,166 for hard work

A hotel group in Britain recently rewarded its employees for their hard work with a bonus. The family-run Philema Hospitality Management, shelled out almost...

Diwali cheer for Maha government staff & MSRTC employees

A bonus of Rs 5,000 each has been granted to all the 87,000 employees of the State-owned Maharashtra State Road Transport Corporation (MSRTC) on...

4% DA hike for Uttar Pradesh government staff

Bringing Diwali cheer to the state government employees of Uttar Pradesh, the chief minister’s office announced on social media that Rs 6,908 will be...

Bonuses announced ahead of Diwali by the Government

Ministry of Finance has announced a Diwali bonus for non-gazetted Central government employees. This non-productivity linked or ad-hoc bonus will be given based on...

78-day bonus for 11 lakh railway employees

For the twelfth year in succession, eligible employees of the Indian Railways will receive their productivity-linked bonus (PLB), which is equal to 78 days’...

TCS defers variable pay for some staff members

Close on the heels of Wipro holding back variable pay for its C-suite members and paying only 30 per cent of variable pay to...

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...
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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...
Tata Steel employee vehicle ban

Tata Steel: Journey through excellence in talent acquisition 

Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...

NY bans employers’ access to employees’ personal social media

Ushering in a new era of online privacy for employees and job applicants, Kathy Hochul, governor, New York has recently signed an assembly bill....

Latest

ASHA workers protest nationwide for better support, wages

National Health Mission (NHM) employees and Accredited Social Health Activist (ASHA) workers in Kerala are protesting over the delay in releasing Rs 820 crore...

Providence India to expand workforce by 3,500

Providence India has inaugurated a global centre in Hyderabad, focusing on healthcare engineering, operations and innovation. The organisation plans to increase its staff from...

BuzzFeed to axe 16% roles; to parts ways with ‘Complex’

With an aim to refocus on its iconic brands, BuzzFeed, a digital-media company, has decided to slash 16 per cent of its workforce. The...

J&K updates family benefits for missing government personnel

Family members of a missing government employee or pensioner in Jammu & Kashmir are now eligible to apply for various entitlements. These entitlements may...

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....
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