Tag: Bonus

Airtel to give out one-time bonus as a token of appreciation

Amidst the pandemic, when companies are either laying off employees or reducing their salaries, telecommunications giant Bharti Airtel has come out to play saviour...

Niyo staff get salary hikes, bonuses, ESOPs amidst pandemic

Niyo, the Indian digital banking fintech has offered its employees 10 to 12 per cent salary increments, along with bonuses and employee stock ownership...

‘Thank You’ bonus of $500 million to Amazon’s front-line workers

The management of Amazon has decided to show its appreciation for its front-line workers by giving them a one-time ‘Thank You’ bonus. This is...

Bonuses and promotions at Motilal Oswal, despite disruption by the pandemic

During these times, when companies across the globe are being forced to either lay off their valuable employees or furlough them in order to...

IDBI Federal Life Insurance offers over 22% bonus besides salary hikes...

Companies across the globe are either laying off their employees or introducing pay cuts to safeguard their businesses and survive the economic after-effects of...

50% salary cut for RIL staff, chairman to forego entire salary

Employees of Reliance Industries (RIL) will be taking pay cuts, just as so many other firms across the country that have adopted cost-cutting measures...

Bonus of $1000 for all Facebook employees

Facebook has shown its commitment to the well-being of its employees by announcing $1000 bonus for each employee, to deal with contingencies during the...

US-based company gifts its employees holiday bonus worth $10 million

St John’s Properties, a real-estate firm run by founder and chairman, Edward St John, recently split $10 million among its 198 employees, as a...

Huawei pays bonuses totalling over a billion dollars to its loyal...

Having successfully survived the US restrictions on the Company, Huawei, has managed to secure 5G contracts and its business is already moving on a...

Festive bumper for EPFO staff

The non-gazetted employees (belonging to Groups B and C) of the Employees’ Provident Fund Organisation (EPFO), will receive a 60 days’ productivity-linked Diwali bonus....

Renault Nissan’s employees’ union not happy with 8.33% festive bonus offer

Renault Nissan Automotive India has offered its employees, at Chennai, a statutory bonus of 8.33 per cent. However, the employees’ union of the automobile...

Productivity-linked bonus announced for 11 lakh Railway employees

For the sixth year in a row, employees of the Indian Railways, will receive productivity-linked bonus (PLB), which will amount to 78 days’ salary. The...

Shareholders question bonus of BT Group CEO

British broadband and mobile provider, BT Group, had to literally reduce the bonus offered to its former chief executive officer, Gavin Patterson, by half....

Employees of FloraCraft to receive $20,000 as bonus

Leo Schoenherr, CEO, FloraCraft, a family-based American craft and floral company announced a gift of $20,000 (approx. Rs 14 lakh) as a Christmas bonus...

Wipro announces bonus to retain junior employees

In an attempt to stop fresh talent — recruited from campuses— from leaving the Company, Wipro has decided to offer a one-time bonus to...

Tata Motors announces 12.2 per cent annual bonus, regularises 301 temporary...

The management of Tata Motors and the Tata Motors Workers Union have agreed upon a bonus settlement, just in time for the festive season....

RBS to pay bonus to employees despite losses

The Bank intends to pay about £340m in bonuses to employees in 2017, even as it prepares to announce one of its biggest annual losses in 2016.

Zydus rewards all employees with 25% bonus

All employees who were on the company’s payroll on July 31, and are still on it, will be part of this reward programme, which will also include FTEs and contract workers.

LEARN- ENGAGE- TRANSFORM

POWERED BY SUMTOTAL

How to meet the expectations of today’s learner and learning environment?

It is no secret that the global health crisis has led organisations to quickly rethink their existing business processes and undertake several workplace shifts,...

Close big engagement gaps with little things: Appreciation at work

You say “Thank you”. What they hear is, “Please accept my standard, HR protocol-approved format for acknowledging your most recent activity that was intended...

Strategic rewards and recognition best practices

Luminous India realised that a strong rewards and recognition strategy was necessary to build a culture of innovation amongst its employees. Xoxoday helped design...

Employee Benefits & Engagement

POWERED BY VANTAGE CIRCLE

Six must-have employee benefits for remote workers

The concept of remote working has seen exponential growth in the past few years. Even more so with the current pandemic situation. Having to...

7 Employee Engagement Strategies to Adopt Post Lockdown Period

The ongoing pandemic has pushed many businesses into a state of turmoil. Several countries had to initiate lockdown procedures to stop the spread of...

The undeniable link between employee benefits & engagement

With most of the millennials already in the workforce and Generation Z slowly increasing its footprint in the corporate world, Employee Perks and Benefits...

Latest

Historical virtual send-off for Railways staff amidst pandemic

For the first time in the history of the Indian Railways, 2,320 employees who superannuated on July 31, were given a virtual send-off. Amidst...

Blizzard employees share and compare salaries, highlight wage disparity

Blizzard Entertainment staff are revolting over pay, after an internal study meant to ensure fair pay didn't produce the desired results for the workers....

Over 100 contract employees of PEL rendered jobless  

The pandemic has hit businesses hard and the Indian Space Research Organisation (ISRO) is no exception. Contract engineers and technicians who are integral to...

Is it the right time to explore new job options?

Job hunting during the lockdown, when companies are laying off staff or asking them to take mandatory sabbaticals, may seem foolish. The thought of...

DIALOGUE

The right people policy for startups – Madan Nagaldinne

You happen to have worked mostly with large organisations. How different is it working for a startup now? When you have worked for big...
video

“Archaic HR processes force millennials to switch jobs often,” Niti Khosla, lead people analytics...

Friendly and jolly Niti Khosla, lead-people analytics and business impact, Novartis International, is a true HR leader with the ability to understand people and...

“Traditional organisations use ‘startups’ as proxy to build an agile organisation,” Rahul Garg, founder,...

Moglix offers a variety of products from safety and electronics to office tools. The Company aims to make an impact worth $100 billion dollars...