Tag: Bonus

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...

Shell earns bumper profits, gives 8% bonus to staff

There is much reason for the 82,000-strong workforce of Shell to rejoice. The energy company has witnessed record profits, and has decided to give...

Attrition rate at HCL Tech increases to 23.8%, net profit up...

As on 30 June 2022, HCL Technologies reported an attrition rate of 23.8 per cent. This is kind of alarming since the attrition rate...

Rolls-Royce workers reject £2,000 cash bonus

Thousands of Rolls-Royce employees have rejected the auto giant’s offer of £2000 cash benefit, citing that the money is far too less to enable...

Jet Airways’ employees unhappy with resolution plan, call it ill planned

The employees of Jet Airways feel the Airline is forcing them to waive off the pending payments that they are owed, especially gratuity, bonus...

Infosys staff can expect at least 12% hike in salary

It is time for employees at Infosys to cheer. The IT major has decided to grant an average salary hike of 12 to 13...

“Achieve BMI less than 25, get bonus”: Zerodha CEO to employees

Nithin Kamath, co-founder and CEO, Zerodha, has come up with a unique way to encourage his staff to stay fit and healthy. He has...

HSBC’s overall bonus pool sees 31% increase

As per the financial statements released by HSBC, the overall bonus pool stands at $3.5 billion, which is a 31 per cent increase compared...

HCL waives off refund of advance variable payout after outgoing staff...

Early this month, 1400-odd outgoing employees of Indian tech multinational, HCL Technologies, approached Nascent Information Technology Employees Senate (NITES) with a grievance. These employees were...

Apple postpones ‘return-to-office’, offers $1,000 bonus for WFH expenses

Close on the heels of making masking mandatory again at all Apple retail stores in the US and temporarily closing locations due to the...

Google grants $1,600 bonus to employees

Google will provide a one-time cash bonus of $1,600 or equivalent value, to the extended workforce and interns. The bonus is expected to be...

IT company to provide new hires cryptocurrency as onboarding bonus

In a bid to attract top tech talent, Tangentia, Toronto-headquartered global digital transformation company, has announced that they it would be doling out new...

Google’s contract workers fight against bonus cut

About 250 contractual workers working for Google’s data centre raised their voices against a bonus cut. These temps were promised a weekly bonus of...

BEST & BMC staff receive surprisingly high bonus

This year, the 9 lakh-strong workforce of Brihanmumbai Municipal Corporation (BMC) and 34,000-strong workforce of Brihan Mumbai Electricity Supply and Transport (BEST) received the...

Rs 28,000 bonus for staff of Manganese Ore India

With Diwali around the corner, the Central government has announced a special bonus of Rs 28,000 for the staff of Manganese Ore India Limited...

Classplus offers ‘ReSOPs’ as referral bonus to staff

Classplus, the three-year old mobile platform that helps coaching institutes, teachers and content creators launch their online teaching apps, has announced its first ever...

£50 bonus to Amazon staff for punctuality

With the festive season round the corner, employees of Amazon in Britain are being offered a bonus of £50 a week, provided they show...

Piedmont Airlines offers captains $30,000 as retention bonus

Piedmont Airlines is offering its present and new pilots more than $180,000 in retention bonuses. The Elevate Pilot Careers programme is being offered by...

Amazon offers $3000 bonus to attract talent at new facility in...

In the war to attract talent, Amazon is offering a $3000 bonus to workers at its new facility in Wilmington, Delaware. As per a...

Southwest Airlines to fill 4,500 posts, offers attractive referral bonus

Southwest Airlines is keen to hire quality talent for about 4,500 posts, but is struggling to find suitable candidates. It is offering referral bonuses...

Google employees  protest against mass layoffs

Google, the tech giant, recently fired approximately 12,000 employees in January, which resulted in protests from workers in both the US coasts. The workers...

Latest

1000s of employees protest for raising wage & regularisation demand: Punjab

On Sunday, a large group of state government employees, including contract, outsourced, and regular employees, gathered outside the Sangrur deputy commissioner's office to protest...

Akash Chauhan joins Chaayos as head HR

Akash Chauhan announced his move to Chaayos as the company’s new head of HR on Wednesday, February 1, 2023 via linkedin. Chauhan has been an...

Bangladesh Government to review salary for garment workers

The Bangladesh government is preparing to evaluate the minimum monthly salary for garment workers. The Department of Labour, under the Ministry of Labour and...

Pension reforms being pushed forward: France goes on strike

A nationwide strike on Tuesday marched in opposition and caused disruptions in French public transportation as protests took place across the country in response...

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...