Tag: Bonus

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...

16% bonus for Tata Steel Jamshedpur staff

There is good news for the 2,2871 employees of Tata Steel Jamshedpur. They will receive an increased bonus of 16 per cent this year,...

Junior bankers at Morgan Stanley will earn at least $100,000 now

Morgan Stanley, the American investment bank, has hiked the minimum salary of its junior bankers by $15,000. While the first-year analysts will earn $100,000...

$1,500 bonus for 1.75 lakh+ Microsoft employees

A pandemic bonus of $1,500 has been announced by Microsoft for all its employees, as a gesture of appreciation for their hard work amidst...

Foxconn luring workers with signing bonuses ahead of iPhone 13 launch

Foxconn is offering attractive signing bonuses to its new hires. In fact, it is offering about $1,235 as signing bonus to former employees who...

Special bonus, 75% hike in variable pay, for PwC India staff

After having paid a two-week one-time special bonus to its 15,000-strong workforce in the country in March 2021, PricewaterhouseCoopers India is now giving vouchers...

Google offers bonus, prizes for finding bugs

Now that Android 12 is available on certain phones in a beta version, Google has struck upon a way to clear it of all...

US$40,000 bonus for UBS analysts

Global banking analysts employed with the UBS Group will receive a one-time bonus of US$40,000 on being promoted. This is twice the amount being...

1 month salary as bonus for Bihar frontline healthcare workers

The Government of Bihar has announced a month’s salary as bonus for all its frontline healthcare workers this year. This is in appreciation of...

PwC staff to get bonus to take vacations

PricewaterhouseCoopers (PwC) is offering incentives to its employees in the US to take time off from work and go on a vacation. The auditing...

One-time bonus for Accenture employees

The strong growth experienced by Accenture has led to the information technology company announcing a one-time bonus to all its employees below MD level....

Target will pay $500 bonus to 3,75,000 employees

American retail company, Target, has announced bonuses for its over three lakh-strong workforce. The Company will pay its hourly-wage employees, working at its stores...

Salary hikes for staff in auto sector, business improving

In terms of SUV sales, the Hyundai Motor Group ranked number one in 2020, followed by Kia. Little surprise then that the former gave...

53% Indian cos to hire more, 60% to give increments: Report

While the pandemic led to a dip in hiring activities by 18 per cent in 2020, across India, things seem to be looking up...

Vodafone Idea to give a month’s salary extra to staff

Vodafone Idea (Vi), the telecom giant has been sustaining losses for a few of years now, and has also experienced attrition, with many of...

Over $700 mn will go towards bonuses for Walmart staff

Walmart, the American multinational retail company is paying its employees bonuses which collectively amount to over $700 million. This comes as a compensation for...

Amazon to spend $ 500 million as employee holiday bonus

Amazon.com will pay its employees— who pack and deliver goods — a one-time bonus of up to $ 300. This move comes at a...

Pay hikes for employees of Metropolis Healthcare

Employees of diagnostic company, Metropolis Healthcare, have received their annual increments for the year 2020. The Company has also recruited more than 200 new...

Bonuses galore ahead of Diwali across the country

The Pune Municipal Corporation (PMC) has made special provision for an amount of Rs 80 crore, to pay Diwali bonus to its employees. Despite...

30 lakh CG staff to get PLB worth Rs 3,737 crore

About 30.67 lakh non-gazetted employees of the Central government will receive a productivity-linked bonus for 2019-2020, as approved by the Cabinet. The payment of...

Axis Bank to give 4 to 12% salary hike

Amidst the ongoing pandemic, when most companies are laying off staff or imposing pay cuts, Axis Bank has gone ahead and announced salary hikes....

Employees get option to relocate to smaller cities with pay cut

American financial services and SaaS company, Stripe is doling out $20,000 to its employees if they opt to relocate from Seattle, New York, San...

TATA Steel announces Rs 235 cr bonus for employees, despite loss

Tata Steel has honoured its three-year old commitment to its staff and announced a bonus payment. The Company has said in an official statement that...

Amazon to hire another 100,000 across the US and Canada

Tech giant, Amazon, plans to hire around 100,000 operations executives across 100 new fulfilment centres, delivery stations, sortation centres and other sites in the...

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.

Coaching with emotional intelligence

There is a ‘chicken or the egg’ question when considering Emotional Intelligence or quotient (EQ) as a coaching tool. Must a coach be emotionally...

Latest

Why HR leaders are wary of shorter work week policies

This is truly the best time to be a techie. After all, the IT sector is witnessing a hiring boom, and demand is clearly...

Intel’s data-centric labs to come up in higher-ed institutions, univs

Intel has launched the Intel Unnati Programme, aimed at equipping engineering students across India, with data-centric skills relevant to the industry. Through a network of...

Be an intern at SEBI, earn Rs 45K as stipend

The Securities and Exchange Board of India (SEBI) is offering internship opportunity for financial content writers. It will offer a stipend of Rs 45,000...

Larsen & Toubro Infotech to expand team, take on 5,500 freshers

Larsen & Toubro Infotech (LTI) is gearing to expand its team by 5,500 freshers in the financial year 2022. It is working on increasing...

DIALOGUE

“If CEO is the father of an organisation, CHRO is the mother,” Pankaj Lochan

Q. You have been shuttling between HR and manufacturing roles. Was it a well-thought out strategy or did you just go with the flow...

Binding multi-faceted employees with Titan Values

Titan has different sets of employees for different functions and verticals, ranging from the shopfloor to the retail stores. How do you bring in...

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...