Tag: Bonus
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...
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...
H-1B visa holders can fight visa-denial case if employers commit fraud
If Indian H-1B visa holders find that their visa is about to be revoked just because their employer has been found to have indulged...
Latest
Pragya Misra first to be part of OpenAI team India
Pragya Misra is the first to be hired by OpenAI in India. She will reportedly help with establishing and maintaining government relations as OpenAI...
Granting childcare leave is Constitutional duty: SC
The Supreme Court recently observed that denying childcare leave or CCL to women is a violation of Constitutional Duty. It stated that childcare leave...
Harleen Kaur takes on CHRO role at APEX Acreages
Harleen Kaur is CHRO, APEX Acreages with her appointment being implemented with effect from February 2024.
Singh brings to the table more than two decades...
Kimbal Technologies names Jaya Suri as CHRO
Jaya Suri has joined Kimbal Technologies (formerly Crystal) as its chief human resource officer (CHRO). An alumna of IBM, Suri has completed her bachelor’s...
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....
