Tag: bonuses
Walmart announces significant salary raise & bonuses for store managers
On 18 January 2024, Walmart announced that it will raise the annual average salary and bonus for US store managers. The decision will become...
IndiGo rewards employees with salary hike, bonuses
IndiGo, India's largest domestic airline, has recently announced a salary hike for its pilots and cabin crew. This comes after the airline posted a...
Tesla cuts bonuses but raises starting salaries
It is clear that Tesla's direct sales model makes it possible for the Company to control and handle its employees’ compensation, in the sales...
Bonuses, BMW bikes, cash rewards for Biz2Credit staff
Biz2Credit, the online marketplace for small business funding, is all set to give bonuses, BMW bikes, cash rewards and other perks to its staff...
Apple’s suppliers luring workers with attractive bonuses
Suppliers of Apple in China are prepping to meet the surge in demand that is anticipated following the upcoming launch of the iPhone 13...
Wipro to accelerate hiring, take on 30,000 freshers by 2023
In an endeavour to counter the increasing attrition level at Wipro, the information technology major is planning to hire more freshers, even as demand...
1.6 lakh Cognizant employees to get merit increments
Cognizant will reward its staff for their “professionalism, perseverance and client-centricity,” by giving out bonuses, promotions and merit-based increments, despite the challenges posed by...
ZS to expand India team by 3,000
The 5,500-strong workforce of ZS in India will soon see an addition of 3,000 new hires. The global professional services company is looking to...
Kia workers to strike again; GM Korea, union accept 2nd contract
Workers unions in South Korea are trying to stifle worker protests that continue, demanding pay increase, improved work conditions and job security, resisting the...
Reimbursements fell 27% in April-June, rose 55% in July-Nov for startups
Remote working during the pandemic led to a 27 per cent decrease in the employees’ out-of-office expenses in startups, in the April to June...
Future Generali gives out increments to all employees
Amidst the growing economic pressure brought about by the pandemic, the employees of Future Generali India Insurance Company (FGII) have reason to celebrate. The...
How effective are financial rewards for learning?
Every good organisation will have a learning and development programme in place to help its employees grow and contribute in greater quality. However, getting...
Average salary increase in Indian IT services companies expected to fall
In the last few years, the average salary hike in IT services companies, that majorly depend on outsourced work, has been four to six...
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...
Freixenet to cut 80% roles
In a stark response to the relentless drought crippling Catalonia's Penedes region, Freixenet, the Spanish cava (wine) producer, unveils a drastic plan. The company...
Latest
Why did Microsoft’s director-L&D lose his job?
Why does Jeff Bogdan’s status on LinkedIn say ‘#OpenToWork’? Well, Bogdan who was the director of learning and development (L&D) at Microsoft, has been...
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...
Elon Musk issues apology over low severance packages
In an email sent to his employees,Elon Musk, CEO, Tesla, has formally apologised for what he termed as "incorrectly low" severance packages. This comes...
Polmor Steel to expand in Telangana, create 100 more jobs
Polmor Steel, a wholly-owned subsidiary of the Polish company Polmor is gearing to expand in Telanga, where it already has facilities in the Automotive...
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....
