Tag: bonuses

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...

Intel implements pay cuts; CEO to take 25% cut

It hasn’t been long since Intel announced the layoff of about 340 people in California. And now, it is reportedly resorting to pay cuts....

Latest

Uber Freight to sack 3% of its workforce

Uber Freight announced on Tuesday that it will be cutting around 150 jobs, which is roughly 3 per cent of its total workforce. As...

Future Generali India gets Reena Tyagi as CHRO

Reena Tyagi has joined Future Generali India Life Insurance as its new chief human resources officer. Tyagi has been a human resource professional for...

Will global companies offshore cheap labour amidst a slowing economy?

With uncertainty around  economic conditions mounting with each passing day and markets slowing down, globally, companies are experiencing a dip in revenues. Naturally, this...

Subhashis Sinha is now CHRO, TBZ-The Original

After spending over a decade with Asian Paints, Subhashis Sinha has joined TBZ- The Original, as CHRO. An alumnus of IIM Indore and SVKM's Narsee...

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...