Tag: compensation and benefits

AMC CEO asks for salary freeze in 2023 as shares fall

Amid a sharp drop in the company’s shares, CEO of AMC Entertainment, Adam Aron, has asked the AMC board to freeze his compensation next...

Satyajit Tripathi joins Tata 1 mg as director – HR

Tata 1 mg, the healthcare platform, has roped in Satyajit Tripathi as the director – HR. Before moving to the Company that provides various...

Meenakshi Priyam joins udaan.com as group CHRO

Meenakshi Priyam has joined udaan.com— a B2B trade platform, created specifically for small & medium businesses in India — as group CHRO. She has...

How Lupin is restructuring its compensation & benefits

Pharmaceutical major, Lupin, is currently restructuring its compensation and benefits. The process will lead the Indian multinational towards a ‘Total Rewards’ system, which will...

Wipro Consumer Care and Lighting moves from annual to quarterly-incentives plan

The unprecedented pandemic has had a major impact on businesses — whether established or startups — across the globe. Almost all organisations have been...

Gravity Payments repays staff who took voluntary pay cuts

During the pandemic, when organisations were laying off employees or deducting their salaries in trying to battle the financial burden, around 200 employees of...

Walmart offer $300 bonus to its hourly employees, will recruit 150,000...

Retail company Walmart, has announced cash bonuses to its full-time and part-time hourly employees in the US, for working amid the coronavirus pandemic. The...

Cognizant is Top Employer 2019 in Europe, Asia-Pacific and Latin America

American multinational IT services provider, Cognizant, has been certified as a Top Employer for 2019, not only across 10 countries of Europe, but also...

Nitin Sansare of Reliance to join Tata Motors as comp &...

With over 20 years of experience, Sansare is an expert in manpower planning, compensation, rewards, and performance management, among other things.

Coca-Cola India rejigs its senior HR team

Sameer Wadhawan, vice-president, human resources, will now head franchise capability and business transformation. Manu Narang Wadhwa, from American Express, will replace him as head-HR.

Reliance Capital offers ESOPs worth Rs 150 Cr.

This effort is aimed at retaining and incentivising key employees for their contribution to the growth and profitability of the company.

Employee wellness: A business priority not just people’s imperative

India’s employee health benefit programmes include dependents, which makes them stand apart from other countries’ benefits in the Asia Pacific region

How Aircel survived the worst

Aircel, a top -down organisation in terms of compensation and benefits, turned the pyramid upside down only to discover that it worked wonderfully in its favour!

Increase in retirement age to 64 is unalterable: French Labour Minister 

On February 1, 2023, the French Labour Minister, Oliver Dussopt, declared that the increase in retirement age to 64 is unalterable. This statement came...

Latest

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...

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...

Air India deducts salary of employees for not vacating staff quarters

Air India began deducting the pay of employees who have not left their company-provided housing in Vasant Vihar, Delhi and the Air India Colony...

Wages of Pak government staff may suffer, IMF refuses funds

The International Monetary Fund (IMF) has refused to provide financial aid to Pakistan, which is currently experiencing a severe economic crisis, at a time...

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...