Tag: Employee Benefits

ICICI rolls out 8% salary hike for its 80,000 frontline employees

Close on the heels of several social-media tweets claiming that ICICI Bank had forcefully terminated some of its employees, the private-sector bank has gone...

Treebo Hotels rolls out paid VRS for 400 employees; founders take...

In a proactive approach to help its 400 employees, Budget hospitality chain Treebo Hotels has launched a paid voluntary resignation scheme (PVRS), owing to...

Employees can submit appraisal forms till June 30, centre extends date

At the time of lockdown and with the appraisal season around the corner, employees can heave a sigh of relief as the Central government...

Healthcare workers in the state to get 4 months advance salary...

While most of us have the privilege to work from the comfort of our homes, the healthcare workers are performing their duties, day in...

Think Employees, Think Customer: Syndicate Bank

While the corporate world is grappling on business continuity amidst the 21- day lockdown, and the fight against coronavirus, here is a PSU bank...

Netflix initiates $100 million relief fund for affected workers and more

Streaming company, Netflix, has set out to create a $100 million relief fund for the laid-off employees and the affected workers across the United...

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...

Urban Company: COVID-19 health insurance and income protection cover to all...

It’s not just the change in brand name that Urban Company has been in the news for recently. The Company, which is counted among...

Coronavirus: Workday extends benefits to its employees

Workday has extended a slew of benefits for its employees amidst this COVID-19 or Coronavirus menace. The company has announced that it will pay two...

Railway employees’ medical benefits may be extended to all adopted children

The Railways may be seriously considering the extension of medical benefits to all the adopted children of its employees. Last year, an NGO had...

Employee Benefits: Are they valued and appreciated?

Many employers feel that their employees do not really understand the benefits that are offered to them. It is hard to believe, but the...

Air India employees to forego benefits/salaries on leaving without serving notice...

An order from the executive director, engineering, warned Air India Engineering Services Limited (AIESL) and aircraft maintenance engineers that if they leave the organisation...

3166 Odisha state-government employees promoted in the last week of December

As per a release from the chief minister’s office, 3166 state-government employees from 39 different departments across 30 districts got promoted in the last...

Group health insurance scheme launched for Bhopal state-government employees

The Government of Bhopal has announced the launch of the Chief Minister’s Group Health Insurance Scheme, which will cover up to 12.5 lakh employees...

Employee engagement: How much has changed in India, in the past...

Engagement at work is highest among employees in India than in other countries reveals a survey. ADP Research Institute’s recent global survey revealed that...

Employee benefits company, Sodexo, funds startup, Zeta

Zeta, a Bengaluru-based startup offering meal and other group benefits to corporate employees, has received funding worth $60 million from French employee benefits organisation,...

Citigroup and Star India do their bit for inclusion and diversity

Citigroup has upheld its inclusiveness mission by ensuring that its employee benefits and policies cover the domestic partners, including live-in partners of all its...

BSNL cuts costs, freezes employee benefits, plans to offer VRS

Bharat Sanchar Nigam Limited (BSNL), the State-owned telecommunications company, which has been reporting losses since 2016, is taking severe measures to cut costs in...

Leave encashment gets L&T employee Rs 19.38 crore

Anil Manibhai Naik, group executive chairman, Larsen and Toubro, whose term as executive chairman had expired in 2017, had been retained as non-executive chairman...

Healthy workforce equals business growth

It is true that an organisation’s growth is directly proportional to its employees’ health. If your employees are ill, they will take sick leave...

How insurance as an employee benefit ensures a happier workforce

Irrespective of how long one stays with an organisation, certain benefits such as a life insurance go beyond the employment term and stay with the person even after they’ve quit.

No fuss employee credit: All you need to know about the...

Offering loans of up to Rs. 1 lakh for up to 1 year, NIRA lets employees in need of finance apply for easy credit, relieving organisations from the not-so-comfortable business of lending

How to leverage corporate offers as employee benefits

The corporate deals offered by numerous brands can be included in the employee benefits plan, making the staff feel proud of being part of the organisation.

Railway employees to get plastic health cards

The new cards for employees, dependents and retired employees will replace the medical booklet cards that have been in use for ages.

The topography of employee engagement

One may argue that a happy employee is an engaged employee, however, these are two entirely different facets and the former may or may not lead to the latter

Now, an AI that can take on the HR’s job

Marcel, designed with people-first benefits and experiences in mind, will keep Publicis Groupe’s 80,000 employees connected to one.

Allahabad Bank, the first PSU bank to offer ESOPs

The bank may issue shares in tranches to employees and will complete the transactions in this financial year. 

Apple gives stock worth $2500 to its employees; plans to hire...

Both full-time and part-time employees of the Company, below the level of director, will be eligible for the bonus stocks.

Indian Railways set to become a better employer

From a shorter and better recruitment process, to hiring retired professionals and paid foreign trips for the non-gazetted staff, Indian Railways is setting new benchmarks as an employer.

Employee benefits ROI calculator app to optimise spending

The app helps evaluate the standard of savings and the impact of employee benefit programmes on retention, absenteeism, recruitment and performance too

L’Oreal committed to providing universal employee benefits

Its Share & Care programme offers benefits covering welfare, parenthood, health and workplace quality of life to all its workers across the globe.

More benefits, rewards & recognition for employees in 2018

With only a 10 per cent increase in salaries in sight for the next year, the way to keep employees contented will be through rewards and recognition.

Flipkart staff to benefit from $100 million ESOP repurchase plan

The share buyback plan could be the largest such programme till date in the Indian start-up sector.

How do PSUs retain & motivate talent despite low packages?

While PSUs offer comparatively lower salary than private players, they offer job security, work-life balance and hoards of other benefits. Is that why employees stay put with a PSU or is it the comfort that makes them linger on? HRKatha reviews the war of talent between PSUs and private companies.

San Francisco improves its lactation policy for workplace

The Ordinance ensures safety and cleanliness in addition to other facilities for lactating women.

Perks unheard: Yearly vacation stipend and four-day weeks during summer

Basecamp provides its employees a $5,000 annual vacation stipend along with shortened four-day, 32-hour weeks during summer.

Sodexo and Zeta come together to create a bouquet of digital...

The partnership will help Sodexo bring cutting-edge technology solutions developed by Zeta to offer a range of integrated employee benefits to its corporate clients.

Working overtime: No cash but time off in return

With the new bill, backed solely by the Republicans, workers will have to forego the extra bucks they could have earned working overtime

Pawternity leave: Unique employee benefit scheme for dog lovers

A Scottish brewer firm, Brew-dog, has literally introduced a week-long paid leave for its staff to be able to bond with their new dogs well.

Vodafone’s ReConnect: A career launchpad for women on break

The programme aims to bring talented women in 26 countries back into the workplace after a career break

Now withdraw pension without Aadhaar card

In a move that will make things convenient for retired professionals, the retirement fund body, the Employees’ Provident Fund Organisation (EPFO), has allowed full and final withdrawal of funds by the subscribers from their pension account, without providing their Aadhaar number.

No tax on Rs 20 lakh gratuity for private employees

At par with the government employees, even private-sector employees will now be able to withdraw up to Rs 20 lakh in tax-free gratuity.

11 out-of-the-box employee benefits that people love

Employee benefits can’t always go by the rule book. It has to have a wider appeal like an ad-campaign.

Business travel, a sought after perk; preferred over high salary

A study reveals that in the past year, 67 per cent of Indian business travellers have extended their business trips, to a different city or country, beating the global average of only 49 per cent.

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.

SAIL trims employee perks as part of cost-cutting

Employees asked to travel by railways instead of airways until there is an emergency.

Tata Steel inaugurates crèche for its employees

A modern and well equipped crèche cum day care facility, Muskaan, is one of the initiatives under the company’s progressive HR policy.

Perks: A way to say you care

Designing a perk is an exercise. In the minds of employees, perks serve as a significant differentiator between companies.

Microland opts for contactless payment solutions for employees’ benefits

The solution, which comes in a card format, is very similar to the Sodexo coupons.

How an organisation encouraged employees to quit smoking

Bengaluru-based Ozone Group has launched a programme urging its employee to quit smoking and lose weight and in lieu of the same, it has offered hefty financial rewards.

How to lead an agile team to success in uncertain times

There is a popular quip doing the rounds on social-media platforms about this whole resetting thing and chances are you may have come across...

Close big engagement gaps with little things: Appreciation at work

You say “Thank you”. What they hear is, “Please accept my standard, HR protocol-approved format for acknowledging your most recent activity that was intended...

Six must-have employee benefits for remote workers

The concept of remote working has seen exponential growth in the past few years. Even more so with the current pandemic situation. Having to...

Latest

Cognizant to follow single promotion cycle from October 1

After suspending promotions in March due to the pandemic, IT services major, Cognizant, has finally decided to roll out its promotions in a single...

6 areas HR professionals cannot afford to overlook anymore

‘People are your greatest asset’. How many times have we heard that? The statement may be overused, but remains true. An organisation’s success is...

Quick Heal to change its performance-management system

Information technology (IT) security services company, Quick Heal Technologies — erstwhile CAT Computer Services — is all set to make a change in the...

Former McDonald’s CEO accused of covering up and lying

Nine months after Steve Easterbrook was ousted from McDonald’s, the former CEO of the fast-food chain has been accused of covering up his misdeeds...

DIALOGUE

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...
video

“Archaic HR processes force millennials to switch jobs often,” Niti Khosla, lead people analytics...

Friendly and jolly Niti Khosla, lead-people analytics and business impact, Novartis International, is a true HR leader with the ability to understand people and...

“Traditional organisations use ‘startups’ as proxy to build an agile organisation,” Rahul Garg, founder,...

Moglix offers a variety of products from safety and electronics to office tools. The Company aims to make an impact worth $100 billion dollars...