Tag: Employee Benefits

Zimyo launches employee benefits platform for financial wellness

Zimyo, the unified human capital management platform, which offers robust HR and payroll solutions, has now forayed into the embedded finance space. It has...

TOI & ET announce second round of pay cuts

Bennett, Coleman and Company Limited (BCCL) has now announced the second round of pay cuts, taking journalists by surprise. The employees of The Times...

Parents at IBM, US, may work 100% remotely till schools reopen

Tech major, IBM, anticipates its US workforce following a hybrid model of work post pandemic. It expects about 80 per cent of its staff...

Volvo bats for gender equality, introduces 6 months’ paid parental leave

Volvo Cars has announced six months of paid parental leave, which can be availed by all those employees from its 40,000-strong workforce who have...

Sodexo Meal Pass for 100,000+ employees of Amazon in India

In a bid to improve employee experience, Amazon India has offered Sodexo’s digital meal benefits, powered by the Zeta platform, to its over 100,000...

Employees need to hit the ‘pause’ button once in a while

Gone are the days when unused sickness leaves were carried forward by employees to the next year. Times are such that organisations are surprising...

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.

How personalised & curated digital learning is the recipe for successful...

Personalised and curated digital learning can help create time-efficient, relevant and targeted corporate training programmes. In an evolving business landscape, learning and development (L&D) and...

Make mental health a part of your return-to-work plan

While people typically tend to resent change, the past year and a half has been fraught with changes and challenges, which were unavoidable. We...

Competing with Self

Job seekers can stay in Germany for 6 months to hunt...

The job-seeker visa for the Country is a long-term residency permit, which allows applicants six months to hunt for a job, and grants them...

Latest

‘Invest 10% of salary in MF’: SEBI to junior staff of asset management companies

Securities and Exchange Board of India (SEBI) has issued a new circular, which states that junior employees of asset management companies will have to...

Smallcase offers remote work, flexitime, WFH allowance to staff

Employees of smallcase, the capital markets-focused fintech startup, will now enjoy more flexibility and work-life balance. Keeping the best interest of its employees in...

Royal Enfield lays off 100 as part of performance review

Earlier this month, Royal Enfield launched its Classic 350 and made headlines by starting to deliver the enhanced and upgraded model to its customers....

Make mental health a part of your return-to-work plan

While people typically tend to resent change, the past year and a half has been fraught with changes and challenges, which were unavoidable. We...

DIALOGUE

“If CEO is the father of an organisation, CHRO is the mother,” Pankaj Lochan

Q. You have been shuttling between HR and manufacturing roles. Was it a well-thought out strategy or did you just go with the flow...

Binding multi-faceted employees with Titan Values

Titan has different sets of employees for different functions and verticals, ranging from the shopfloor to the retail stores. How do you bring in...

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...