Tag: Employee Benefits

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.

Zydus rewards all employees with 25% bonus

All employees who were on the company’s payroll on July 31, and are still on it, will be part of this reward programme, which will also include FTEs and contract workers.

Spending on benefits programmes: A futile effort?

A report by Towers Watson indicates that Indian companies are seeing a major gap between the amount they spend on employee benefits and the value they get in return.

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Continuous learning is the key to future success for organisations

The business scenario these days is so dynamic that it is keeping companies on their toes. It’s not just hard to predict where and...

Employee Benefits & Engagement

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Cat naps can increase productivity!

Risposo in Italy, inemuri in Japan or simply siesta in Spain and other countries— call it what you may, but research has shown that...

Make Monday a ‘Fun’ day

The noun 'blues' refers to a 'sad' feeling, and has nothing to do with the colour blue. This feeling may arise from laziness or...

Eli Lilly plays guardian angel to its employees

In the pharma industry, the sales team comprises remote workers. The work of these salespeople generally requires them to travel, usually on two wheelers,...

Latest

Philips’ Smriti Handa joins Reckitt; Mahima K moves to global role

Smriti Handa has been appointed as the regional HR director for India and South Asia, Reckitt Benckiser (RB). Prior to this role, she was...

Employee Assistance Programme—the key to happy workplace

There is an apparent pull and push amongst businesses across industries for one reason— employees. It is a known fact that having the right...

Videocon on the verge of labour unrest

Workers at Videocon Industries’ Aurangabad plant are losing their patience. Not surprising, since they have not been paid salaries for the last 10 months....

Terminated contractual nursing officers sit in protest

Having been terminated from their jobs, contractual nursing officers of Safdarjung hospital, New Delhi, sat outside the residence of Union Health Minister Dr Harsh...

DIALOGUE

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“A true leader is not dependent on title or designation,” Dwarakanath

It was a Friday afternoon, when the HRKatha team got the opportunity to meet a man who is not just a recognised leader but...

“Successful women are ambitious and focussed on their careers,” Shalini Pillay

She understands the imperatives for an organisation from a talent perspective. She possesses the consulting skills required to provide solutions. She is also a...

“Automation will create a multiplier effect in the economy, which people don’t understand,” Ravi...

Automation and the volatile behaviour of workers have brought in a lot of challenges for HR in the changing automobile industry, which is now...