Tag: employees

8.15% interest rate on EPF deposits for 2022-23: EPFO

From 8.5 per cent in 2020-21, the Employees’ Provident Fund Organisation (EPFO) had lowered the interest rate to 8.1 per cent in 2022. Now,...

Air India sets aside up to 200 crore worth severance pay...

Air India, a Tata Group-owned airline, is reportedly offering a voluntary retirement scheme (VRS) to almost 2,000 employees and has assigned up to Rs...

Does it take role models to retain employees?

Employee retention is a critical aspect of any organisation's success, but many companies are struggling to keep their employees engaged and committed to their...

Air India launches second phase of VR scheme

Air India, which was acquired by the Tata group in January 2022, has announced a second round of voluntary retirement schemes (VRS) for its...

‘Googlers’ in Zurich stage walkout to support laid-off colleagues

In support of their colleagues who were laid off globally, about 250 Google employees in Zurich recently staged a walkout. The protesters are urging...

UK employees maintained  productivity while enjoying a 4-day work week 

In a landmark trial, dozens of British employers  experimented with a four-day working week between June and December 2022, with overwhelmingly positive results.  The trial,...

“Starbucks illegally threatened and terminated staff”: NLRB

Starbucks, the popular coffee chain, has been found guilty of engaging in unfair labour practices by the National Labour Relations Board (NLRB). The NLRB, a...

DA hike for employees approved: Telangana government 

On January 23, 2023, the government of Telangana approved the release of a single installment of dearness allowance (DA) for all government employees and...

TCS modifies appraisal system, motivates staff to ‘return to office’

Business Today has reported that Tata Consultancy Services (TCS), India's largest IT services company, has modified its evaluation system to include a component for...

100% variable pay for junior, mid & senior employees: TCS

Tata Consultancy Services (TCS), India's largest IT services company, has announced that all employees at or below the C2 grade will receive 100 per...

If line managers are provided with HR intelligence, tools & services

With the advancements in technology, modern organisations and leaders are able to utilise IT tools and services to enhance their performance and increase the...

5% workforce laid off: Sequoia, Accel, and Qualcomm-backed Bounce

Bounce, an electric 2-wheeler manufacturer and scooter rental company, has reportedly laid off around 5 per cent of its workforce, or about 40 to...

UAE unemployment scheme comes through: Failure to register will attract fines

According to the Khaleej Times, UAE employees will have to pay a hefty penalty amount if they don’t register in the involuntary loss of...

Launch of eHRMS 2.0 for central govt. employees

Union Minister Jitendra Singh announced the launch of the new eHRMS 2.0 toolkit for central government employees on Sunday. E-Books on major initiatives and achievements...

UAE extends Golden Visa to attract more employees

To get more workers, the United Arab Emirates is extending the Golden Visa programme. This includes scientists, researchers, and skilled professionals. Senior scholars and...

Moonlighting not legal, says Centre

On 19 December 2022, the minister of state for labour and employment informed the Parliament that employees should not do or take up any...

Employers in Finland have until December 31 to check for noncompetition...

Employers in Finland have until December 31, 2022, to check for noncompetition restrictions in pre-2022 employment contracts. Furthermore, if required, to waive them before...

Why Future Generali staff walked in the shoes of the specially...

A lot has been said about how people should be empathetic towards the specially abled and how they should be treated as equals. However,...

Employees with low ambition – Boon or bane?

Having worked at the same IT Company for 11 years, Rohan Pandey, a back-end web developer, was the go-to person for most rookies on...

How unceremonious layoffs impact employee trust

There seem to be distressed and anxious employees all around us. What with big giants such as Amazon, Twitter, Netflix, Facebook’s parent company Meta,...

How the onboarding of CXOs is different from other employees

The onboarding of employees is doubtlessly the most crucial part of the recruitment process after sending out the appointment letters. Companies have started realising...

Here’s what Meta is offering to its 11K severed employees

Sixteen weeks of base pay plus two additional weeks for every year of service, with no cap is what Meta, the parent company of...

90% Twitter employees lose job in India

In the current round of layoffs taking place at Twitter, about 90 per cent of employees working in India have been shown the exit...

12% employees took 1-3 days off in 6 months due to...

Are your employees increasingly taking leaves due to some pain or the other? Have you noticed your team members complaining of frequent headaches, neck...

How to eliminate gaps between employees and their immediate bosses

The differences between employees and their managers can be easily done away with if the managers are adequately trained in this area Employee retention has...

Why should companies maintain parity in employees’ Diwali gifts?

Corporate gifting in India has reached another level with organisations trying to outdo each other in choosing the most creative and useful gifts for...

559 job cuts at Microsoft’s Seattle office

Microsoft has recently made headlines for laying off 559 employees from its offices in Bellevue and Redmond, Washington. The announcement was made by the...

Latest

Twitter’s source code leaked; concerns over vulnerabilities and insider risk

Twitter is in hot water after its source code was reportedly leaked, with the company suspecting a former employee of being behind the breach....

10% of NPR workforce laid off as revenue declines

National Public Radio (NPR) cut 10 per cent amid the declines in the company’s revenue, reported The New York Times. Apparently, the company is...

Leaked email from Mark Zuckerberg surfaces online

A leaked email from Meta CEO Mark Zuckerberg has recently surfaced online, which asked an employee to resign due to inaccurate information about the...

Tesla faces trial again over compensation dispute

On Monday, the San Francisco federal court decided the amount of compensation Tesla Inc (TSLA.O) has to provide to a Black elevator operator. The...

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...