Tag: employees
Godrej allots equity shares under Employee Stock Grant Scheme, 2011
On 4 October 2023, Godrej Industries announced its employee stock grant scheme, 2011 (ESGS 11). The nomination and remuneration committee of the board of...
Meta makes 3 days in office compulsory for staff
Meta employees have begun returning to office. The employees at the parent company of social platforms such as Facebook, Instagram and Trends will now...
IIFL finance announces ESOPs for top performers in workforce
On 4 September 2023, IIFL Finance announced the launch of a employee stock ownership plan (ESOP) scheme valued at Rs 180 crore, which is...
New labour laws mandate payment for excess unused leave
A set of four labour laws poised for implementation will usher in significant changes across various employment sectors. Once these laws come into effect,...
240 to be laid off at Pegasystems in 2nd round of...
Pegasystems, a global software corporation, has announced its second round of job cuts in the current year, amounting to approximately four per cent of...
What are the effects of ’quiet cutting’?
‘Quiet cutting’ has emerged as a nuanced approach to workforce management thanks to the workforce dynamics of today. Unlike traditional employee layoffs, quiet cutting...
Amid funding boost, Go First paid employee salary dues
On August 28, 2023, Go First Airlines, currently in crisis, paid its employees their full June salaries ahead of Ganesh Chaturthi and Raksha Bandhan.
This...
DA for central govt employees likely to increase by 3% points
The current dearness allowance (DA) or dearness relief (DR) rate for central government employees and pensioners, respectively, is 42 per cent. In all possibility,...
7% salary increased for Tetley employees
Roughly 200 employees working for Tata Consumer Products, the manufacturer of Tetley goods for Canada and the UK, have agreed to a seven per...
KSRTC resolves pending dues dispute
KSRTC has decided to finally clear the payment dues of July by August 22. The timing coincides with Onam. Previously, the Indian National Trade...
Saudi Arabia to introduce new fines, penalties for labour law violations
Employers in Saudi Arabia can now face fines following the introduction of new penalties and sanctions.. As per a report by the Saudi Gazette,...
How can HR navigate data-privacy compliance in the organisation?
In an era where data breaches and privacy concerns dominate headlines, businesses worldwide face increasing scrutiny over their data-handling practices. For HR leaders, safeguarding...
Amazon employees secretly removed negative reviews for third-party sellers
According to recent reports, certain Amazon employees have been involved in assisting third-party sellers delete negative reviews about their products. These employees were allegedly...
Govt employees anticipate 50% DA hike as labour ministry announces AICPI...
Today, July 31, 2023, the labour ministry is set to announce the AICPI index as a result of which the central government will review...
Employee equity allotments: Mahindra Lifespaces and ITC
On July 26, 2023, Mahindra Lifespaces announced the allocation of 16,666 new fully paid-up equity shares, each with a face value of Rs 10,...
Wipro’s Capco India implements garden leave amid HSBC’s reduced collaboration
According to a report from Times of India, Wipro's subsidiary, Capco India, has placed some of its employees on a transitional leave called ‘garden...
Twitter birdie flies away, replaced with new logo
Social media micro-blogging platform Twitter’s identity has been associated with the little blue bird ever since its inception. However, Elon Musk, owner, Twitter, and...
BYJU’s Episode: A case of mismatch in performance expectations between leadership...
Recently, a video has been circulating on social media in which a BYJU's employee is seen confronting the leadership about work practices within the...
Telangana govt announces second round of PRC for govt employee salaries
The Telangana government is currently making preparations for the second round of the pay revision commission (PRC), which is a crucial step in studying...
What are the underlying effects of productivity theatre?
A workplace full of busy employees poring over documents, or staring into their screens, crunching data and chasing deadlines is a treat to the...
Bihar Govt dismisses 70 health department employees over appointment irregularities
On July 17, 2023, the Bihar government took decisive action and terminated the employment of 70 health department employees assigned to various regions in...
Private sector compensation surpasses public sector: ICICI Securities report
According to a recent report by ICICI Securities, the compensation of employees (CoE) in the private corporate sector has surpassed that of the public...
Former employees of Twitter Africa abandoned without severance pay
Former employees of Twitter Africa in Accra, Ghana, who were laid off after Elon Musk's acquisition, claim they have been ‘ghosted’ by the company....
Deutsche India to hire thousands of employees
Deutsche India, the largest technology centre of German investment bank, Deutsche Bank, has decided to expand its operations in India and to hire thousands...
Amdocs to lay off 2000 employees in cost-cutting move
Amdocs, a software and communications service provider, plans to lay off approximately 2,000 employees, or 6.5 per cent of its total workforce. The decision...
Educate employees on effective use of AI instead of banning it
Recently, Samsung reportedly banned the use of generative artificial intelligence (AI) tools after it was discovered that employees had uploaded sensitive code to the...
How this energy company is championing employee inclusivity & engagement
In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...
Trident’s Asmita leaves blossom into inclusive workplaces
Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
Harness.io: Cultivating a talent powerhouse in the tech crucible
The tech scene, be it in India or San Francisco, is equally crucible, fiercely competitive and unforgiving. In both the landscapes, attracting and retaining...
Engagement is outdated: The future of success lies in ‘employee involvement’
In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
H-1B visa holders can fight visa-denial case if employers commit fraud
If Indian H-1B visa holders find that their visa is about to be revoked just because their employer has been found to have indulged...
Latest
Starting June 2024, UBS will implement layoffs in 5 waves
UBS, the Swiss banking firm, is implementing cost-cutting measures. As part of this exercise, it will lay off people from its workforce in five...
Google’s warning to protesters: Rethink disruptive behaviour
Recently, Google fired 28 employees who participated in sit-in protests against the company's controversial $1.2 billion contract with Israel. The tech giant took a...
How Poonawalla Fincorp fosters a culture of employee centricity
Poonawalla Fincorp stands out for its unorthodox approach. Here, success isn’t solely measured by the bottom line; it’s about cultivating a symbiotic relationship where...
Time to give traditional productivity metrics an overhaul
Imagine a bustling office where traditional productivity metrics reign supreme, where sales numbers, units produced and hours worked are meticulously tracked and analysed. However,...
DIALOGUE
Data analytics and not technology will redefine HR
Q. How satisfying has been your professional journey of 39 years?
A. It has been a bagful of mixed experiences. At times I have been...
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....
