Tag: Financial Aid

TresVista announces Rs 10L for family of deceased employee

While most companies are offering financial aid, medical insurance and vaccination to all their employees and their families, TresVista is offering aid to even...

Unemployment peaks in the UK, more aid expected from finance minister

As people of Britain wait with bated breath for the March 3 budget statement, it is expected that Rishi Sunak, finance minister of the...

13,000 may be laid off by American Airlines

American Airlines may have to lay off 13,000 employees. The Airline is not hopeful about air travel picking up or business recovering any time...

British government offers financial aid to save jobs amidst 3rd lockdown

With the country in lockdown for a third time, the British government has offered additional help to the retail, hospitality and leisure sectors to...

State rescues MSRTC, offers Rs 1,000 crores to pay staff salaries

The Maharashtra State Road Transport Corporation (MSRTC) has received aid from the state government in the form of a Rs 1,000 crores package to...

Indian government to rescue BSNL and MTNL

It is reported that a bailout plan costing Rs 73,787 crores by the Government of India will help Bharat Sanchar Nigam (BSNL) as well...

Stalemate between pilots and management of Jet Airways to end

Following a financial crunch, Jet Airways had not been disbursing salaries to its pilots on time. The situation had spread a lot of discontentment...

Flipkart Employees will get financial aid to fulfill their personal dreams

The company believes that only happy employees can be more productive and in sync with company goals.

ExxonMobil hikes pay for CEO, CFO, senior VPs

Exxon Mobil Corp XOM.N has decided to raise the base salaries — that make up 10 per cent of overall compensation — of its...

Latest

Amazon may let go hundreds in India as it closes verticals

Amazon India is expected to render hundreds of people jobless as it winds up Amazon Distribution, its wholesale e-commerce website. The e-commerce company is...

Should employers steer clear of frequent job hoppers?

There was a time when it was common practice for people to spend their entire careers at the same organisation. Today, a constantly- changing...

Change of guard at P&G

Procter & Gamble has announced the elevation of Bala Purushothaman to global CHRO. He will be stepping into the shoes of Tracey Grabowski who...

Teachmint lays off 5% of its workforce

Teachmint, an Indian edtech startup has decided to lay off 45 employees, that is, about five per cent of its total workforce. Without disclosing...

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...