Tag: HSBC

HSBC unveils targeted variable pay for junior employees

In an aim to enhance transparency regarding compensation, HSBC is rolling out a new bonus plan for its junior employees. The plan involves assigning...

HSBC enhances parental leave in Hong Kong

HSBC Holdings has increased the parental leave provided to its 20,000 staff members in Hong Kong. The modifications will come into effect in January...

Ina Bajwa elevated to VP-HR at Tata Communications

Ina Bajwa, who was senior director – human resources, at Tata Communications, has now been elevated to the position of vice president – human...

HSBC’s overall bonus pool sees 31% increase

As per the financial statements released by HSBC, the overall bonus pool stands at $3.5 billion, which is a 31 per cent increase compared...

Gameskraft gets Nitin Nahata as its new CHRO

Former global HR director at Tata Global Beverages, Nitin Nahata has joined Gameskraft, a game-development company, as its new CHRO. He will lead the...

Pernod Ricard hires Nitu Bhushan as CHRO, South Asia

Pernod Ricard, the global producer of wines and spirits, has appointed Nitu Bhushan as its CHRO for South Asia. Bhushan will lead the HR...

Permanent WFH for 70% of HSBC’s call centre staff in UK

Over 1,200 employees from HSBC’s call centres across England, Wales and Scotland will be working from home permanently. This is one of the steps...

HSBC to cut 340 jobs, close 82 branches in Britain

As part of a restructuring exercise, HSBC will shut down 82 branches across Britain, during April to September 2021. This will also involve slashing...

4 days of WFH a week for Hong Kong HSBC staff

HSBC, Hong Kong, will allow its staff greater flexibility for work, by allowing them to work at least four days a week from their...

HSBC appoints Nidhi Arora as SVP-HR

Nidhi Arora has joined HSBC as the SVP-HR. Before making this move, she was the director-HR, at S&P Global, an American publicly traded corporation,...

HSBC revives layoff plan put on hold due to lockdown

In February, HSBC had announced a job cut of 35,000. In 2019, Europe’s largest bank had reported a 33 per cent fall in pre-tax...

HSBC announces 35,000 job cuts as profit falls in 2019

Europe’s largest bank, HSBC, has reported a 33 per cent fall in 2019 pre-tax profit, to $13.35 billion after it took goodwill impairment of...

HSBC will see 10,000 job cuts

With tensions in the global markets due to many reasons like the Brexit, HSBC is planning to cut close to 10,000 jobs to cut...

HSBC to layoff staff across North Africa, Turkey, and the Middle...

HSBC Holdings is planning another round of layoffs, wherein hundreds of its employees in the Middle East, North Africa and Turkey may be rendered...

HSBC expected to lay off about 10,000 jobs

HSBC, the British multinational investment bank and financial services holding company, may lay off about 10,000 employees in a major step towards cutting costs....

Zee Entertainment appoints Dheeraj Jaggi as SVP-HR

Zee entertainment has appointed Dheeraj Jaggi as the senior vice president-HR. Jaggi comes with an experience of around 16 years. In his new role,...

E-commerce to create about 12 million jobs in India by 2025

According to the HSBC Global Report, 50 per cent of the expected 24 million jobs, to be created in India in the next decade, may come from the e-commerce sector.

HSBC’s Ram Kumar joins Microland as chief people officer

As head human resources, HSBC Global Resourcing managed 43,000 employees across seven countries in his last role.

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...
Image by studiogstock on Freepik

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...
Tata Steel employee vehicle ban

Tata Steel: Journey through excellence in talent acquisition 

Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...

Latest

Workday acquires HiredScore to enhance talent management with AI

Workday Inc., a provider of cloud-based finance and human resource applications, has announced an agreement to acquire HiredScore, an AI-powered talent acquisition specialist. This...

UK govt simplifies hiring process; no more renewals for sponsor licences

The UK government has announced changes aimed at easing the process for local businesses to hire foreign workers. Effective 6 April, 2024, there will...

Michael D’Ambrose retires, Uma Amuluru appointed CHRO & executive VP-HR, Boeing

Uma Amuluru replaces Michael D'Ambrose as chief human resource officer and executive vice president of human resources, Boeing. D'Ambrose will assist in the transition...

AI monitors employee chats at Walmart, Delta, T-Mobile, Chevron, and Starbucks

Several major companies, including Walmart, Delta, T-Mobile, Chevron, and Starbucks, are reportedly using an AI-powered platform called ‘Aware’ to monitor employee conversations on platforms...

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....
HR DAILY NEWSLETTER
News, trends and analysis, as well as breaking news alerts, to help HR professionals do their jobs better each business day.