Tag: incentive

Booyoung Group introduces employee incentive to boost birth rate

Booyoung Group, a South Korean construction company, is doing something special to help with South Korea's low birth rates. Lee Joong-keun, chairman, Booyoung Group,...

Borzo’s new referral programme allows delivery partners to earn extra

Borzo, a global delivery service, has launched a new referral programme for its delivery partners, which allows them to earn monetary rewards on referring...

Blinkit changes incentive system, delivery personnel protest

The delivery personnel or partners of Blinkit, the delivery service app, are irked by the way their delivery rates have been reduced because of...

Biz2Credit offers BMW bikes, 40x bonus, cash rewards to top performers

Biz2Credit, the online marketplace for small business funding, has gone all out to make Diwali special for its employees. The Company decided to reward...

Central govt staff can get up to Rs 30,000 incentive

Central government employees who acquire additional and higher qualifications after joining service are eligible for a one-time lump sum incentive. This amount usually ranges...

Matchmaking services, wedding increments for SMI staff

Sri Mookambika Infosolutions (SMI), the Madurai-based global technology solutions company, offers free matchmaking services to its employees. Ever since its inception about 15 years ago,...

“Achieve BMI less than 25, get bonus”: Zerodha CEO to employees

Nithin Kamath, co-founder and CEO, Zerodha, has come up with a unique way to encourage his staff to stay fit and healthy. He has...

JSW offers Rs 3 lakh as incentive to staff for buying...

JSW Group has introduced a new EV policy for all its employees, wherein it is providing incentives up to Rs 3 lakh to promote...

American company to offer 2 houses to its employees as incentive

Florida-based air conditioning and plumbing firm, Mechanical One, has taken employee incentivisation to another level. Instead of giving cars or vacations as incentives, the...

Tata Motors will issue performance shares to staff

Tata Motors will issue performance shares to its employees and the staff of its subsidiaries as part of a long-term incentive scheme. These performance...

How Trident incentivised learning for blue-collar employees

Ludhiana-based Trident Group, which is into manufacturing home textiles and paper, has decided to reward its blue-collar employees in a unique way. It has launched...

Bonuses and promotions at Motilal Oswal, despite disruption by the pandemic

During these times, when companies across the globe are being forced to either lay off their valuable employees or furlough them in order to...

Japanese company offers incentive to non-smokers

A company in Tokyo has come up with an innovative way to discourage smoking. It provides six extra paid leaves to those employees who...

Flipkart employees can sell stock options

Staff of e-commerce giant, Flipkart, will now be able to enjoy an incentive that allows them to sell 10 per cent of their employee...

Facebook encourages employees to help with social causes, offers incentives

American online social media and social networking service company, Facebook (FB), offers incentives to its workforce based on their contribution to social causes and...

Tata Motors to give ESOPS to 200 employees

A new salary structure loaded with handsome incentives has been introduced at Tata Motors to reward the best performers handsomely.

Why incentives fail to work?

What is needed is a moment of insight/self-assessment and not an incentive, to improve performance

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...
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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...

Saudi Arabia upscales ‘Saudisation’ drive with HR jobs restriction

Saudi Arabia has taken a further step in its ‘Saudisation’ labour policy, reserving human resources (HR) positions for Saudi nationals only. This move, announced...

Latest

Government of Jammu and Kashmir cracks down on employee strikes

In a stern move against defiance of previous directives and a recent landmark judgment by the Supreme Court of India, the Government of the...

Salil B Lal rises to head-HR at Maruti Suzuki

In a significant leadership rejig, Maruti Suzuki India has elevated Salil B Lal to the role of head-human resources. Lal has been a part...

ARAPL infuses Rs 38 crore into Arapl RaaS

Affordable Robotics and Automation (ARAPL) has granted funding of Rs 38 crore to its subsidiary, Arapl RaaS, to accelerate its growth and development. Arapl...
DA Hike

Central govt lifts wage rate for MGNREGA workers

The Central government has announced the latest revision in wages for many MGNREGA workers, under the Mahatma Gandhi National Rural Employment Guarantee Act for...

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....
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