Tag: incentive

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

Why a coaching culture and not any other culture?

“Would you tell me, please, which way I ought to go from here?” “That depends a good deal on where you want to get to,”...

Meta to cut costs, freeze hiring, restructure groups

Is Meta experiencing a crisis? That is the question uppermost in the minds of most people as the parent company of Facebook has announced...

Latest

How does the CEO-CFO-CHRO trio drive a talent-first organisation?

The equation seems to have changed. Among the direct reportees to the CEO, the CFO used to be the closest confidante. The reason being,...

Infosys launches digital centre, to create 1,000 jobs in Calgary

Over the next two years, Infosys plans to create 1,000 jobs in Calgary, Canada. This is double the number the Company had originally promised....

Gratuity, leave encashment are components of salary: SC

According to the Supreme Court, gratuity and leave encashment are components of the salary. This ruling went against the argument of the advocate representing...

Metro Cash & Carry’s Payal Nambiar joins Spinny as head-HR

Spinny, a full-stack used car marketplace, which recently turned unicorn, has appointed Payal Nambiar as its new head-HR, to spearhead the HR function. Talking...

DIALOGUE

“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...

“A CEO needs to acknowledge the silent majority who create the company’s fortunes” S...

Q. RPG is a diversified group with businesses spread across sectors and domains. however, its brands have a strong individual identity unlike other business...