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