Tag: incentive

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

Employee strikes in European countries

On January 25, 2023, at Berlin Brandenburg Airport (BER), all passenger flights were canceled as airport staff walked out because of a dispute over...

Latest

Spotify is planning to cut jobs while Vox Media and MediBuddy layoff employees

Spotify, a music streaming platform, is reportedly planning to lay off some of its employees in an effort to cut costs, according to Bloomberg....

Geetika Mehta is Ananta Capital’s new group CHRO

Ananta Capital has roped in Geetika Mehta as group chief human resource officer. An alumna of XLRI, Jamshedpur, Mehta began her HR journey with Mondelez...

Walmart to increase minimum employee wage for its hourly employees

On Tuesday, Walmart announced that it will increase pay for its hourly employees, showing that there is still a high demand for front-line workers...

Future Generali India gets Reena Tyagi as CHRO

Reena Tyagi has joined Future Generali India Life Insurance as its new chief human resources officer. Tyagi has been a human resource professional for...

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...