Tag: retirement benefits

Amazon drivers to get pay hike, education reimbursement

Amazon wishes to spend over $5,000 on education reimbursement for its drivers. It also plans to provide them financial assistance for a 401(k) investment...

After accepting retirement benefits employee can’t withdraw VRS: Bombay HC

Bombay High Court has held that once an employee accepts retirement benefits from the employer, he or she cannot be reinstated or allowed to...

Medical insurance for retired Air India staff

There is some good news for the retired employees of Air India. They will be covered under the Central Government Health Scheme (CGHS), which...

Retirement and death benefits to Orissa government employees joining after Jan,...

As per the new provision of the NPS, the employees would be entitled to 26 months’ salary at the time of retirement or death during service

Intel implements pay cuts; CEO to take 25% cut

It hasn’t been long since Intel announced the layoff of about 340 people in California. And now, it is reportedly resorting to pay cuts....

Latest

EPFO may amend pension scheme

The Ministry of Labour and the Employees’ Provident Fund Organisation (EPFO) are planning to re-examine the Employee Pension Scheme (EPS) so that it becomes...

CFO highest paid CXO amongst BSE 100 companies

The chief technical officer (CTO) is the second highest paid CXO amongst BSE 100 companies. So, who earns more than a CTO? It is...

Edtech unicorn, Physics Wallah, to expand team by 2500

Physics Wallah, the unicorn edtech firm is hiring at a time when other edtech firms are downsizing significantly. The Company intends to expand its...

Uber Freight to sack 3% of its workforce

Uber Freight announced on Tuesday that it will be cutting around 150 jobs, which is roughly 3 per cent of its total workforce. As...

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...