Tag: Severance Policy

120 retrenched journalists of ABP and The Telegraph get decent severance...

Journalists who have spent more than two decades have been promised a basic salary till their retirement age.

Layoff at IBM: Severance package reduced to a month

There have been several media reports since the evening of March 2, 2016 on the same. One tech website has reported that the retrenchment could be as big as one-third of the total workforce.

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UAE firms enroled their employees in job loss insurance scheme

A job loss insurance scheme took effect on January 1, 2023 in the UAE, and many companies have registered their employees for it. The...

Sanofi offers VRS to employees in India

French drugmaker Sanofi has announced a voluntary retirement scheme (VRS) for its employees at two manufacturing sites in Telangana, India. The sites, located in...

Hero MotoCorp will allocate 9,285 shares to its employees

Hero MotoCorp, an Indian multinational motorcycle and scooter manufacturer, recently made an announcement regarding the allocation of 9,285 shares to its employees. The value of...

‘People + Performance Winners’ empower their employees better

‘People + Performance Winners’ (P+P Winners) manage to create opportunities for their employees to build skills even while constantly managing to clear the way...

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...