Tag: Voluntary Retirement Scheme

Air India’s non-flying staff can apply for VRS till 31 May

Air India’s non-flying staff can now apply for the voluntary retirement scheme or VRS till 31 May, 2023. Earlier, the deadline for applying was...

VRS offered to Ashok Leyland staff yet again

Ashok Leyland has decided to offer its employees a voluntary retirement scheme (VRS) for the second time. Last year, it had rolled out a...

SBI to recruit 14,000 employees, VRS was not a cost-cutting measure

The State Bank of India (SBI) on September 7 announced that it is planning to hire 14,000 employees during the current year and that the VRS...

Air India to offer VRS, to reduce employee cost and debt...

Air India employees who have been quite uncertain about their future for some time, may now seek voluntary retirement. This will allow the Government...

BSNL to pay out November salaries soon

State owned Bharat Sanchar Nigam (BSNL) is expected to to pay the November salaries of its employees soon, as conveyed by PK Purwar, chairman...

Cummings India announces VRS scheme to cut costs

Cummings India has launched a voluntary retirement scheme (VRS) for its employees as a cost-cutting measure. The scheme is applicable to all professional or exempt...

Telangana RTC to offer VRS, over 49,000 employees will retire by...

It is reported that more than 49,000 regional transport corporation (RTC) employees in Telangana will retire by 2055, as the state government of Telangana...

At least 70,000 BSNL employees opt for voluntary retirement

After suffering delayed salary payments for months, employees of the cash strapped Bharat Sanchar Nigam (BSNL) have welcomed the voluntary retirement scheme (VRS) with...

BSNL and MTNL roll out VRS scheme for employees

Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL) have offered voluntary retirement schemes to its employees. Of BSNL’s 1.50 lakh strong workforce, almost...

Supreme Court verdict on right to VRS

VRS for government servants will require approval from the authority, and the Govt. will have the right to decline the same.

Tata Steel offers VRS with great benefits

The VRS scheme is targeted at the less-skilled employees who are unable to cope with the demands of digital initiatives.

SBI undergoes restructuring: Reduces staff by 6622 and redeploys 10000

The restructuring will save the bank Rs 1160 cr. every year

Top Cognizant executives accept VRS

The Company is attempting to increase its cost margins and revenue growth.

Volkswagen offers early retirement proposal

The move is a part of its initiative Transform 2025+, which aims at cutting the workforce and improving productivity.

Cognizant offers VRS to senior staff: Will cut costs and digitise...

Employees with over Rs 40 lakh in annual salaries or those at the director and senior VP level are being considered. 

Air India to stop post-retirement benefits on VRS

In order to discourage people from opting for VRS, the state –owned airline is getting rid of fringe benefits that come along with VRS.

How this energy company is championing employee inclusivity & engagement

In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...

Trident’s Asmita leaves blossom into inclusive workplaces

Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
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Engagement is outdated: The future of success lies in ‘employee involvement’

In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Tata Steel employee vehicle ban

Tata Steel: Journey through excellence in talent acquisition 

Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...

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Allcargo Gati appoints Sanjay Khiyani as deputy CIO

Allcargo Gati, the express distribution and supply chain solutions company has appointed Sanjay Khiyani as deputy chief information officer. This is furthers the company's...

Karnataka hikes DA for second time in 5 months

In a move benefiting a large section of the state's workforce, the Karnataka government announced a significant hike in dearness allowance (DA) for employees...

DGT to equip workforce in AI with ‘AI for All’ initiative

To ensure a future-ready workforce, the Directorate General of Training (DGT) has entered into a Memorandum of Understanding (MoU) with Future Right Skills Network...

KSRTC releases Rs 84 crores for DA arrears & benefits

The Karnataka State Road Transport Corporation (KSRTC) has disbursed Rs 84 crores to settle outstanding dues of its staff. The announcement made on Saturday,...

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Data analytics and not technology will redefine HR

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EQ, IQ & empathy define the success of a CEO

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“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....
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