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...
Harness.io: Cultivating a talent powerhouse in the tech crucible
The tech scene, be it in India or San Francisco, is equally crucible, fiercely competitive and unforgiving. In both the landscapes, attracting and retaining...
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...
Why are so many H-1B workers in the US switching jobs?
A recent study has revealed that more and more H-1B visa holders in the US are switching jobs. In fact, there was a record...
Latest
Non-compliance to return-to-office mandate results in lower pay hikes for TCS staff
The regular office goers have received better hikes at the tech multinational
Tata Consultancy Services (TCS) reportedly granted pay hikes to its employees based on...
Pragya Misra first to be part of OpenAI team India
Pragya Misra is the first to be hired by OpenAI in India. She will reportedly help with establishing and maintaining government relations as OpenAI...
Kimbal Technologies names Jaya Suri as CHRO
Jaya Suri has joined Kimbal Technologies (formerly Crystal) as its chief human resource officer (CHRO). An alumna of IBM, Suri has completed her bachelor’s...
“Complaining about spouse to their employer disrespectful”: High Court
A couple seeking divorce were chided for the absence of respect in the marriage. The wife had apparently spoken to the husband’s employer and...
DIALOGUE
Data analytics and not technology will redefine HR
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A. It has been a bagful of mixed experiences. At times I have been...
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....
