Tag: Voluntary Retirement Scheme

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.

Whose duty is to create happy and engaged employees?

In our developing and changing world, one of the most popular concepts of today is undoubtedly employee engagement. Along with the numerical increase and...

Ten key skills required in an age of digital transformation

As a growing number of organisations integrate digital technologies into all aspects of their business, digital transformation has come to be regarded as the...

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Gig workers may be better protected in the US now

The rule that would have facilitated classifying gig workers as independent contractors rather than employees may soon be on its way out, if the...

OckyPocky to create learning programmes for Quess

OckyPocky, an interactive learning app, has tied up with Quess, a global workforce-management company, to create exclusive learning programmes for India’s large pool of...

Directly from campus to WFH: How are the first-time employees coping up

Companies now have a new breed of workers who probably have been working from home ever since they started their work life, and many...

Argentinian company allows employees to set each other’s salaries

At 10Pines, an Argentinian tech firm, salaries are decided thrice a year at the ‘rates meeting’ by the employees themselves! This unique meeting is...

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Binding multi-faceted employees with Titan Values

Titan has different sets of employees for different functions and verticals, ranging from the shopfloor to the retail stores. How do you bring in...

The right people policy for startups – Madan Nagaldinne

You happen to have worked mostly with large organisations. How different is it working for a startup now? When you have worked for big...
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“Archaic HR processes force millennials to switch jobs often,” Niti Khosla, lead people analytics...

Friendly and jolly Niti Khosla, lead-people analytics and business impact, Novartis International, is a true HR leader with the ability to understand people and...