Explore the latest Compensation & Benefits news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.
In a dynamic and competitive job market, companies in India are recognizing the importance of offeri...
According to the exchange filing, Wipro has given , Forty-One Thousand Six Hundred and Sixty-S...
Employees are engaged when they, at a fundamental level, a are valued for their contribution b a...
An Indian multinational corporation that provides information technology, consultant, and business process services, Wipro Ltd has allotted 80,580 equity shares as ESOP. As per the regulatory filings announced by the company, Wipro has allotted 80,580 equity shares to employees under the stock option. The company has allotted 49,652 Restricted Stock units under Company’s Restricted Stock […]
Robust employee reward and recognition programs have always been crucial for attracting, retaining, and supporting high-quality talent and employee performance, but never more so than in wake of COVID-19-incited labour upheavals. The latest Gallup report shows only 36% of employees are engaged at work, and a new study from BCG cites rewards and recognition as […]
Employee benefits refer to non-wage compensation that employers offer to their employees as part of their overall compensation package. Benefits are designed to provide additional value to employees beyond their salary or hourly pay, and can include a wide range of offerings such as health insurance, retirement plans, paid time off, and other perks. Employee […]
Compensation and rewards play a huge role in attracting, motivating, and retaining talent. Consider Abraham Maslow’s classic Need Hierarchy Theory which suggests that everyone is motivated by five essential requirements. While this ofcourse means that different people may be at different levels of each bucket of needs, however, it also affirms that the importance of […]
“Our wellness benefit amount is doubled”, said my niece with a glint in her eyes. Talk to any Gen Z or a Millennial and they prefer a compensation package that fits their ever-evolving needs; and as we know, everyone’s needs and preferences are different. Therefore, for an organization to attract the best talent, they need to […]
The COVID-19 pandemic has had a significant impact on the compensation landscape, with several notable changes taking place. The pandemic forced many organizations to adopt flexible work arrangements, such as remote work or flexible schedules, in order to maintain business continuity. As a result, many employees have come to expect more flexibility in their work […]
In today’s rapidly changing business environment, designing a compensation package that drives performance has become a critical challenge for organizations. This refers to the tangible reward given to employees in recognition of their time, hard work, and impact on the company. A thoughtfully crafted compensation system is vital to attract and retain top performers. It […]
An Indian e-commerce company, Flipkart announced a one-time discretionary cash payout of as much as $700 million to almost 25,000. These benefits will be provided to its former and current employees, who hold employee stock options. The top 20 employees of the company the most senior and early staffers will be getting as much as $200 million […]
We live in a yo-yo world. Great resignation was the biggest headline in the HR world just a few months ago and now it’s the great “deprecession”. If only there was a crystal ball to gaze through and understand which side of the spectrum we stand. Is it depression or recession or a bit of […]
India’s largest passenger airline, IndiGo has hiked the salaries by 8% for the second time in 2022. This will be effective from August 1. However, even after Thursday’s 8% increase, the salaries remain lower than the pre-Covid levels. IndiGo has also decided to restore overtime allowance for pilots to the pre-Covid level. Earlier, the airline […]
A well-diversified real estate brand, ELV Group has announced to praise its decade-old employees for completing a decade with the firm. The company’s management decided to reward residential apartments to employees who have served for more than 10 years, ranging around 1250 sqft. These rewards were presented to the employees for being a part of […]
India’s second-largest IT services provider, Infosys announces bumper salary hikes, promotions, and bonuses to its employees to deal with rising attrition. According to media reports, Banagluru-based- IT major plans to offer an average rise of 12-13 percent to its employees in India. The company also plans to give high-potential employees a hike up to 20-25 […]
