Explore the latest Coronavirus news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.
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Despite the lockdown due to coronavirus pandemic, French car manufacturer, Renault India is giving a pay hike of 15% to its employees and promotions for the fiscal year 2021. The company is giving the pay hike to 250 employees and promotions to over 30 executives, with effect from August 2020. The salary hike of Renault […]
Motilal Oswal Financial Services has announced the payment of bonuses and performance-linked variable pay to the entire 6,000-plus employees of the group. Sudhir Dhar, Executive Director – Group CHRO at Motilal Oswal Financial Services Ltd said, “It gives immense satisfaction and comfort that we’ve been able to announce the bonus and promotions even during this lockdown.” He also […]
GMR Group cuts employees’ salaries by up to 50% due to Covid-19, The reduction in compensation is maximum at the highest level. Battling against COVID-19 pandemic, diversified conglomerate GMR Group has revised downwards employees’ salaries by up to 50 percent with effect from May 2020. The reduction in compensation is maximum at the highest level. The Bengaluru-based […]
MakeMyTrip announced that it is laying off about 350 employees due to the global travel ban because of the COVID-19 pandemic. Gurugram based, online travel aggregator MakeMyTrip is laying off around 350 employees, or 10% of its workforce, citing business slowdown due to the global travel restrictions to combat the spread of COVID-19. Group Executive […]
In an exclusive conversation with Suchismita Burman, Chief Human Resources Officer, ITC Infotech India Limited on Talent Strategy during COVID-19 Suchismita Burman is the Chief Human Resources Officer of ITC Infotech India Limited. She brings in 21 years of experience working across Consulting, Corporate HR, CoE, and Talent Business advisory roles across industry sectors. She […]
After global firms like Uber, Airbnb, homegrown food delivery major, Zomato brings out a unique Talent Directory to help its laid-off employees find a new job. Talent Directory is a live list of the laid-off employees to assist the recruitment agencies, hiring managers to browse some of the talented individuals who have worked with Zomato through […]
Tata Steel has confirmed that it will honour all job offers made to new hires. The company has conducted online onboarding of 96 officers, including management trainees over the months of April and May. “We have ensured that all the candidates that accepted their offers for jobs were on-boarded on the date committed to them,” […]
Lockdown 05: Union Ministry of Home Affairs (MHA) issued new guidelines to fight COVID-19 and for phased re-opening of areas outside the Containment Zones, on 30th May 2020. The guidelines would come into effect from June 1, 2020 and would be effective till June 30, 2020. The current phase of re-opening, #Unlock1, will have an economic […]
Accenture has paid bonuses and given promotions to a large section of its employees The time when several industries have deferred or suspended pay hikes and promotions, IT and professional services company Accenture has paid bonuses and given promotions to a large section of its employees. According to an ET report, the payouts have been made over the past few weeks to more than […]
Deloitte to cut 5% of its US workforce amid a slowdown in business caused by the national shutdown in response to the coronavirus pandemic. Job cuts were announced in all-staff calls by the CEOs of the firm’s various divisions. Dan Helfrich, Chairman, and CEO – Deloitte Consulting said on Friday that the cuts will affect […]
The outbreak of COVID-19 has brought upon a standstill situation globally, affecting the lives across the globe in ways, more devastating than a world war. Well, according to the current hesitation of China in the matter of inspection initiated by the US in Wuhan; this idea is being re-established in a stronger way than before. […]
Google has set July 6 the date for its employees to return to office in a gradual, phased manner and has announced to give $1,000 (around Rs 75,000) to each of its workers globally for expenses on necessary equipment and office furniture as they work from home. Alphabet and Google CEO Sundar Pichai said that […]
