Industry: HR News, Trends & Workplace Insights

Explore the latest Industry news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.

Updated on: Jul 2021
What’s TCS plan to bring employees back to the office?
Industry

What’s TCS plan to bring employees back to the office?

Tata consultancy services (TCS) is working on a plan to bring more employees back to the workplace. As the second wave of COVID-19 subsides and vaccination has picked up, most of the companies around the world are working on plans to bring their employees back to the office. Ofcourse, it’s not going to be like […]

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Citigroup Inc to raise base pay for junior bankers – memo
Industry

Citigroup Inc to raise base pay for junior bankers – memo

Citigroup Inc will lift the base salaries of its junior investment bankers, according to an internal memo seen by Reuters days after media reports of a similar move by rival JPMorgan Chase & Co. The memo, dated Friday, said the salary raises for program vice-presidents, associates and analysts in the Wall Street firm’s banking, capital markets and […]

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Deloitte employees will decide when to return office & work arrangements
Industry

Deloitte employees will decide when to return office & work arrangements

The consultancy firm, Deloitte said that once state-based restrictions have been lifted, employees will choose when they return to the office and what hours they will work. According to reports, Deloitte has done away with specific start and finish times. Even more, there is no set number of days employees will be required to come into the […]

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MakeMyTrip rolls out mandatory paid offs for employees this year
Industry

MakeMyTrip rolls out mandatory paid offs for employees this year

Online travel company, MakeMyTrip on Thursday said it has introduced mandatory paid leave for employees as part of its initiative to help them reset and recharge amid the COVID-19 pandemic. As part of its wellness initiatives during the pandemic that altered the way we live and work, the company has announced mandatory paid time off […]

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Apple is Bullish on Three Days a Week, Hybrid Work Model
Industry

Apple is Bullish on Three Days a Week, Hybrid Work Model

According to media reports, Apple is bullish on its Hybrid Work Model that will require most employees to return to the office three days a week starting in early September. According to Video Messages, fully remote positions will be extremely limited. “We believe that in-person collaboration is essential to our culture and our future,” said […]

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Uber offers a more flexible return-to-office plan now
Industry

Uber offers a more flexible return-to-office plan now

Announcing earlier that its employees would be required to come back to the office at least three days a week, Uber is backtracking at present. Now, the company will give its global office workers the option to apply for fully remote work or choose from a list of other offices instead of their pre-pandemic location, […]

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Tata Motors to reward its employees with Performance Shares
Industry

Tata Motors to reward its employees with Performance Shares

Tata Motors to issue Performance Shares to its own employees and the employees of its subsidiaries under the long-term incentive scheme. The Board members at its meeting held on 23 June 2021 has approved the Issue of Performance Shares and/or Options to the eligible employees of the Company and its subsidiary companies as per the SEBI […]

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ONGC launches Women Leadership Program – Urjasvini
Industry

ONGC launches Women Leadership Program – Urjasvini

During these pandemic times, a landmark women’s leadership development program has been launched by ONGC. The learning journey – ‘Urjasvini’ was inaugurated by ONGC virtually on 23rd June’21 in the presence of esteemed Director HR – Dr. Alka Mittal, Executive Director and Head of ONGC Academy – Mr. Manoj Barthwal, and the larger ONGC HR team […]

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Infosys announces salary hike effective July 2021
Industry

Infosys announces salary hike effective July 2021

India’s second-largest IT firm, Infosys has announced that it will be rolling out salary hikes effective July 2021, This is the second salary hike this year, as the company aims to manage attrition and retain talent. Infosys had announced its first salary hike in January 2021. Speaking at Infosys’ 40th annual general meeting, COO Pravin Rao […]

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Schneider to create over 2,000 jobs, to invest Rs 350-400 crore in Luminous Power
Industry

Schneider to create over 2,000 jobs, to invest Rs 350-400 crore in Luminous Power

French multinational Schneider Electric has announced its plan to infuse around Rs 350-400 crore in its Indian subsidiary Luminous Power Technologies to double its manufacturing capacity and ramp up the solar business. With these funds, Luminous will expand the capacity of its seven existing plants in the country, and set up two new manufacturing plants, generating direct employment for more […]

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Grofers rolls out 33% salary hike for its tech team
Industry

Grofers rolls out 33% salary hike for its tech team

Online grocery delivery platform Grofers announced on Monday that it will offer a 33 per cent hike in salary to its tech team effective July 2021, along with a “hefty ESOP allocation” as the online grocery delivery platform looks to retain staff and woo more tech talent. The SoftBank-backed company, which plans to launch an […]

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DXC Technology to regularise salary increments, increase hiring
Industry

DXC Technology to regularise salary increments, increase hiring

According to TOI report, DXC Technology, a global technology company has said that it is going to regularise its salary review process and expedite the hiring in 2021. Mary E Finch, CHRO and EVP, DXC Technology said in a statement that one of her first initiatives was the Pay the People campaign. “There was no regular pay […]

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