Bonuses: HR News, Trends & Workplace Insights

Latest Bonuses HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Bonuses.

Updated on: Aug 2023
Loading
Cognizant CEO Ravi’s salary is 4 times Mukesh Ambani’s 2020 pay
Compensation

Cognizant CEO Ravi’s salary is 4 times Mukesh Ambani’s 2020 pay

According to reports, an American multinational information technology services and consulting company, Cognizant‘s new CEO Ravi’s total yearly compensation will be Rs 57 crore. In 2019–20, Mukesh Ambani’s annual salary was Rs 15 crore. Recently, Cognizant announced the appointment of Ravi Kumar S as CEO and a member of the Board, effective immediately. He replaced outgoing Brian Humphries […]

Read Story
Loading
Evergreen Marine announces bonuses worth 50 months’ salary
Compensation

Evergreen Marine announces bonuses worth 50 months’ salary

A Taiwanese container transportation and shipping company, Evergreen has announced bonuses worth 50 months’ salary. The amount for bonuses for employees varies depending on an employee’s job grade and function and is only applicable to staff. The company has added this is the year-end bonuses are always based on the company’s performance for the year. Evergreen […]

Read Story
Loading
EnKash rolls out special ‘Attitude Bonus’ for employees
Compensation

EnKash rolls out special ‘Attitude Bonus’ for employees

India’s 1st, all-in-one comprehensive corporate cards & payments platform, EnKash has launched an industry-first incentive program called the “Attitude Bonus”. This program will provide an opportunity for employees with higher packages for demonstrating ownership and driving a larger impact. Naveen Bindal, Co-Founder, EnKash said, “A company’s team is one of its deal-breaking elements. While skills and […]

Read Story
Loading
Deutsche Bank announces to pay inflation bonus to employees
Compensation

Deutsche Bank announces to pay inflation bonus to employees

A German multinational investment bank and financial services company, Deutsche Bank has announced that the bank will pay an inflation bonus to its employees. The news comes at a time when companies have been laying off employees due to rising inflation. IT companies are already seeing margin pressure due to inflation and impending recession in markets […]

Read Story
Loading
Biz2Credit offers BMW bikes, iPad Air, 40X bonus to employees
Compensation

Biz2Credit offers BMW bikes, iPad Air, 40X bonus to employees

Hard work pays off, and Biz2Credit, a provider of an online marketplace for small business funding, turned this phrase into a grand reality! At the Biz2Credit Annual Diwali Dhamaka, Biz2Credit employees reaped the rewards of the outstanding contributions they made in the past year. Taking centre stage at the Biz2Credit Annual Diwali Dhamaka on 8th […]

Read Story
Loading
Honda overpaid staff bonuses, now asked for refund: Report
Compensation

Honda overpaid staff bonuses, now asked for refund: Report

A Japanese public multinational conglomerate manufacturer of automobiles, motorcycles, and power equipment Honda has overpaid bonuses to the employees. During COVID -19 there had been increased inflation. On the other hand, many companies have laid off their employees and have also frozen their hiring. However, now Honda on the other end has paid excess bonuses […]

Read Story
Loading
Tata Steel announces annual bonus, goodwill bonus for employees
Compensation

Tata Steel announces annual bonus, goodwill bonus for employees

The top global steel company, Tata Steel Jamshedpur has announced 20% annual bonus and a Rs 20K goodwill bonus. This year, the bonus amount will be credited to employees’ bank accounts by September 15, ahead of Durga Puja, according to Union officials. The company will disburse Rs.317.51 crore annual bonus for 23,710 employees for the year […]

Read Story
Loading
Infosys plans to offer bumper salary hikes, promotions, and bonuses
Compensation & Benefits

Infosys plans to offer bumper salary hikes, promotions, and bonuses

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 […]

Read Story