Latest Covid-19 Pandemic HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Covid-19 Pandemic.
Citrix and Microsoft partner to accelerate the future of work The workplace of the future will look ...
Amazon India launches skill development programme for , apprentices AmazonnbspIndia on Tuesday...
Wipro has no layoff plans due to pandemic impact on business Wipro Chairman, Rishad Premji While ad...
India’s employment rate improved by 3.3%, week ended June 14: CMIE India’s employment rate improved considerably by 3.3% for the week ended June 14 at 35.7% in comparison with 32.4% for the week earlier than that. The improvement comes as offices, shops, and self-employment avenues reopened after the government lifted nearly all lockdown curbs after […]
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 […]
On 23 May 2020, Two-wheeler manufacturer TVS Motor Company has announced to cut the salaries of its employees starting this month, May 2020, as it grapples with a steep fall in sales, common across the industry. Though the company has clarified there will be no salary reduction at the workmen level. The company’s CEO, KN […]
Tata Group top execs to take up to 20% salary cut in an effort to conserve cash For the first time in the Tata Group’s history, Tata Sons chairman N Chandrasekaran and Tata Group companies’ chief executive officers (CEOs) will take around a 20 percent compensation-cut in an effort to reduce the cost to tide over […]
Indiabulls has asked nearly 2,000 employees to resign from the company. The Company, however, said this was part of the annual attrition cycle and claimed these were not lay-offs The Financial Services Group Indiabulls, On May 15, the group’s Indiabulls Housing Finance asked many of its employees to resign and consider May 31 as their […]
GoAir on Monday said it will defer and part-pay salaries to a majority of its staff because of revenue constraints due to the lockdown imposed to contain COVID-19 pandemic. In a joint letter, GoAir Chairman Nusli Wadia and MD Jeh Wadia wrote to employees informing that there is “no inflow of cash” due to suspended […]
From wildfires in Australia to the downward spiral of crude oil prices to COVID-19 outbreak – the year 2020 has given a rough start. All these events have managed to destabilize the global economy. These are the times to reassure employees of how their organization stands by them amidst all the chaos. Here are a […]
Accenture and Verizon launches People + Work, B2B platform to match laid-off workers with open positions As unemployment surpasses record highs due to COVID-19, a group of leading companies from multiple industries has formed People + Work Connect, an employer-to-employer initiative that brings together companies laying off or furloughing people with those companies in urgent […]
Vistara CEO Leslie Thng on Wednesday announced that senior employees will be going on compulsory leave without pay for up to three days between April 15 and April 30 as a measure to further conserve the airline’s cash flow amid the lockdown to combat the coronavirus threat. On March 27, the airline had also introduced […]
Employees’ Provident Fund Organisation has extended the date of filing Electronic Challan Cum Return (ECR) for wage month March 2020 extended up to 15.05.2020 from 15.04.2020, The EPFO also decided to waive off any interest liability and penalty in this extended period. This would give some relief to employers stuck with closed establishments following a nationwide […]
The country is dealing with a very challenging situation due to COVID-19 Pandemic. Many establishments are temporarily closed and workers are unable to work. In line with the relief measures being extended by Government to business entities and workers, Employees’ State Insurance Corporation (ESIC) has undertaken following relief measures for its stakeholders specially Employers and […]
PwC postpones promotions, increments, and bonuses of India employees amid Covid-19 PwC India recently announced that the company is deferring promotions, increments, and bonuses for all its employees in India due to the impact on their cash flows resulting from Covid-19. PwC India has also announced a complete hiring freeze while its partners take a […]
