Latest Employee Benefits HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Employee Benefits.
One of the worlds leading diamond crafting companies, Shree Ramkrishna Exports Pvt. Ltd. SRK...
Hard work pays off, and BizCredit, a provider of an online marketplace for small business funding, ...
Procter amp Gamble India PampG India today announced that it is further bolstering its mental ...
Financial services company, Zerodha has said that it’s giving away 1 month salary as a bonus to employees who met their fitness goals after the covid lockdown. Zerodha chief Nithin Kamath has set a new health challenge for employees so that they take out time for workout/exercise/sports activities. This bonus was being offered to mark […]
One of the world’s largest financial institutions Bank of America launches New Sabbatical Program and under this new initiative, it provides 4-6 weeks of additional paid leaves to its employees. Commenting on this program the company said, “As part of our commitment to be a great place to work, the Bank of America Sabbatical Program […]
Extending its commitment to helping organizations improve the employee experience, Oracle has introduced a series of new updates within Oracle Fusion Cloud Human Capital Management (HCM). The new portal for team skills, performance evaluation capabilities, and an employee listening solution will help managers engage and empower teams to achieve their fullest potential. Over the past few […]
India’s largest crypto investing company, CoinSwitch has enhanced its LGBTQ+ benefits with financial support for gender reassignment surgery. The company’s best-in-class insurance policy also covers same-sex partners. According to company, the policy will reimburse medical costs up to Rs 2 lakh. The benefit is an addition to the pre-existing initiative aimed at driving better inclusivity within […]
IT and Technology giant, IBM has announced that the company is making to optimize benefits for both current and former employees. The updates are intended to streamline offerings and plan administration while providing enhanced options for as many active and retired IBMers as possible. Medical Benefits and 401(k) Enhancements for Active IBMers in the U.S. […]
IT major, Capgemini has announced the launch of its ninth Employee Share Ownership Plan (ESOP). This new employee share ownership plan is offered to approximately 97% of the employees and is part of the Group’s policy to associate all employees with its development and performance. This ESOP will be implemented through a capital increase reserved […]
India’s second-largest IT services company Infosys has scaled back the average variable payout of employees to about 70 per cent for the June quarter amid margin squeeze and high employee costs, according to sources. Recently, Wipro held back the variable pay of employees mainly due to pressure on margins, inefficiency in its talent supply chain, […]
Walmart Inc. is expanding the types of medical situations for which its employee health plan would cover abortions and the cost of travel, to include conditions such as ectopic pregnancy. In a memo sent to employees on Friday, the company said its health care plans will now cover abortion for employees “when there is a health […]
Tech giant Apple has banned caste-based discrimination in the company. The company has issued a code of conduct for employees in the United States. The company has also started training on this so that its employees understand the new policies better. The new policy sits alongside existing codes that strictly prohibit discrimination against race, religion, […]
India’s largest crypto investing firm, CoinSwitch has extended maternity and paternity leaves for employees. This policy is a part of its enhanced benefits program. Zeeshan Ramlan, Director and Head—of HR, CoinSwitch, said, “CoinSwitch is a fast-growing startup that values work-life balance. Our diverse workforce is our strength, helping us build a wealth-tech destination for every […]
The oil company, Shell is handing nearly all of its 82,000 staff a bonus equivalent to 8% of their salary after it reported record profits amid soaring energy prices. The British multinational is making the one-off payment to the vast majority of its employees around the world, only excluding those on its executive committee, executive […]
Food ordering and delivery platform Swiggy on August 3 said it has introduced an industry-first ‘Moonlighting policy’, wherein employees can take up external projects for pro bono or economic consideration based on internal approvals. “This could encompass activity outside of office hours or on weekends that does not impact their productivity on the full-time job […]
