Latest Performance Bonus HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Performance Bonus.
According to TOI report, HCLnbspTechnologies is asking employees who are resigning to return the p...
Tata Motors to issue Performance Shares to its own employees and the employees of its subsidiaries u...
Deutsche Bank announces hike in bonuses Germanys largest lender Deutsche Bank announced F...
Rethinking Performance and Rewards in the New Normal “For every action, there is an equal and opposite reaction”. Our performance management system also needs to be designed in the same way. You produce a positive action you get rewarded with one. Well, its easier said than done, performance management and reward distribution have always been one […]
Harley-Davidson to pay the discretionary bonus in February Harley-Davidson Inc said on Friday the human resources committee of its board approved a discretionary bonus to be paid in February to all eligible employees who joined on or before Sept. 30. The bonus will be 60% of each eligible employee’s 2020 bonus target, prorated per their joining, Harley said in […]
Wipro to Raise Salaries of 80% Workforce by December 1, 2020. IT major, Wipro confirms its plan to roll out a single-digit salary hike for nearly 80 per cent of its employees, effective December 1. In Conversation with SightsIn Plus, Wipro CHRO Saurabh Govil said, “The Majority of our workforce (over 98%) continues to operate […]
Salary cuts are getting rolled back, getting back to Normal? After reducing salaries owing to the pandemic, various companies are now bringing remunerations back to normal. Over the last three weeks, several technology bellwether firms like TCS, Infosys, Wipro, HCL, Tech Mahindra and Mindtree, etc have announced plans to give out salary increments and bonuses. […]
Reliance Industries rolls back salary cuts, announces performance bonus According to an ET report, Reliance Industries is rolling back salary cuts and offering the performance bonus which had been deferred to those employed in its hydrocarbon business. And in a first for the business house, the hydrocarbon segment will also offer an advance 30% of […]
Govt fixes calculation ceiling for non-productivity linked bonus at Rs 7,000 The finance ministry has fixed the calculation ceiling for computing non-productivity linked bonus (ad hoc bonus) for central government employees at Rs 7,000, implying that an employee will be entitled to a maximum bonus of Rs 6,908. “The quantum of Non-PLB will be worked […]
Union Cabinet approves bonus for 30 lakh central government employees On Wednesday, at a meeting, chaired by Prime Minister Narendra Modi, approval was given for Productivity Linked Bonus or PLB for the year 2019-2020. Union Cabinet approved Rs 3,737 crore bonus for 30.67 lakh, central government employees, to meet their expenses during the festival season. The […]
