Promotions: HR News, Trends & Workplace Insights

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

Updated on: Jul 2024
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Piramal Group rolls out new retention plan ‘LTI Program’
Work Model

Piramal Group rolls out new retention plan ‘LTI Program’

A global business conglomerate with diverse interests in Pharma, Financial Services, and Real Estate Piramal Group has rolled out a retention plan named “Long-term incentives (LTI)”. Long-term incentives (LTI) are a mix of stocks and discounted stocks, and the overall compensation includes LTI, bonus, and fixed payouts. The LTI plan was rolled out in the company […]

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Ernst & Young (EY) announces promotions across the globe
Compensation

Ernst & Young (EY) announces promotions across the globe

The Ernst & Young (EY) organization has announced that 966 people have been promoted to partner across the globe, reflecting continued growth and strong business performance by the organization. Similarly, emerging markets represent a third of new partners, at 33%. The significant number of partner promotions demonstrates the Ernst & Young (EY) commitment to offering […]

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Gauri Das elevated to SVP- Human Resources
Appointments

Gauri Das elevated to SVP- Human Resources

India Factoring and Finance Solutions Private Limited (A Member of the FIMBank Group) elevates Gauri Das as Senior Vice President- Human Resources, Admin, and Marketing. She is associated with India Factoring and Finance Solutions Private Limited since 2015 and most recently before the elevation she was working as Vice President- Human Resources. She carries 16+ […]

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Infosys HR Head: Freshers promoted faster, get big hikes
Industry

Infosys HR Head: Freshers promoted faster, get big hikes

According to TOI report, EVP and Group HR Head Krish Shankar, Infosys has said that freshers in the company today get promoted much faster and get substantially higher jumps in salaries than a few years ago. Responding to fresher salaries in the IT industry having stagnated at about Rs 3.5 lakh per annum for years, […]

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Google will promote fewer employees to senior roles in 2023
Work Model

Google will promote fewer employees to senior roles in 2023

According to CNBC reports, The technology company, Google will promote fewer employees to senior roles in 2023 to align with the company’s slow growth. Google is planning for lesser promotions of L6 and above grade employees. The promotion process will be similar to the last year and will be manager-led. The employees are reviewing the rating […]

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Standard Chartered elevates SV Shivshanker as Head- HR, India, SA
Appointments

Standard Chartered elevates SV Shivshanker as Head- HR, India, SA

Standard Chartered Bank announced two senior-level appointments with Sarabjit Anand as Chief Technology and Operations Officer (CTOO), and SV Shivshanker as the Head- Human Resources, for India and South Asia effective January 2023. Sarabjit joined Standard Chartered Bank in 1991 in India, later moving to Hong Kong. He was most recently the Chief Information Officer […]

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Wipro rolls out record senior promotions
Employment

Wipro rolls out record senior promotions

According to FinancialExpress, an Indian multinational corporation that provides IT, consulting and business process services, Wipro has rolled out record senior promotions to retain the talent. According to reports, Wipro has promoted 12 top executives to the post of senior vice president and 61 executives have been elevated to vice president. Currently, the company has […]

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