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Compensation & Benefits

Top Compensation Rewards Challenges for

Mar 2, 2023

Bill Gates meets Ratan Tata Sachin Tendulkar, and shared ideas

Microsoft co-founder Bill Gates has met Tata groups Ratan Tata, N. Chandrasekaran, and former crick...

Industry

Mar 1, 2023

Bill Gates meets Ratan Tata Sachin Tendulkar, and shared ideas

Infosys to upskill in Healthcare through Infosys Springboard

Infosys, a global leader in next-generation digital services and consulting, today announced that it...

Industry

Mar 1, 2023

Infosys to upskill in Healthcare through Infosys Springboard

Yokohama Off-Highway Tires gets Amit Chincholikar as Global CHRO

The world-renowned brand, Yokohama Off-Highway Tires has announced the appointment of Amit Chincholi...

CHRO Move

Mar 1, 2023

Yokohama Off-Highway Tires gets Amit Chincholikar as Global CHRO

Industry

Microsoft Indian employee shares heartbreaking story of layoff

A former Indian Microsoft employee Alisha Acharya has shared a heartbreaking story of layoff. She was working as a technical program manager with the organization for over five years. Alisha Acharya shared a LinkedIn post saying, “Heartbroken. I was impacted by the recent round of layoffs at Microsoft. It took me a few days to […]

Mar 1, 2023

Layoffs

Google has not only laid off humans but now robots are being fired

The tech giant, Google has not only laid off humans but now even robots are being fired. According to reports, The company’s newest subsidiary, Everyday Robots had trained over a hundred robots that had a single arm and wheels to move around. These robots were responsible to open doors, cleaning cafeteria tables, and sorting trash. […]

Mar 1, 2023

Work Model

Twitter staff to receive significant performance-based stock awards

Elon Musk-owned Twitter recently laid off several employees. Post this the company has announced significant performance-based stock awards for the remaining staff. Elon Musk has sent a memo titled ‘Performance Awards’ to Twitter employees. The memo promises that the remaining employees will receive ‘very significant’ performance-based stock awards. The awards will be given out […]

Mar 1, 2023

Hiring

L&T is hiring for various roles including Career Re-entry for Women

An Indian multinational conglomerate company, Larsen & Toubro (L&T) hiring for various profiles including career Re-entry for Women. A Career Renewal Initiative for Women “Renew” is an initiative that stems from L&T’s strong belief in diversity & equal career opportunities for all. It is aimed at providing a platform through which women professionals can re-enter the corporate world […]

Mar 1, 2023

Compensation & Benefits

Incentive & Variable Pay Trends in 2023 and Beyond

“Our wellness benefit amount is doubled”, said my niece with a glint in her eyes. Talk to any Gen Z or a Millennial and they prefer a compensation package that fits their ever-evolving needs; and as we know, everyone’s needs and preferences are different. Therefore, for an organization to attract the best talent, they need to […]

Mar 1, 2023

CHRO Move

Westlife Foodworld appoints Rohith Kumar as CHRO

Westlife Foodworld Ltd. (formerly Westlife Development Ltd.)– owner and operator of McDonald’s restaurants in West and South India, has appointed Rohith Kumar as the Chief Human Resources Officer (CHRO). Rohith will be responsible for overseeing all aspects of human resources and will play a key role in building talent capabilities and culture, enabling an inclusive […]

Mar 1, 2023

Industry

Wipro Announces a New Global Business Line Model

Wipro Limited, a leading technology services and consulting company, announced four strategic global business lines (GBLs) to deepen alignment with clients’ evolving business needs and capitalize on emerging opportunities in high-growth segments of the market. Under the new model, Wipro will now deliver capabilities to clients through four GBLs organized around cloud, enterprise technology and […]

Mar 1, 2023

Industry

Wipro should relook at the strategy of salary cuts for freshers

Recently, An Indian multinational corporation, Wipro rolled out a revised offer letter for recruits awaiting onboarding at the company for over 12 months. The company has reduced the employee’s salary by 50 percent from Rs 6.5 lakh to Rs 3.5 lakh per annum. The company said in an email to candidates, “Like others in our industry, […]

Feb 28, 2023

Industry

UK India Young Professionals Scheme opens today, Apply

The UK government is inviting applications for 2,400 visa applications under the India Young Professionals Scheme for Indian citizens aged between 18-30. Indian citizens can now apply for a two-year visa. You can apply for the Young Professionals Scheme from February 28 to March 2. Eligibility To be eligible for an India Young Professionals Scheme […]

Feb 28, 2023

Compensation

CRED CEO Kunal Shah says his salary is only Rs 15,000/month

An Indian fintech company, CRED Chief Executive Officer (CEO) Kunal Shah took to Instagram to hold an ‘Ask Me Anything’ session. In the ‘Ask Me Anything’ session, Kunal Shah revealed his monthly salary. He stated that his salary is Rs 15,000 per month and he also provides a reason for it. Kunal Shah wrote on […]

Feb 28, 2023

Industry

Engineering Colleges face tough placement season amid hiring slowdown

By the reports of the Economic Times, engineering colleges have witnessed a tough placement season due to the hiring slowdown. Harpreet Singh Saluja, Founder-President of Nascent Information Technology Employees Senate said, “This situation will remain till the U.S. economy recovers” The companies have initially delayed the onboarding of the employees and also reduced the salary […]

Feb 28, 2023

Industry

Nokia has changed its logo for the first time in 60 years

Nokia has redesigned its logo for the first time in decades to distance itself from its public image as a phone company. The company has recently announced the new logo features five different shapes coming together to spell Nokia. However, Nokia will continue to execute against its three-phased company strategy to deliver sustainable, profitable growth. The […]

Feb 28, 2023