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Big Reset Compensation Strategy in New Normal

ESIC to hike monetary grant of pregnant women to Rs

Government of India to hike confinement expenses payable under ESIC scheme to Rs , The Employees...

Labour Law

ESIC to hike monetary grant of pregnant women to Rs

PM Modi to address grand finale of Smart India Hackathon

PM Modi to address Grand Finale of Smart India Hackathon Prime Minister Shri Narendra Modi will...

Jobs

PM Modi to address grand finale of Smart India Hackathon

Featured

SHRM EDGE 2020 virtual conclave concluded successfully

SHRM EDGE 2020, the virtual conference concluded successfully Asia’s largest gathering of HR thought leaders held virtually for the first time ever Industry leaders and HR thought leaders deliberate on all things talent Discussions were focused on Talent acquisition, management, well-being, and development Brought together 4000+participants across all sectors New Delhi, 30th July 2020: SHRMEDGE […]

Cognizant losses 10,500 employees b/w Apr-Jun 2020

Cognizant losses 10,500 employees during the April-June quarter, as part of its strategy to reduce costs and fund investments for growth Amid COVID-19 crisis, IT major Cognizant has recently announced its results for the April-June quarter, and they revealed that the company’s headcount had reduced by 10,500 people in the quarter. While in the previous quarter […]

Labour Law

EPF contributions will be deducted at old rates from Aug 1

EPF contributions will be deducted at old rates, at 12% from Aug 1, 2020 The government had cut EPF contribution, as a part of the relief measures that were announced by the FM to help both employees and employers to sail through the COVID crisis. Now from next month, the deductions will revert to old […]

Jul 30, 2020

Human Resources

How Spicejet has prepared its people for New Normal

In Conversation with Surajit Banerjee Sr Vice President and Head – HR, Spicejet Limited Surajit is a senior HR veteran with over 3 decades of experience in Human Resources. Currently, Surajit heads HR functions at Spicejet Limited as Senior Vice President and previously he has worked with companies such as M3M India, DLF Universal, Max […]

Jul 30, 2020

Unlock 3 Guidelines: No night curfew from 1 August 2020

Unlock 3 guidelines declared, yoga institutes and gymnasiums to open from 5 August 2020 The Ministry of Home Affairs (MHA) has issued fresh guidelines for UNLOCK-3, to relax the lockdown restrictions in areas outside containment zones amid the novel coronavirus outbreak. Effective from 1 August 2020. MHA announces #Unlock3 guidelines ✅Yoga institutes & gymnasiums to open from August […]

Jul 30, 2020

Most of staff at IT companies continue to Work From Home

Most staff at TCS, Infosys, HCL, and Wipro continue to work from home In wake of the pandemic, the Department of Telecommunications (DoT) has extended the relaxation in work from home (WFH) norms till 31 December 2020, The move is appreciated and welcomed by the IT industry. This is the second extension of relaxations by […]

Swiggy lays off 350 more employees

Swiggy is laying off 350 more employees as part of ‘final realignment exercise’ Swiggy lays off 350 more employees, two months after it shed 1,100 jobs across levels nationally to mitigate the coronavirus lockdown impact. Swiggy said in a statement, “In May, we began the exercise of realigning resources to create capacity in higher potential […]

Survey & Report

Microsoft forecasts a Hybrid New Normal of work in APAC

Microsoft forecasts a Hybrid New Normal of work in Asia-Pacific As the COVID-19 pandemic continues to transform our daily lives, Microsoft, with research from TechRepublic Premium, looked into the impact the pandemic has had on the region’s legacy work styles, business operations and how it has accelerated an increase in overall technology adoption, realizing a […]

Industry

Cognizant to Acquire New Signature

Cognizant to Acquire New Signature, a Leader in Cloud-Native Business Transformation Cognizant has announced that it has entered into an agreement to acquire New Signature, one of the world’s largest independent Microsoft public cloud transformation specialists. The transaction is expected to close in the third quarter of 2020, subject to regulatory clearance and other closing conditions. Financial […]

Compensation & Benefits

Variable Compensation and Its Relevance in New Normal

Variable Compensation and Its Relevance in the ‘New Normal’ All organizations value their human capital which is the most critical part of any organization’s success. In order to attract and retain talent in a tight volatile market, it’s imperative to offer compelling compensation and benefits packages to its employees. In most of the organizations, employee […]

Jobs

Huawei India is laying off up to 70% staff: Report

Huawei cuts India revenue target, laying off upto 70% staff– ET Report Chinese telecom company Huawei Technologies Co has cut its India revenue target for 2020 by up to 50% and is laying off more than half of its staff in the country, the Economic Times reported on Monday, amid calls to boycott Chinese goods. […]

Jul 28, 2020