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Coronavirus

TVS Motor announces to cut staff salaries for six months

May 26, 2020

SHRM announces Virtual Conference on July

The global environment is in flux like never before and unprecedented shifts are taking place in the...

Press Release

May 26, 2020

SHRM announces Virtual Conference on July

E-learning in Era of Social Distancing

As I recall, about years back GE Capital started the concept of Work From Home which created ripp...

Learning & Development

May 26, 2020

EPFO Clarification on EPF contribution from to

Frequently Asked Questions Reduction in statutory rate of EPF contribution from to Union Fi...

Labour Law

May 25, 2020

EPFO Clarification on EPF contribution from to

Coronavirus

Tata Group top execs to take up to 20% salary cut

Tata Group top execs to take up to 20% salary cut in an effort to conserve cash For the first time in the Tata Group’s history, Tata Sons chairman N Chandrasekaran and Tata Group companies’ chief executive officers (CEOs) will take around a 20 percent compensation-cut in an effort to reduce the cost to tide over […]

May 25, 2020

Coronavirus

Snapdeal furloughs 50-55 staff whilst demand picks up

An Indian e-commerce company, Snapdeal has put about 7% of its full-time workforce, or 50-55 individuals on a three-month furlough, The e-commerce agency has 750 employees on its payroll whereas one other 800 of staff are on contract. A Snapdeal spokesperson confirmed the event without offering any details and stated in an emailed response, “In […]

May 25, 2020

Culture & Behaviour

Leaders need a makeover in the new normal

Even though COVID-19 refuses to budge and continues to play havoc across the world, the corporates are not worried. Steering forward with able leadership, they are proving to be more resilient than ever. Recently, on a Wednesday afternoon, keeping lethargy at bay, five diverse leaders took part in an energizing virtual round-table conversation organized by […]

May 25, 2020

CHRO Move

InterContinental Hotels Group appoints new Head HR

InterContinental Hotels Group (IHG®) appoints Vinay Jaswal as a new Head HR, South West Asia effective from May 2020 Vinay is a senior HR leader with rich experience in business building, culture transformation, and he has been successfully anchored HR initiatives in the areas of OD, business restructuring, talent management, shared services, and succession planning in Telecom, […]

May 25, 2020

Coronavirus

An employee at Maruti plant tests positive for Covid-19

An employee at Maruti Suzuki’s Manesar plant has tested positive for COVID-19, according to a company spokesperson. The company is also looking at “a possibility of a second case” of infection at the facility but has ruled out any impact on the business part due to the situation. The country’s largest carmaker, Maruti Suzuki India […]

May 24, 2020

Coronavirus

IBM confirms global layoffs, India employees hit with it too

IBM confirmed, it is cutting an unspecified number of jobs, but wouldn’t provide details related to location, departments, or the number of employees involved. The company framed it in terms of replacing people with more needed skills as it tries to regroup under new CEO Arvind Krishna. Several business media sites, including the Wall Street Journal and […]

May 23, 2020

Coronavirus

Cleartrip has laid off 400-500 employees

Cleartrip has laid off 400-500 employees. the company’s spokesperson said the Covid-19 crisis has caused severe business disruption in the travel industry. The spokesperson said, “we have had to reluctantly downsize our workforce. We are providing all necessary support to affected employees.” When TOI asked about the number of employees affected, the company declined to share details. It has around 1,000 employees. […]

May 23, 2020

Coronavirus

HCL to pay bonuses, no pay cuts, honour existing offers

IT firm, HCL has emphatically declared that despite the slowdown, and the economic impact of coronavirus, they will pay all promised bonuses all 150,000 employees, will honour the nearly 15,000 job offers already made to freshers, and no salary cuts for any employee. Apparao VV, Chief Human Resources Officer, HCL said that HCL won’t roll […]

May 22, 2020

Coronavirus

Indiabulls asked nearly 2000 employees to resign till 31 May

Indiabulls has asked nearly 2,000 employees to resign from the company. The Company, however, said this was part of the annual attrition cycle and claimed these were not lay-offs The Financial Services Group Indiabulls, On May 15, the group’s Indiabulls Housing Finance asked many of its employees to resign and consider May 31 as their […]

May 22, 2020

Culture & Behaviour

Remote Working Challenges and suggested solutions

“Working from home? Oh! it’s a holiday for you”. Many of us have heard this at different times, from family or friends. I for one, experienced this widely held belief within my social circle, whenever working from home was mentioned. This was of course, the Pre-COVID-19 world (as we knew it). Fast forward to Mar […]

May 22, 2020

Coronavirus

TCS top management takes pay cut as COVID-19 impact

TCS top management takes pay cut in financial year 2020 to conserve cash amid Covid-19 Tata Consultancy Services (TCS) has said in an annual report, Chief Executive Officer, Rajesh Gopinathan’s remuneration shrank 16.5% to INR 13.3 crore in 2019-20 compared to the previous fiscal. Gopinathan’s pay package is 214.65 times the median salary of TCS. In […]

May 21, 2020

Learning & Development

Skilling redefined, the approach is changing

Corporate entities and organizations strive hard to have a competitive edge in the global market by leveraging the latest technologies, adopting new strategies and methods to improve productivity. Organizations also aim at balancing the human component with the new elements that technology brings. When it comes to skilling your organization’s workforce, whether it be a […]

May 21, 2020