All Latest Posts

15070 posts found

TVS Motor announces to cut staff salaries for six months
Coronavirus

TVS Motor announces to cut staff salaries for six months

On 23 May 2020, Two-wheeler manufacturer TVS Motor Company has announced to cut the salaries of its employees starting this month, May 2020, as it grapples with a steep fall in sales, common across the industry. Though the company has clarified there will be no salary reduction at the workmen level. The company’s CEO, KN […]

Read Story
SHRM announces Virtual Conference on 29 & 30 July 2020
Press Release

SHRM announces Virtual Conference on 29 & 30 July 2020

The global environment is in flux like never before and unprecedented shifts are taking place in the workspace. With organisations having to transform and explore new ways of working and engaging with employees, HR systems and organizational structures are forced to adapt to the changes. With technology once again becoming the savior, organisations must look […]

Read Story
E-learning in Era of Social Distancing
Learning & Development

E-learning in Era of Social Distancing

As I recall, about 20 years back GE Capital started the concept of Work From Home which created ripples around the factors like technology, controls, and ease of management and lesser that anyone derived the cultural barriers which made people think against some of the forward-looking work practices. I clearly relate this to the concept […]

Read Story
EPFO Clarification on EPF contribution from 12% to 10%
Labour Law

EPFO Clarification on EPF contribution from 12% to 10%

Frequently Asked Questions: Reduction in statutory rate of EPF contribution from 12% to 10% Union Finance Minister Nirmala Sitharaman announced details for the total Rs 20 lakh crore financial package in a press conference on 13th May 2020, Wednesday. To increase the demand in the country and more take-home salary, the government has decided that […]

Read Story
Tata Group top execs to take up to 20% salary cut
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 […]

Read Story
Snapdeal furloughs 50-55 staff whilst demand picks up
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 […]

Read Story
Leaders need a makeover in the new normal
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 […]

Read Story
InterContinental Hotels Group appoints new Head HR
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, […]

Read Story
An employee at Maruti plant tests positive for Covid-19
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 […]

Read Story
IBM confirms global layoffs, India employees hit with it too
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 […]

Read Story
Cleartrip has laid off 400-500 employees
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. […]

Read Story
HCL to pay bonuses, no pay cuts, honour existing offers
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 […]

Read Story