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Big Reset: Compensation Strategy in New Normal
Compensation & Benefits

Big Reset: Compensation Strategy in New Normal

Big Reset: Reviewing Compensation & Benefits Strategy in New Normal This unprecedented global pandemic is disrupting supply chains, consumer spending, business productivity, employee well-being, and the foundations of the way we work. As the “RESPOND” phase approaches, one of the key priorities for many companies is to conserve cash and ensure continuity. The COVD-19 crisis […]

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ESIC to hike monetary grant of pregnant women to Rs 7500
Labour Law

ESIC to hike monetary grant of pregnant women to Rs 7500

Government of India to hike confinement expenses payable under ESIC scheme to Rs 7,500 The Employees’ State Insurance Corporation (ESIC) has decided to boost the monetary grant paid to a pregnant insured woman or an insured person for his wife under ESIC’s health insurance scheme by Rs 2,500 to Rs 7,500 just in case they can not avail maternity services […]

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PM Modi to address grand finale of Smart India Hackathon 2020
Jobs

PM Modi to address grand finale of Smart India Hackathon 2020

PM Modi to address Grand Finale of Smart India Hackathon 2020 Prime Minister Shri Narendra Modi will address the Grand Finale of Smart India Hackathon 2020 on 1st August via video conferencing. He will also be interacting with students on the occasion. The Smart India Hackathon is a nationwide initiative to provide students with a […]

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SHRM EDGE 2020 virtual conclave concluded successfully
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 […]

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

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 […]

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EPF contributions will be deducted at old rates from Aug 1
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 […]

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How Spicejet has prepared its people for New Normal
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 […]

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Unlock 3 Guidelines: No night curfew from 1 August 2020
Coronavirus

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 […]

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Most of staff at IT companies continue to Work From Home
Coronavirus

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 […]

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Swiggy lays off 350 more employees
Coronavirus

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 […]

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Microsoft forecasts a Hybrid New Normal of work in APAC
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 […]

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Cognizant to Acquire New Signature
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 […]

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