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Tech Mahindra deferred incentives & wage hikes, No layoffs
Coronavirus

Tech Mahindra deferred incentives & wage hikes, No layoffs

Tech Mahindra puts wage hikes and incentives on hold, but says no layoffs. Tech Mahindra is putting on hold incentives and wage hikes until there is more clarity on business as the coronavirus outbreak has disrupted operations worldwide. However, its junior associates will get their remuneration packages in full. Besides, undisclosed salary cuts also have been […]

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Bajaj Auto reverses pay cut decision
Coronavirus

Bajaj Auto reverses pay cut decision

Bajaj Auto on Sunday said in an internal letter to its employees that it will not implement its proposed decision to observe a pay-cut across the organization for April and assured them of complete payment for the lockdown period. Earlier Bajaj Auto had proposed a 10% pay cut for staff after all business activities were […]

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Workplace Trends after COVID-19 is Over
Coronavirus

Workplace Trends after COVID-19 is Over

The coronavirus (COVID-19) a global pandemic has affected every workplace in the country in one way or another. As governments make significant interventions in response to the coronavirus, businesses are rapidly adjusting to the changing needs of their people, their customers, and suppliers. Some employers have closed their doors temporarily—and some permanently. Others have asked their employees to […]

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Udaan has laid off over 2,000 contractual employees
Coronavirus

Udaan has laid off over 2,000 contractual employees

Bengaluru-based, Udaan, B2B commerce online startup has laid off several employees working on a contract basis as the company’s non-essential business has been shut due to the nationwide lockdown in the wake of the COVID-19 situation. Udaan is an online marketplace that facilitates buying and selling fashion products, groceries, and electronics among manufacturers, brands, and […]

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Why employees thrive in a purpose-oriented environment
Culture & Behaviour

Why employees thrive in a purpose-oriented environment

In the recent past, corporate organisations across the world have increasingly given more priority to CSR activities venturing beyond their own talent pool to look for solutions around issues such as education, environment, poverty, human rights, etc. In fact, companies are now viewing CSR activities as essential tools for employee engagement and retention, especially in […]

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Capgemini India continues to hire even in COVID-19 crisis
Coronavirus

Capgemini India continues to hire even in COVID-19 crisis

At a time of crisis when most of the companies have hit a pause on hiring, IT major Capgemini will continue to hire as per plans and digitally onboard new employees in India despite the challenges arising due to the COVID-19 outbreak. Already in last weeks, Capgemini made it clear that the company will honour […]

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Cognizant linked top execs pay to its share performance
Industry

Cognizant linked top execs pay to its share performance

IT major Cognizant has linked the compensation of all top executives to its share performance relative to those of direct competitors and the company has also scrapped its ‘days sales outstanding’ metric, presumably in response to the Covid-19 pandemic. “Brian Humphries, CEO of Cognizant and other top executives obtain mounted parts like basic pay in […]

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POST COVID-19: 75% TCS employees to work from home
Coronavirus

POST COVID-19: 75% TCS employees to work from home

According to a report published in Business Today, Tata Consultancy Services (TCS) will ask 75 percent of its 4.48 lakh employees to work from home by 2025. The new secure borderless workspaces (SBWS) model has improved the company’s velocity by 25%. It means that TCS could shift to WHM as a ‘New-Normal’ once lockdown opens. […]

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No pay cut in April for employees, says IndiGo
Coronavirus

No pay cut in April for employees, says IndiGo

After the Government’s interference, IndiGo reverses plan to cut salaries of employees, drops March decision On April 23, in an e-mail, Ronojoy Dutta, CEO IndiGo said employees “In deference to our Government’s wishes of not reducing pay during the lockdown, we have decided not to implement the previously announced pay cuts during the month of […]

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How to Manage Remote Workforce Effectively
Blogosphere

How to Manage Remote Workforce Effectively

With the whole COVID-19 pandemic, the global economy is topsy turvy. Jobs are at stake, businesses are wading through troubled waters and livelihoods are being affected. With the onset of this current viral outbreak, the global workforce has been shoved into the realm of remote operations. Strict curfews and lockdowns have resulted in employees working from home (WFH), which is placing organisations […]

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COVID-19: Swiggy is cutting about 1,000 jobs
Coronavirus

COVID-19: Swiggy is cutting about 1,000 jobs

Online food delivery app Swiggy to cut about 1,000 jobs, most from its cloud kitchen division, as India’s top food delivery startup scales back some of its businesses in response to the coronavirus pandemic that has drastically affected millions of firms. The COVID-19 outbreak, which has severely hit the travel, hospitality, and aviation sectors the […]

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Artificial Intelligence (AI) in Indian Education
Learning & Development

Artificial Intelligence (AI) in Indian Education

AI has the promise of leading the education sector in India. We have a young population with over 600 million in the learning age. Unfortunately, our education infrastructure is far from adequate in doing justice to this huge population. Consequently, we stand at the juncture where our education renders only about 46% of our graduates […]

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