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Total Rewards Optimization Strategy
Compensation & Benefits

Total Rewards Optimization Strategy

Total Rewards Optimization, “From Motivation 2 A Model 4 Emulation” As the field of Personnel Management evolved beyond just the 3Rs (Recruit, Retain, Retire) in the last few decades to Human Resources Management with key verticals such as TA, PMS, TMS and especially C&B (Compensation & Benefits) made significant contributions to the organisations, in the […]

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EPFO cuts interest rate to 8.5% for 2019-20
Labour Law

EPFO cuts interest rate to 8.5% for 2019-20

EPFO cuts interest rate on deposits to 8.50% for FY20; move to affect 6 crore salaried employees The Employees’ Provident Fund Organisation (EPFO) on Thursday lowered the interest rate on provident fund deposits to 8.50% for FY20 (2019-20) from 8.65% in FY19 (2018-19), Labour Minister Santosh Gangwar said on Thursday. The new rate is 15 basis points below the figure for […]

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Delhi Govt suspends biometric attendance in offices
Jobs

Delhi Govt suspends biometric attendance in offices

On Thursday, 5th March, The Delhi govt has advised offices to suspend biometric attendance in the wake of the coronavirus outbreak. “A letter has been written to principal secretaries, secretaries, autonomous bodies and municipal corporations for the suspension of biometric attendance in view of coronavirus threat,” the official told PTI. Several government institutions and organizations started registering attendance manually. […]

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Tech Mahindra bans travel amidst the Coronavirus Outbreak
Jobs

Tech Mahindra bans travel amidst the Coronavirus Outbreak

Tech Mahindra, an Indian multinational subsidiary of the Mahindra Group, providing information technology services and business process outsourcing to companies in various vertical and horizontal markets, bans all Domestic & International Travel with immediate effect amidst the Coronavirus Outbreak. Talking to SightsIn Plus, Harshvendra Soin, Chief People Officer, Tech Mahindra, said, “At Tech Mahindra, we […]

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Why Most of Employee Wellness Programs Fail
Compensation & Benefits

Why Most of Employee Wellness Programs Fail

The concept of “Employee Wellness” has become the flavour of the season in many corporates. To be an employer of choice, many corporates join the bandwagon of employee wellness without much deliberations and hence these programs fail. In order to have a healthy and happy workforce, employee wellness should become an integral part of the […]

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TCS, Microsoft, and Wipro restrict travel due to Coronavirus
Jobs

TCS, Microsoft, and Wipro restrict travel due to Coronavirus

As the Coronavirus outbreak reaches Indian shores with at least 29 confirmed cases in the country, its effects have begun to be felt in many quarters. Companies and industries around the world are now contemplating their next move to contain the virus, safeguard employees and sustain the business. An Intel employee in Bangalore has potentially […]

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Top 5 HR Trends in 2020 for E-Commerce
New HR Trends

Top 5 HR Trends in 2020 for E-Commerce

As technology is pushing human evolution, businesses need to be acutely aware of the human angle in every new disruption unleashed by tech-enabled solutions. The Indian e-commerce market is expected to reach $100 billion replacing China as the top retail destination by 2022 and generate more than 1 million jobs. As we entered 2020, the human […]

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Paytm shuts its offices in Gurugram and Noida for two days
Jobs

Paytm shuts its offices in Gurugram and Noida for two days

Paytm confirms one employee in Gurugram has tested positive for novel coronavirus, thus company shuts offices for two days and advised all its employees to work from home for the next couple of days while the Gurgaon unit gets sanitised. According to the spokesperson, the employee had recently returned from a vacation in Italy, one […]

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Rethink both the Process of Rewards and Goals of Performance
Compensation & Benefits

Rethink both the Process of Rewards and Goals of Performance

Consumer behaviour experts swear by the statement,” Buying is an emotional decision”. All of us have experienced it in our daily lives. Irrespective of all the data, analysis, peer influence, advertising, and the price, ultimately the decision is influenced by our subconscious biases mainly driven by the primal stimulus- Emotion. The same thing can be […]

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Millennials welcome revised income tax slab – Survey
Survey & Report

Millennials welcome revised income tax slab – Survey

TimesJobs survey on the impact of Union Budget 2020 reveals that most (56%) professionals welcomed that income tax slab revision, The announcements related to insurance policies were the biggest disappointment 39% of young professionals said that the Union Budget 2020 failed to introduce concrete plans on employment generation 41% of professionals said that the policies […]

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Fin-Tech firm Loanwalle.com to invest 30 Crore in Punjab
Industry

Fin-Tech firm Loanwalle.com to invest 30 Crore in Punjab

Fin-Tech Startup; Loanwalle.com added another feather to its cap by expanding its operations in Punjab. Going ahead with its rapid expansion plan, the company invested INR 30 Cr in Punjab while focusing on key cities like Chandigarh, Ludhiana, Ambala, Jalandhar, and Amritsar. Ranked 14th on the GDP index, 46% of the population in Punjab comprises […]

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Ashok Kumar Kalra appointed as Director- HR, EIL
CHRO Move

Ashok Kumar Kalra appointed as Director- HR, EIL

Ashok Kumar Kalra appointed as Director- HR, (EIL) Engineers India Limited. He replaces VC Bhandari who retires as Director- Human Resources. Engineers India Limited (EIL) is a design and engineering company in the field of petroleum refineries, petrochemicals, oil and gas processing, offshore structures and platforms, fertilizers, metallurgy, and power. Prior to this promotion, Ashok has […]

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