Industry: HR News, Trends & Workplace Insights

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Updated on: Mar 2021
Tata Sons Restores Pay and Offers Salary Hikes from April
Industry

Tata Sons Restores Pay and Offers Salary Hikes from April

Tata Sons Restores Pay and offers Salary Hikes from April 2021 Tata Sons, the holding company of Tata Group has restored staff salaries to the pre-Covid levels and is likely to announce pay hikes from April 2021. Remarkably, the top executives of Tata group companies’ had taken around 20% pay cuts in 2020 to keep costs low […]

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SKF India to cover the cost of COVID-19 Vaccination for all employees
Coronavirus

SKF India to cover the cost of COVID-19 Vaccination for all employees

SKF India to cover the cost of COVID-19 vaccination for all employees and their immediate family members In its commitment to ensuring employee health and well-being, SKF India announced cost coverage for COVID-19 vaccination drive for all employees and their immediate family members as per the guidelines by the Government of India. Through this drive SKF intends […]

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India’s largest IT firm, TCS is looking for ‘Talent on Cloud’
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India’s largest IT firm, TCS is looking for ‘Talent on Cloud’

Tata Consultancy Services is looking for ‘Talent on Cloud’ Tata Consultancy Services (TCS), India’s largest IT firm, is looking for ‘talent on cloud’ — literally. A vital part of its efforts to reimagine its human resources strategy is the focus on the fungibility of talent. The company is also looking at creating an algorithm-based talent […]

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Xiaomi India rewarding employees with hardship bonus
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Xiaomi India rewarding employees with hardship bonus

Xiaomi India rewarding employees with hardship bonus Xiaomi India is rewarding half-a-month hardship bonus for all its employees, as a token of thanks for his or her work in the course of the pandemic. Manu Jain, Managing Director of the company said, “this allowance will be in addition to the salary hike and bonus paid […]

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Microsoft announces to reopen headquarters from March 29
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Microsoft announces to reopen headquarters from March 29

Microsoft announces to reopen headquarters from March 29 Microsoft on Monday announced to slowly reopen its Redmond, Washington-based headquarters and nearby campuses from March 29 with a six-stage hybrid workplace strategy. The company said that while stages 4 and 5 offer limited or augmented options for workers who choose to be on-site, employees are encouraged […]

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ICICI, HDFC, and few more Banks to bear Covid vaccine cost for employees
Coronavirus

ICICI, HDFC, and few more Banks to bear Covid vaccine cost for employees

ICICI, HDFC, and few more Banks to bear Covid vaccine cost for employees ICICI Bank announced that it will provide COVID-19 vaccination for its employees and their immediate family members free of cost. The Bank will reimburse the cost of the two mandated vaccine shots for its employees and their dependent family members, said in a […]

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Tech Mahindra to cover Covid-19 vaccination cost for employees globally
Coronavirus

Tech Mahindra to cover Covid-19 vaccination cost for employees globally

Tech Mahindra to cover Covid-19 vaccination cost for employees globally Tech Mahindra, today announced that it will cover the Covid-19 vaccination cost for all its associates globally. Tech Mahindra has urged all its associates to register themselves for vaccination through the government app – CoWIN/Aarogya Setu, and follow the mandated process. Currently, Tech Mahindra has over with 121,900 […]

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TCS rolls-out another salary hike within 6 months for all employees
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TCS rolls-out another salary hike within 6 months for all employees

TCS rolls-out another salary hike within 6 months for all employees India’s biggest IT major, Tata Consultancy Services (TCS) has announced a second salary hike within six months, effective from the month of April this year. It would be covering more than 469,000 employees. Previously, the company had rolled out salary hikes by 6-8 per […]

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Nokia to cut up to 10,000 jobs globally, including India
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Nokia to cut up to 10,000 jobs globally, including India

Nokia to cut up to 10,000 jobs globally, including India It is unclear where the bulk of the cuts will fall, but it said about 96 jobs in the UK were under threat as part of the €600m (£518m) cost cuts. Nokia is playing catch-up on 5G, and also plans to invest in cloud computing […]

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Accenture to give one-week base pay as a one-time bonus
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Accenture to give one-week base pay as a one-time bonus

Accenture to give one-week base pay as a one-time bonus IT and professional services company Accenture on Thursday said it will give one week of base pay as a one-time bonus to all its 5 lakh employees across the world for their contribution during the challenging year. The move will benefit around 2 lakh employees […]

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Tech companies ready for future hybrid work model
Industry

Tech companies ready for future hybrid work model

Tech companies ready for future hybrid work model The pandemic plunged most knowledge workers headlong into the world of remote work – and productivity didn’t disintegrate. According to the consulting firm’s survey, remote work has actually boosted employee productivity in most cases: 81% of employees and 80% of employers believe remote work has proved as productive or […]

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