Industry: HR News, Trends & Workplace Insights

Explore the latest Industry news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.

Updated on: Aug 2024
How TCS Empowering Its Employees with Innovation and Growth
Employee Engagement

How TCS Empowering Its Employees with Innovation and Growth

Tata Consultancy Services (TCS) has consistently demonstrated its commitment to empowering its employees and fostering a culture of innovation, growth, and professional development. Here’s a glimpse into how TCS is empowering its workforce: 1. Fostering a Culture of Continuous Learning at TCS TCS prioritizes employee development through a wide range of learning and development programs. […]

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Infosys Q1 Triumph; Employees Celebrate 80% Bonus Bonanza
Compensation

Infosys Q1 Triumph; Employees Celebrate 80% Bonus Bonanza

In a move that has uplifted the spirits of its workforce, Infosys—the renowned IT services firm—has initiated performance bonus pay-outs for eligible employees in the fiscal year 2024-25. The average bonus stands at an impressive 80% for the first quarter ending June. This substantial increase from the previous quarter’s 60% bonus reflects Infosys’s commitment to […]

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Debate Over TCS ₹7.5 LPA Package for CA Role, is it enough?
Compensation

Debate Over TCS ₹7.5 LPA Package for CA Role, is it enough?

Tata Consultancy Services (TCS) has extended job offers to newly qualified Chartered Accountants (CAs) with a total cost-to-company (CTC) of ₹7.5 lakhs per annum. This recent development has ignited discussions across professional circles. However, this seemingly modest compensation package has raised eyebrows and prompted intense debate within the CA community. The Offer Details TCS, a […]

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Former Tech Mahindra Executive Jagdish Launches Humanize
Industry

Former Tech Mahindra Executive Jagdish Launches Humanize

On August 21, 2024, Jagdish Mitra, the former India business head of Tech Mahindra, made waves in the tech industry by launching Humanize—a generative AI IP-powered Software-as-a-Service (SaaS) startup. Just four months after bidding adieu to the IT services giant, Jagdish embarked on an entrepreneurial journey that promises to revolutionize how businesses leverage artificial intelligence. […]

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Infosys Delays Onboarding of 2022 Freshers; Sparks Outrage
Hiring

Infosys Delays Onboarding of 2022 Freshers; Sparks Outrage

Software giant Infosys, known for its extensive campus recruitment drives, has recently faced delays in onboarding nearly 2,000 freshers who were offered positions in 2022. These roles primarily include System Engineers and Digital Specialist Engineers. The Pre-Training Sessions at Infosys Infosys had initially handed out offer letters to these fresh graduates, but the onboarding process […]

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Digital Transformation as the Cornerstone of Business Sustainability: Leading Finance Expert Asad Ullah on the New Game Rules of the Economic Arena
Industry

Digital Transformation as the Cornerstone of Business Sustainability: Leading Finance Expert Asad Ullah on the New Game Rules of the Economic Arena

Today’s business landscape is marked by exponential global digitalization, a trend that reached its zenith following the COVID-19 pandemic. The economic collapse of 2020 highlighted the urgent need for businesses and financial systems to adapt to new social realities. The United Nations’ 17 Sustainable Development Goals underscore the necessity of innovation to support and develop […]

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Why Big Four in India – Deloitte, PwC, EY, KPMG are on Hiring Spree
Employment

Why Big Four in India – Deloitte, PwC, EY, KPMG are on Hiring Spree

The Big Four – Deloitte, PwC, EY, and KPMG – are on a significant recruitment drive in India, signaling a robust growth trajectory for the country’s professional services sector. This surge in hiring can be attributed to several interconnected factors: India’s Emerging Talent Pool: India has become a global hub for skilled professionals, particularly in […]

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TCS iON launches a free digital certification course; Details Inside
Employment

TCS iON launches a free digital certification course; Details Inside

Are you looking to boost your career prospects in the ever-evolving digital landscape? Look no further than TCS iON, a strategic Tata Consultancy Services business unit that offers a 15-day free digital certification program. TCS iON Career Edge – Young Professional is a free-to-access 15-day career preparedness course designed to equip today’s youth with core employability skills […]

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Cognizant Defends Competitive Entry-Level Pay for Engineers
Compensation

Cognizant Defends Competitive Entry-Level Pay for Engineers

IT giant, Cognizant Technology Solutions has responded to recent social media criticism regarding its entry-level salary packages, emphasizing that it offers competitive pay for fresh engineering graduates. The IT giant clarified that salaries for fresh engineers range from Rs 4 to 12 lakh annually, depending on the role, skill set, and industry certifications. The lower […]

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Cognizant criticized for low salary hikes, Inaugurates new office
Compensation

Cognizant criticized for low salary hikes, Inaugurates new office

Cognizant Technology Solutions is under scrutiny for offering meager salary hikes to its employees, following a four-month delay in the rollout. According to sources, the increments range from as low as 1% to a maximum of 5%, depending on employee performance ratings. Those with a rating of 3 have reportedly received a hike between 1% […]

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Tata Group Explores TCS Development Centre in Visakhapatnam
Industry

Tata Group Explores TCS Development Centre in Visakhapatnam

The Andhra Pradesh Government, in collaboration with Tata Group, is exploring the feasibility of establishing a TCS Development Centre in Visakhapatnam. The discussions on this significant initiative were held during a meeting between Chief Minister N Chandrababu Naidu and Natarajan Chandrasekaran, Chairman of Tata Sons, in Amaravati. This potential development aligns with the state’s vision […]

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TCS Introduces Prime Campus With Rs. 9-11 L Offers
Hiring

TCS Introduces Prime Campus With Rs. 9-11 L Offers

Tata Consultancy Services (TCS), India’s largest IT services firm, has launched a new hiring tier called “Prime” as part of its campus recruitment strategy. This tier targets high-potential graduates by offering annual compensation packages between Rs 9 lakh and Rs 11 lakh, significantly higher than standard entry-level salaries. The Prime tier is designed to secure […]

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