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: May 2020
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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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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PayPal India announces ‘ElderCare’ a new employee benefit plan
Employee Retention

PayPal India announces ‘ElderCare’ a new employee benefit plan

PayPal India has announced the launch of its new employee benefit plan, ElderCare@PayPal. According to the company statement, ElderCare is an in-house curated programme that facilitates holistic wellness for employees ’ parents and parents-in-law. These parents may or may not be living with their children, may not have access to proper health and well-being services […]

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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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Fujifilm India opens a new office in Bengaluru, plans to increase its workforce by 30%
Industry

Fujifilm India opens a new office in Bengaluru, plans to increase its workforce by 30%

Fujifilm India, one of the global pioneers in imaging technologies opened its new office in Bengaluru. This new set-up will help the company further expand its presence in southern India, better serve its existing customers, and also provide an exciting working environment to its workforce. “With the new workplace, Fujifilm plans to increase its workforce […]

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Samsung to set up India’s 1st mobile display manufacturing plant in Noida
Industry

Samsung to set up India’s 1st mobile display manufacturing plant in Noida

Samsung is investing $500 million to set up a new plant in Delhi/NCR for manufacturing smartphone displays. The company finally got the green light from the Indian government and will proceed with the investment in April 2020. The new plant will be worth $500 million and will be located in Noida – close to Samsung’s […]

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Wipro, Infosys and HCL Technologies hit by fresh employee discrimination suits in the US
Industry

Wipro, Infosys and HCL Technologies hit by fresh employee discrimination suits in the US

Indian IT giants Wipro, Infosys and HCL Technologies have faced fresh lawsuits on employee discrimination in the US last month at a time when these firms are seeing an increased hostility for visas in their largest export market. According to Economic Times, In December, Wipro received a lawsuit over allegations of racial discrimination by an African-American employee named Kevin Clark. […]

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EdCast Announces Global Alliance with TCS on Knowledge Management Platform
Industry

EdCast Announces Global Alliance with TCS on Knowledge Management Platform

Tata Consultancy Services’ systems integration services now offered for implementation and engagement of EdCast’s Knowledge Cloud and learning experience platform for its G2000 enterprise customers EdCast, the provider of the leading workforce learning experience content aggregation and curation platform, today announces an alliance with Tata Consultancy Services (TCS), a leading global IT services, consulting and […]

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Huawei to pay workers an extra month’s salary and bonuses
Industry

Huawei to pay workers an extra month’s salary and bonuses

Huawei Technologies will double staff salaries and pay bonuses for helping the Company cope with US sanctions that threaten its smartphone and other businesses. The announcement told employees the bonuses were to “thank you for your efforts” since US curbs on technology sales to Huawei were announced in May. Zheng Liangcai, Huawei’s HR Head, wrote to staff “The company has decided to hand out a ‘Special Award for Struggles’ […]

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Six persons injured in a massive factory blast at Vadodara
Industry

Six persons injured in a massive factory blast at Vadodara

Six people were injured after a boiler exploded at a blower manufacturing company, Chemshell company in Vadodara’s GIDC- Makarpura area, on Monday evening. The incident said to have occurred after the increase of pressure in the testing machine inside the company. The injured are rushed to the hospital as fire brigade reached the spot and […]

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Whistleblower group accuses Infosys of unethical practices to increase numbers
Industry

Whistleblower group accuses Infosys of unethical practices to increase numbers

A group calling itself “Ethical Employees” has complained to the board of Infosys and the US Securities and Trade Fee (SEC) alleging that the corporate is taking ‘unethical’ steps to spice up short-term income and income and stating that the complainants have emails and voice recordings to substantiate the claims. According to newpaper24, A whistleblower […]

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