News: HR News, Trends & Workplace Insights

Former officials of Cognizant, LT booked in Tamil Nadu bribe case

There have been various reports when senior officials of any company give bribes to get the tender o...

Latest news: Former officials of Cognizant, LT booked in Tamil Nadu bribe case - SightsIn Plus

Amid layoffs, this Indian IT company plans to hire , employees

HCLTech, which completed five years of successful operations in Romania, will scale up its offices i...

Latest news: Amid layoffs, this Indian IT company plans to hire , employees - SightsIn Plus

Badri Srinivasan to Lead Wipro India and Southeast Asia Businesses

Wipro Limited, a leading technology services and consulting company, announced that Badri Srinivasan...

C-Suite Move

Latest news: Badri Srinivasan to Lead Wipro India and Southeast Asia Businesses - SightsIn Plus

Compensation

Salary hike alert: Air India staff to receive 8-10% salary hike

According to a Livemint report, the flag carrier airline of India, Tata group-owned Air India will be revising the salary of staff and it is expected the salary hike to be nearly 8-10%. It is expected that the shortage of pilots is the key reason behind the decision to raise salaries. There has been a […]

EY announces modernization of payroll employee care using ChatGPT

As part of the combined commitment to utilize the most advanced Azure OpenAI technologies in the tax and legal industry, EY announces a deepened strategic collaboration with Microsoft to develop EY Intelligent Payroll Chatbot as part of the Next Gen Payroll Platform. By leveraging the Microsoft Cloud and Azure OpenAI Service – enhanced by the […]

TCS MBA Off Campus Hiring for Batch 2022-2023, last date 20 Apr

An information technology services and consulting company, Tata Consultancy Services (TCS) is conducting hiring for MBA for the batches of 2022 & 2023. TCS Management Hiring is the recruitment of Management Postgraduates for permitted specializations. The company has been organized for pan India candidates of 2022 & 2023 Year of Passing (YoP) for the following specializations: […]

Infosys & Cognizant is turning out to be the CEO factory for India

Infosys & Cognizant is turning out to be the CEO factory for India. The two companies have built great leaders for senior roles. Mohit Joshi and Ravi Kumar S have strong leadership qualities and Infosys has generated two great leaders. Apart from this, Cognizant has also produced leaders including Debashis Chatterjee the current CEO of […]

IISER Bhopal is inviting for Summer Internship Program 2023

IISER Bhopal invites applications from bright and motivated students interested in basic sciences, engineering sciences, and economic sciences for its summer research internship program. Eligibility and Rules Other Details The portal will be open from March 27 till April 16, 2023. To check the official notification Click Here and Apply here. The selected candidates would […]

Employment

Rishi Sunak announces childcare benefits for working parents

Females contribute a major contribution to the workforce keeping in mind Rishi Sunak took LinkedIn to announce the childcare benefits for working parents in the Spring Budget. Rishi Sunak on LinkedIn said, “For too many, a career break becomes a career end. That’s why two weeks ago in the Spring Budget we announced a revolution […]

C-Suite Move

Ajay takes over ASSOCHAM as President; Sanjay as Senior VP

Mr. Ajay Singh, Chairman & Managing Director of SpiceJet, India’s leading airline, has taken over as President of the Associated Chambers of Commerce and Industry of India (ASSOCHAM). Mr. Ajay is a first-generation entrepreneur. He replaces Mr. Sumant Sinha who has completed his distinguished tenure at the chamber. Mr. Sanjay Nayar, Founder and Chairman of Sorin […]

Indian IT firms to reduce Tech hiring by 40% in FY24

Due to Inflationary pressures, the Russia-Ukraine crisis, and the US and European banking spiral it is expected that Indian IT companies may cut down the hiring of engineers by around 40 percent year-on-year (YoY) in FY24. Due to the economic uncertainty, layoff wave, and current conditions, there are major possibilities that there is less risk of […]

EPFO

Will implement higher pension order: Minister Bhupender Yadav

One of the World’s largest Social Security Organisations, Employees’ Provident Fund Organisation‘s (EPFO) recent circular complies with the Supreme Court order. It has laid down the terms and conditions for an EPFO subscriber for getting a higher pension. EPFO released a new circular on February 20, 2023. The EPFO has issued instructions in compliance with orders contained […]

Compensation

Meta may lower bonus payments of some employees

According to the reports, Facebook owner Meta will be lowering bonus payments for some employees. The bonus multiplier for that grade has been cut to 65% from 85% earlier. Chief Executive Mark Zuckerberg earlier in February declared 2023 the “year of efficiency.” Following the footsteps, the company will also restart assessing staff performance twice a year. The reports […]

Layoffs

McKinsey & Company to slash 1,400 jobs this week

According to a Bloomberg report, Consulting giant McKinsey & Company is embarking on a rare round of major job cuts, with plans to eliminate about 1,400 jobs this week. The job cut is nearly 3% of the total workforce. The company is laying off employees due to a global economic downturn. The company is restructuring […]

IIT Roorkee “SPARK” paid internship, last date 31 March, Apply

IIT Roorkee is organizing institute-funded SPARK fellowships for internships with a weekly stipend of ₹2500/week and project-funded internships in 2023. The objective of the IIT Roorkee internship is to provide research exposure to interested undergraduate and postgraduate students of IITR. Also Watch, Salary Hike Trends in India -2023, Click Here Eligibility Criteria The following minimum CGPA […]