News: HR News, Trends & Workplace Insights

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Updated on: Feb 2020

Labour Law

Salaried employees could face a cut in interest on PF deposits in FY

Feb 28, 2020

Salary Hike in Decoding Appraisal Trends- Timesjob

India Inc can expect double-digit salary hike this year TimesJobs survey reveals that a majority ...

Survey & Report

Feb 28, 2020

Latest news: Salary Hike in Decoding Appraisal Trends- Timesjob - SightsIn Plus

Cognizant Named a Top Employer in Countries Worldwide

Cognizantnbsphas been named a Top Employer in countries worldwide bynbspTop Employers In...

Survey & Report

Feb 28, 2020

Latest news: Cognizant Named a Top Employer in Countries Worldwide - SightsIn Plus

NCLT approves Hindustan Unilever, GSK Consumer Healthcare merger

GlaxoSmithKline Consumer Healthcare GSKCH India on Wednesday said its merger deal with Hindustan U...

Merger & Acquisition

Feb 27, 2020

Latest news: NCLT approves Hindustan Unilever, GSK Consumer Healthcare merger - SightsIn Plus

Jobs

PepsiCo to set up a new manufacturing unit in Assam

Food and beverage company PepsiCo India has proposed to set up a Rs 400-crore greenfield project for manufacturing Lays potato chips and Kurkure corn puffs in Assam. Assam’s Industry Minister Chandra Mohan Patowary on Wednesday said PepsiCo India has proposed to invest Rs 400 crore in the state to set up a greenfield project for […]

Feb 27, 2020

Jobs

Expedia cuts 3,000 jobs

Expedia has announced that it would be laying off almost 3,000 employees globally, including 500 from its brand new Seattle headquarters. Online travel giant Expedia has committed to a restructuring effort designed to simplify the company’s businesses and improve operational efficiencies and it will eliminate 12% of its workforce or around 3,000 jobs. In an […]

Feb 27, 2020

Survey & Report

Coronavirus impact on Indian Economy

Coronavirus has killed more than 350 people in China. Confirmed cases of the virus have been reported from Hong Kong, Australia, Thailand, France, Japan, Taiwan, Vietnam, Singapore, South Korea, Macao, and Nepal. In this report, we are trying to find out Coronavirus’s impact on the Indian economy, manufacturing, and non-manufacturing industries, import-export industries, and IT industries. […]

Feb 26, 2020

Labour Law

Labour ministry notifies higher pension for 6.3 lakh EPS pensioners

The Government on February 20, 2020, has notified the restoration of full pension after 15 years of retirement for pensioners under the Employee Provident Fund (EPF) Scheme who have commuted part of their pension at the time of retirement. The move is expected to result in a substantial increase in pension for those Employees Provident […]

Feb 25, 2020

Survey & Report

Immigration steers HR policies of US firms- Report

The Immigration Trends Report 2020 by Envoy Global and The Harris Poll surveyed over 400 HR professionals and found that 85% of employers expect their company’s headcount of foreign nationals to increase or remain the same in the next year. “This year’s survey confirms the clear importance of foreign talent in the U.S. economy, as the skills gap shows […]

Feb 24, 2020

Labour Law

Senior Citizen Pensioners under EPFO can submit their life certificate online anytime

The central government has decided to make life easier for Senior Citizens to submit their Annual Life Certificate for the continued pensions. Now pensioners under the EPFO can submit their life certificates online anytime during the year. The retirement fund body said the reforms initiated in submission of life certificate or Jeevan Pramaan Patra benefits […]

Feb 24, 2020

Survey & Report

Your salary hike in 2020

Companies are expected to increase average pay by 9.1% in 2020 vs 9.3 % in 2019 Slowdown in the economy is reflected in subdued salary increase projections in the country. The average pay increase in 2020 is projected to grow at 9.1 percent, which is the highest in the Asia Pacific region but is at […]

Feb 22, 2020

Jobs

Amazon India has set no retirement age for its employees

Joining the Amazon India is certainly not easy, candidates go through up to 12 rounds of screening. However, the silver lining is that, once in, the candidate can stay on for as long as he/she likes, or so it seems, because unlike most organizations, which retire their employees at 58 or 60 years of age, […]

Feb 22, 2020

Labour Law

EPFO to start e-inspection to monitor voluntary compliance of EPF scheme

EPFO will launch an e-inspection system across the country for monitoring voluntary compliance of the EPF scheme by employers. The EPFO is a firm believer in voluntary compliance and wants to understand the industry issues in case of default and non-compliance of the scheme, Central Provident Fund Commissioner Sunil Barthwal said. “The EPFO will start an e-inspection system to […]

Feb 22, 2020

Labour Law

EPFO, ESIC related grievances will be resolved quickly: Labour minister, S K Gangwar

The Labour and Employment Ministry said procedures and policies are being streamlined to ensure speedy redressal of grievances related to EPFO, ESIC and other entities under it. In 2019, there were a total of 9,02,203 complaints on the EPFi Grievance Management System (EPFiGMS) and out of them, 8,38,579 complaints were disposed of, as per official […]

Feb 21, 2020

CHRO Move

Former Head- HR of Carl ZEISS India Sudipto Mandal joins Star Cement as CHRO

The Former Head- Human Resources of Carl ZEISS India, Sudipto Mandal joins Star Cement Ltd, a listed company and part of a billion-dollar conglomerate – Century Plyboard (I) Limited as Vice President and CHRO – HR & Admin. In his new role, Sudipto is a member of the Leadership Team and reporting to the CEO. […]

Feb 21, 2020

Merger & Acquisition

Alstom agreed to buy Bombardier’s train division

French company Alstom has announced on Monday, 17th Feb, that it has signed a Memorandum of Understanding with Bombardier Inc. and agreed to buy the rail division of Bombardier. “I’m very proud to announce the acquisition of Bombardier Transportation, which is a unique opportunity to strengthen our global position on the booming mobility market. This […]

Feb 20, 2020