News: HR News, Trends & Workplace Insights

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

Updated on: Apr 2024
Cognizant delays salary increments until the August quarter
Compensation

Cognizant delays salary increments until the August quarter

An American multinational information technology services and consulting company, Cognizant has postponed its annual salary increases by four months, intending to implement them for eligible employees starting from August 1. Last year, the Nasdaq-listed firm provided raises to employees in April 2023. As reported by Economic Times, confirming the development, Cognizant stated, “We are committed […]

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Deloitte to recruit 50,000 people in India; explore WFO, WFH jobs
Hiring

Deloitte to recruit 50,000 people in India; explore WFO, WFH jobs

A multinational professional services network, Deloitte in India is on a hiring spree for various roles and locations. The company is planning to bulk-hire 40,000-50,000 people from India in the next four to five years. Earlier, CEO Romal Shetty said, “I think this is one of the most exciting times to be in India.” “I think as […]

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Vardhman Group appoints Aakash Thakur as VP – Corporate HR
Appointments

Vardhman Group appoints Aakash Thakur as VP – Corporate HR

Aakash Thakur, an accomplished International Human Resources leader has joined Vardhman Group as Vice President – Corporate Human Resources. Vardhman Group is India’s largest vertically integrated textile manufacturer with multiple production facilities across India and engaged in manufacturing and trading in Yarn and Processed Fabric, Sewing Thread, Acrylic fibre, and Alloy steel), headquartered in Ludhiana, […]

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Congress vows tax relief for employees and ‘first job’ of Rs 1 lakh
Industry

Congress vows tax relief for employees and ‘first job’ of Rs 1 lakh

Congress party, in its manifesto for the upcoming Lok Sabha elections, vows to implement a personal income tax structure that shields the salaried class from escalating tax rates, according to ET report. Political party congress pledges stable personal income tax rates throughout its tenure,” stated in its manifesto unveiled on Friday. Congress ensures stable personal […]

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IT industry expects 8-10% salary increase in 2024, Michael Page
Survey & Report

IT industry expects 8-10% salary increase in 2024, Michael Page

The IT services industry is experiencing a recalibration phase, with companies moderating salary increments to around 8%-10% when switching jobs. Demand is high for C-Suite positions in technology, data, AI/ML, product, security, and Gen AI, as reported by global recruitment firm Michael Page. The latest annual salary guidance highlights Gen AI technology as a focal […]

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Genpact elevates CHRO Piyush Mehta as Country Manager, India
Appointments

Genpact elevates CHRO Piyush Mehta as Country Manager, India

Genpact, a global professional services firm specializing in digital transformation, has announced the elevation of its Chief Human Resources Officer (CHRO), Piyush Mehta as Country Manager for India, effective immediately. This strategic move underscores Genpact’s commitment to leveraging talent within its organization and aligning leadership roles with its growth objectives. The appointment signals Genpact’s shift […]

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Unisys appoints Ruchi Kulhari as Senior Vice President & CHRO
CHRO Move

Unisys appoints Ruchi Kulhari as Senior Vice President & CHRO

A global technology solutions company, Unisys has announced the appointment of Ruchi Kulhari as senior vice president and chief human resources officer. She assumes her role immediately, reporting directly to Unisys Chair and CEO Peter Altabef, effective immediately upon her appointment to the position. On her appointment, Unisys Chair and CEO Peter Altabef said, “As an information technology […]

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F5 appoints Lyra Schramm as Chief People Officer
CHRO Move

F5 appoints Lyra Schramm as Chief People Officer

F5, Inc. has announced the appointment of Lyra Schramm as Executive Vice President and Chief People Officer (CPO) and Kunal Anand as Executive Vice President and Chief Technology Officer (CTO). Schramm and Anand have joined F5’s executive leadership team, with direct reporting lines to President and CEO François Locoh-Donou. Schramm’s role entails spearheading initiatives focused […]

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Zee Media expands leadership team to drive strategic growth
Appointments

Zee Media expands leadership team to drive strategic growth

Zee Media Corporation Limited has announced its significant expansion within its leadership team, marking a decisive stride towards fortifying its position in both linear and digital media spheres. Welcoming aboard seasoned industry stalwarts the company announced that- The company said, “Tejas’s diverse background in OTT, sports, entertainment, and English news sectors positions him as a […]

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Companies will train 650K+ employees in Gen AI; Deloitte Report
Survey & Report

Companies will train 650K+ employees in Gen AI; Deloitte Report

Between 2023 and 2024, over 650,000 employees in India will undergo Gen AI training amid a surge in AI adoption, with initiatives growing 2.7x, as per Deloitte. Additionally, 70+ startups providing Gen AI solutions have collectively secured over $590 million in investor funding. The report forecasts India’s Gen AI market to grow at a CAGR […]

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JPMorgan Chase is hiring for over 500 roles in India; Apply Here
Hiring

JPMorgan Chase is hiring for over 500 roles in India; Apply Here

A leading global financial services firm, JPMorgan Chase is on a hiring spree for various roles globally and in India. The company said on its career page, “Across JPMorgan Chase, we serve millions of customers and many of the world’s most prominent corporate, institutional, and government clients managing assets and investments, offering business advice and […]

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TCS Ninja Hiring: Deadline Ends on April 10, 2024, Apply Here
Hiring

TCS Ninja Hiring: Deadline Ends on April 10, 2024, Apply Here

Tata Consultancy Services (TCS), India’s largest information technology services company, has started freshers hiring, which comes as a significant relief for engineering graduates amidst a freeze in recruitment by several IT firms due to a slump in demand. TCS has invited applications from the batches of 2024 comprising BTech, BE, MCA, MSc, and MS graduates. […]

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