News: HR News, Trends & Workplace Insights

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Updated on: Jul 2023
PM Modi to virtually distribute over 70,000 appointment letters
Industry

PM Modi to virtually distribute over 70,000 appointment letters

Prime Minister Shri Narendra Modi (PM Modi) will distribute more than 70,000 appointment letters to newly inducted recruits on 22nd July, 2023 at 10:30 AM via video conferencing. Prime Minister (PM Modi) will also address these appointees on the occasion. The Rozgar Mela will be held at 44 locations across the country. The recruitments are […]

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Infosys, TCS, and Wipro net employee addition crashes across IT major
Industry

Infosys, TCS, and Wipro net employee addition crashes across IT major

Indian IT services companies, Tata Consultancy Services (TCS), Infosys, Wipro, and HCLTech, reported their Q1 FY 2023-24. In total Tata Consultancy Services (TCS), Infosys, Wipro, and HCLTech have reduced the net employee addition by nearly 18000. HCL HCLTech attrition rate for the quarter remained at 16.3% from 19.5 % in the preceding March quarter of fiscal 2022-23. The company has 223,438 […]

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TCS iON is hiring 2018- 2024 freshers, last day to apply is July 31
Hiring

TCS iON is hiring 2018- 2024 freshers, last day to apply is July 31

TCS iON, a strategic unit of Tata Consultancy Services is hiring freshers for 2018-2024 batches through TCS National Qualifier Test (TCS NQT). TCS iON is focused on Manufacturing Industries (SMB), Educational Institutions, and Examination Boards. It provides technology by means of a unique IT-as-a-Service model, offering end-to-end business solutions. This special edition of the TCS […]

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Company sacks ‘Top Performer’ to set an example for others
Social Media

Company sacks ‘Top Performer’ to set an example for others

Employees are the backbone of any organization. However, a Reddit user posted about a company that had unexpected and questionable behavior on social media, which gained significant attention and criticism. According to the user, the company fired one of its most accomplished employees. The post said, “Honestly, a lot of things have been going down at […]

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Infosys headcount shrinks by 6,940 in Q1FY24, attrition dips
Industry

Infosys headcount shrinks by 6,940 in Q1FY24, attrition dips

Infosys, a global leader in next-generation digital services and consulting reported its Q1FY24 results on Thursday. It has delivered $4,617 million in Q1 revenues with year-on-year growth of 4.2% and sequential growth of 1.0% in constant currency. Large deal TCV for the quarter was at $2.3 billion, with net new of 56.1%. Operating margin for […]

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EPFO adds 16.30 lakh net members during the month of May, 2023
EPFO

EPFO adds 16.30 lakh net members during the month of May, 2023

EPFO’s provisional payroll data released on 20th July, 2023 highlights that EPFO has added 16.30 lakh net members in the month of May, 2023. The data reveals that 3,673 establishments have extended social security cover of EPFO to their employees by remitting their first ECR during the month. The data indicates that around 8.83 lakh new […]

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HAL appoints Atasi Baran Pradhan as HR Director
Appointments

HAL appoints Atasi Baran Pradhan as HR Director

An Indian public sector aerospace and defence company, Hindustan Aeronautics Limited (HAL) has elevated Atasi Baran Pradhan as HR Director, effective July 19, 2023. In this role, he will be responsible for the coordination and implementation of personnel and industrial relations policies, management functions, and administrative control within the organization. He joined Hindustan Aeronautics Limited (HAL) […]

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Google salary data, software engr paid Rs 5.90 crore base salary
Compensation

Google salary data, software engr paid Rs 5.90 crore base salary

This salary data came from an internal spreadsheet shared among Google employees that contained information on more than 12,000 US workers. In the middle of layoffs and a salary freeze, Google is paying its employees a high salary. Google employees were reported to have earned an average total compensation of $279,802 (approximately Rs. 2.3 crore) in […]

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New Trends in Talent Acquisition in 2023
Industry

New Trends in Talent Acquisition in 2023

Talent acquisition deals with developing, implementing, and evaluating programs for sourcing, recruiting, hiring, and orienting talent. The Covid 19, remote working, and now implementation of Artificial intelligence (AI) have set new trends in talent acquisition in 2023. Deepanshu Anand, Leader- Internal hiring & Global onboarding at Ericsson has shared a LinkedIn post sharing the latest […]

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Over 3 Lakhs employees (1,600 people per day) laid off in 2023
Layoffs

Over 3 Lakhs employees (1,600 people per day) laid off in 2023

The year 2023 has been a year of layoffs over 3 Lakhs employees (1,600 people per day) were laid off in 2023. The move of layoffs is part of a larger trend of tech companies cutting jobs and slowing hiring as investors become increasingly fearful of a recession. Tech companies have either frozen the hiring process or […]

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TCS Launchpad Program for freshers 2024 batch; Apply
Hiring

TCS Launchpad Program for freshers 2024 batch; Apply

India’s largest IT services provider company, TCS has introduced “Launchpad” which is an exclusive student community. It is a learning program for 2024 batch freshers studying BE/ BTech /ME/ MTech/ MCA/ MSc. TCS Launchpad for the Perfect Career Take-off Commenting on the Launchpad the company said, “Join our exclusive student community for the 2024 batch.” TCS […]

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ESIC Scheme enrolled 20.23 lakh new workers under in May, 2023
ESIC

ESIC Scheme enrolled 20.23 lakh new workers under in May, 2023

The provisional payroll data of Employees’ State Insurance Corporation (ESIC) reveals that 20.23 lakh new employees have been added in the month of May, 2023. Around 24,886 new establishments have been registered and brought under the social security umbrella of the Employees’ State Insurance Corporation in the month of May, 2023, thus ensuring more coverage. […]

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