News: HR News, Trends & Workplace Insights

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Updated on: Jan 2023
ESIC: Dependent Benefit pays at the rate of 90% of wage
ESIC

ESIC: Dependent Benefit pays at the rate of 90% of wage

One of the two main statutory social security bodies, Employees’ State Insurance Corporation (ESIC) has announced that the dependent Benefit is eligible for benefits after the deceased of the Insured person. ESIC recently shared a Tweet from the official Twitter Handle saying, “Dependant Benefit pays at the rate of 90% of wage in the form of […]

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Unacademy builds LinkedIn competitor NextLevel, 40 people fired
Industry

Unacademy builds LinkedIn competitor NextLevel, 40 people fired

In another round of layoffs, an Indian educational technology company, Unacademy will let go of around 40 people. NextLevel, which was launched last month as a product that would ‘disrupt LinkedIn’ and make resumes irrelevant. Unacademy has laid off more than 1,200 employees since the start of 2021. The company has halved its team […]

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Hexaware appoints Sanjay Salunkhe to lead new ‘Digital and Software’ Unit
Appointments

Hexaware appoints Sanjay Salunkhe to lead new ‘Digital and Software’ Unit

Hexaware is actively realigning its service lines to enhance its offerings and serve customers better. A monumental step in this regard is the creation of a Digital and Software services unit that will combine all digital core transformation, custom product & application development, and platform-based development services into a single unit. This unit will include […]

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PGCIL is hiring HR Trainees, last date to apply is March 5
Hiring

PGCIL is hiring HR Trainees, last date to apply is March 5

Power Grid Corporation of India Limited (POWERGRID) (PGCIL) is hiring HR Trainees. The last date to apply for this position is 5 March 2023. PGCIL is offering a very attractive pay package and is one of the best in the Industry. The selected candidates will be placed in the pay scale of INR 40,000/- -3%- […]

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Air India to implement employment policy after March
Industry

Air India to implement employment policy after March

Recently, Indian Police arrested an Air India passenger after a complaint was filed by a woman on board for urinating on her. Shankar Mishra has been sent to judicial custody for 14 days. Regarding this incident, DGCA has instructed the TATA Group-owned Air India to establish a record of all passengers who have exhibited unruly behaviour and put them on […]

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Infosys BPM is hiring for various profiles, freshers walk-in on Jan 13
Hiring

Infosys BPM is hiring for various profiles, freshers walk-in on Jan 13

The business process management (BPM) subsidiary of Infosys Limited, Infosys BPM is hiring for various profiles including freshers and experienced ones. Additionally, there is a Walk-In drive on the 13th of January. Commenting on the hiring process the company said, “Your journey at Infosys BPM will be as good as the ideas you bring to […]

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TCS to hire over 1.25 lakh employees in FY24, total strength of 6 Lakhs
Industry

TCS to hire over 1.25 lakh employees in FY24, total strength of 6 Lakhs

India’s largest IT major, Tata Consultancy Services (TCS) has announced its Q3FY23 results for the quarter ending on December 31, 2022. The company said that it will be hiring 1.25 lakh to 1.5 lakh employees in the financial year 2023-24 (FY24). Since the company posted a decline of 2,197 people in its employee base, TCS headcount […]

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Tata Group is close to taking over iPhone maker’s plant in India
Industry

Tata Group is close to taking over iPhone maker’s plant in India

An Indian multinational conglomerate, Tata Group is close to taking over the iPhone maker’s plant in India. Wistron is one of the three Taiwanese iPhone makers in India along with Foxconn and Pegatron Corp. As Wistron plans to exit iPhone manufacturing in India, its Taiwanese partners are expanding their iPhone production lines. According to the […]

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HRA rules revised: Cases where the employees are not eligible
Compensation

HRA rules revised: Cases where the employees are not eligible

The Department of Expenditure, under the finance ministry, has updated the rules for claiming house rent allowance (HRA). There are three cases where government employees are not entitled to HRA. The HRA will be provided to Central Government Employees and is calculated based on the pay drawn in the 7th Pay Commission (7th CPC) recommendations, […]

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RS Sodhi steps down as Managing Director of Amul
Movement

RS Sodhi steps down as Managing Director of Amul

RS Sodhi has announced that he steps down from the Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) the brand of Amul, as a Managing Director (MD) with immediate effect. RS Sodhi said, “When I joined Amul in March 1982, our turnover was Rs 121 crore and about 12 lakh liters of milk was produced. Amul […]

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UK PM Rishi Sunak Plans New Law To Let Employers Fire Workers
Industry

UK PM Rishi Sunak Plans New Law To Let Employers Fire Workers

The UK PM Rishi Sunak plans a new Law to let employers fire workers. This legislation will allow employers in essential sectors to terminate the employment of striking workers. The proposed legislation is already facing opposition in the House of Lords from Keir Starmer. The leader of the opposition Labour Party has warned that if […]

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Evergreen Marine announces bonuses worth 50 months’ salary
Compensation

Evergreen Marine announces bonuses worth 50 months’ salary

A Taiwanese container transportation and shipping company, Evergreen has announced bonuses worth 50 months’ salary. The amount for bonuses for employees varies depending on an employee’s job grade and function and is only applicable to staff. The company has added this is the year-end bonuses are always based on the company’s performance for the year. Evergreen […]

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