News: HR News, Trends & Workplace Insights

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Updated on: Sep 2020
Govt notifies 50% unemployment benefit to esic subscribers
Labour Law

Govt notifies 50% unemployment benefit to esic subscribers

Labour Ministry has notified 50% unemployment benefit to ESIC subscribers The Labour Ministry has notified enhanced payout under the Atal Beemit Vyakti Kalyan Yojana, paving way for 50% unemployment benefit to the subscribers of the Employees’ State Insurance Scheme with relaxed eligibility conditions up till December 31, 2020. The move will benefit formal workers, enrolled […]

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MAN, a subsidiary of Volkswagen to cut up to 9,500 jobs
Jobs

MAN, a subsidiary of Volkswagen to cut up to 9,500 jobs

VW truck maker MAN plans to cut up to 9,500 jobs worldwide Berlin: Truck and bus maker MAN, a subsidiary of Volkswagen, said Friday that it plans to shed up to 9,500 jobs worldwide as part of a cost-cutting drive. MAN said the planned package of measures is intended to improve the company’s operating result by about […]

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HCL announces launch of AI Lab, collaborates with Nvidia
Industry

HCL announces launch of AI Lab, collaborates with Nvidia

HCL Technologies joins Nvidia Partner Network, will pursue opportunities in AI space HCL Technologies (HCL), a leading global technology company, announced it has joined NVIDIA Partner Network (NPN), the US-based technology company’s partner program, with plans to pursue expanded opportunities in the Artificial Intelligence (AI) space. According to the press release, HCL also announced the […]

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Capgemini named Leader in M&L IT services by NelsonHall
Industry

Capgemini named Leader in M&L IT services by NelsonHall

Capgemini named a Leader in Mortgage and Loan IT Services by NelsonHall NelsonHall has named Capgemini a leader in its recent NelsonHall Evaluation & Assessment Tool (NEAT) report on Mortgage and Loan (M&L) IT Services. To be a leader in NelsonHall’s NEAT assessment, a technology services provider must exhibit a high ability relative to its peers to deliver […]

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Spinny has offered more employee-friendly HR policies
Jobs

Spinny has offered more employee-friendly HR policies

Spinny has offered 12 days menstrual leave besides work from home and family adoption policy Spinny, a full-stack online platform for buying and selling used cars has announced the introduction of more employee-friendly human resource (HR) policies, including menstrual leave for female employees. Besides, other new HR policies cover work from home and family adoption. […]

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Infosys to hire an additional 500 tech employees in Rhode
Jobs

Infosys to hire an additional 500 tech employees in Rhode

Infosys plans to hire additional 500 tech employees in Rhode Island by 2023 India’s second-largest IT services firm Infosys on Thursday said it plans to hire 500 additional tech workers in Rhode Island, US by 2023. These 500 new employees are part of Infosys’ broader workforce commitment and its recent announcement to hire 12,000 additional workers in […]

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Union Cabinet approves 03 Labour Law Codes
Labour Law

Union Cabinet approves 03 Labour Law Codes

Union Cabinet approves 03 Labour Law Codes at a meeting held on 8th September Three labour codes involving what the government called “important labour reforms” were approved by the Union cabinet at a meeting held on 8th Sept evening. The codes involve social security, occupational safety, health and working conditions, and industrial relations, sources said. […]

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EPFO: Deposit Linked Insurance benefits hiked to Rs 7 lakh
Labour Law

EPFO: Deposit Linked Insurance benefits hiked to Rs 7 lakh

The Employees’ Provident Fund Organisation (EPFO) on Wednesday increased the maximum assurance benefit to up to Rs. 7 lakh from the existing cover of Rs. 6 lakh under the Employees’ Deposit Linked Insurance (EDLI) scheme. Employees’ Deposit Linked Insurance, EDLI is an insurance cover provided by the Employees’ Provident Fund Organization (EPFO). A nominee or legal […]

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EPFO to pay 8.5% interest on Provident Fund in 2 tranches
Labour Law

EPFO to pay 8.5% interest on Provident Fund in 2 tranches

EPFO to pay 8.5% interest rate in two tranches of 8.15% & 0.35% The Retirement fund body EPFO or Employees’ Provident Fund Organisation has decided to keep the interest rate unchanged at 8.5 per cent for the current financial year 2019-20, the government said on Wednesday. However, the interest payable to provident fund subscribers will […]

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HCL Technologies opens new centre, to hire 3,000 people
Jobs

HCL Technologies opens new centre, to hire 3,000 people

HCL Technologies opens new centre in Colombo, to hire 3,000 people IT services major HCL Technologies on Tuesday said it has opened a global development centre in Colombo, Sri Lanka, and expects to hire over 3,000 people in the next few years for the facility. The new centre was inaugurated by Sri Lanka Prime Minister […]

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Google introduces a three-day weekend for employee
Jobs

Google introduces a three-day weekend for employee

Google introduces a three-day (Friday, Saturday, Sunday) weekend for employee After extending its work-from-home model until 2021 summer, the tech giant, Google has now introduced a three-day weekend to ensure employees’ well being during the Coronavirus pandemic. With an aim to make sure its employees are maintaining their peace of mind and not letting the […]

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Larsen & Toubro hires dozens of ex-Cognizant executives
Survey & Report

Larsen & Toubro hires dozens of ex-Cognizant executives

Larsen & Toubro hires dozens of ex-Cognizant executives Larsen & Toubro (L&T) has employed just about a dozen senior executives from Cognizant after the latter had a management shakeup to reinvigorate the organization. The main hires apply the final 12 months’ acquisition of Mindtree, indicating that the $21 billion engineering conglomerate has giant plans to scale its […]

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