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Pune Labour Commissioner office asked Capgemini to reinstate fired employees during the lockdown...
Government to pay EPF contributions entire of employees and employers till Aug PTI The ...
Paramjit Singh Nayyar joins Bharti AXA General Insurance as new CHRO, effective July Paramjit...
Days after PwC announced it is slashing 700 jobs in Australia, Deloitte, the globe’s largest professional services firm and second-largest in Australia, has followed suit. A fallout of demand due to the Covid-19 induced economic crisis is hitting the revenues of the largest accounting and consulting firms. While the Big Four have to date been […]
Future Generali India Insurance Company Limited announces promotions, annual increments and variable payouts for all its employees Amidst the ongoing economic and COVID-19 crisis, Future Generali India Insurance Company Limited (FGII), the general insurance arm of the joint venture between retail giant Future Group and global insurer Generali, announced promotions, annual increments & variable payouts […]
Capgemini India rolls out wage hikes and promotions effective 01 July 2020 Admit the COVID-19 pandemic when most companies in India have withheld salary hikes and effected pay cuts, Capgemini has rolled out wage hikes and promotions for all its employees in India. The quantum of hikes is said to be in high single digits. In April, the […]
ICICI Bank to give 80k employees up to 8% pay hike for work amid COVID-19 According to a PTI report, The country’s second-largest private sector lender ICICI Bank has decided to reward over 80,000 of its frontline employees with a salary hike of up to 8 percent These employees form over 80 percent of its overall workforce […]
Nestle India reaches out to Youth—launches 1000 “Nesternship” opportunities for young professionals, aims to enhance competence and employability At this stage of the Covid-19 pandemic and its devastating aftermath on the economy, India needs to protect its youth, to ensure that they do not lose opportunities to develop themselves professionally. As a humble, but heartfelt […]
Consulting firm PricewaterhouseCoopers (PwC India) has said it will announce promotions, compensation revisions, and bonus payouts for employees on October 1, 2020. The Company said, Performance scores for FY20 have already been shared with staff, and promotions and compensation changes will probably be introduced on October 1 and be efficient from that date. “Today we […]
Karnataka govt notifies ‘fixed-term workman’ and allows flexible hiring across industry Karnataka govt notifies ‘fixed-term workman’ on June 30, it has made changes to the Karnataka Industrial Employment (Standing Orders) Rules 1961 to introduce fixed-term workmen (FTW) in the model standing orders. Earlier, only the apparel manufacturing sector was allowed to hire employees on fixed-term […]
Haryana Cabinet approves draft ordinance for 75% quota in private jobs for locals Haryana Deputy Chief Minister Dushyant Chautala on Monday said that the state Cabinet has approved the draft ordinance mandating 75% reservation in private jobs for residents from the state. The draft of the ordinance will be placed before the Council of Ministers […]
Infosys brings back over 200 employees from the United States The Bengaluru-based, India’s second-largest IT services company Infosys brings back over 200 employees and their families in a chartered flight from the United States as a safety measure amid surging cases of COVID-19 and Lockdown. The company’s chartered flight took off from San Francisco bringing […]
Fujitsu announces permanent work-from-home plan and to launch satellite offices Japan’s Technology firm, Fujitsu Ltd said on Monday it would halve its office space in three years as it rewrites the way employees work under a “new normal” amid the coronavirus pandemic. The company said its roughly 80,000 group employees in Japan would work flexible […]
Paytm to acquire Raheja QBE General Insurance to expand its financial services offerings Digital payments platform Paytm is set to acquire 100% stake in Mumbai-based private sector general insurer Raheja QBE for INR 568 Cr. The acquisition is subject to approval from the Insurance Regulatory and Development Authority of India (IRDAI). Paytm, which was founded in […]
Bajaj Auto NOT to shut unit even after 250 workers tested COVID-19 Positive Workers at Bajaj Auto, India’s biggest exporter of motorbikes, are demanding the temporary closure of one of its plants after 250 employees there tested positive for COVID-19, its unions said on Saturday. But the Bajaj Auto Management and Unions were unable to […]
