News: HR News, Trends & Workplace Insights

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Updated on: Feb 2020
Walmart Inc Appoints New Chief People officer
CHRO Move

Walmart Inc Appoints New Chief People officer

Walmart Inc ropes in Donna Morris from Adobe as Executive Vice President and Chief People Officer. In her new role, Donna is responsible for attracting, retaining and developing talent for one of the world’s largest private employers. Donna has nearly 20 years of leadership experience in delivering innovative people solutions, developing and managing teams that […]

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Liberty Global announces partnership with Infosys to transfer 300 employees to IT firm
News

Liberty Global announces partnership with Infosys to transfer 300 employees to IT firm

Liberty Global plc, one of the world’s leading converged video, broadband, and communications companies announced that it has selected Infosys as the strategic partner to ensure business continuity in the company’s transfer of approximately 300 roles across operations management and service delivery. Following the completion of the sale of its operations in five markets over the […]

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L’Oréal launches Employee Human Rights Policy
News

L’Oréal launches Employee Human Rights Policy

On 31st Jan 2020, L’Oréal announced the launch of its Employee Human Rights Policy and commits to uphold a set of universal human and social rights standards for all its employees worldwide, regardless of their geographic location or position in the Group. This policy completes L’Oréal’s general Human Rights Policy, published in 2017. Emmanuel Lulin, […]

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Government to create over Rs 2.6 lakh jobs by 2021
Jobs

Government to create over Rs 2.6 lakh jobs by 2021

According to Budget 2020-21 and a report published in Business Today, more than 2.62 lakh jobs are likely to be created between March 2019 and March 2021 in various organizations. The Union Budget presented by Finance Minister Nirmala Sitharaman on February 1, Saturday estimated that more than 2.62 lakh jobs are likely to be created between March […]

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Fujifilm India opens a new office in Bengaluru, plans to increase its workforce by 30%
Industry

Fujifilm India opens a new office in Bengaluru, plans to increase its workforce by 30%

Fujifilm India, one of the global pioneers in imaging technologies opened its new office in Bengaluru. This new set-up will help the company further expand its presence in southern India, better serve its existing customers, and also provide an exciting working environment to its workforce. “With the new workplace, Fujifilm plans to increase its workforce […]

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Tax on ESOPs deferred by 5 years: Union Budget 2020
News

Tax on ESOPs deferred by 5 years: Union Budget 2020

Finance Minister Nirmala Sitharaman has announced relief on the tax burden on startup employees on ESOP tax payments. FM presented the union budget for the financial year 2020-2021, which brought in a bundle of new announcements for the Indian startup ecosystem. With the biggest one being the proposed ease on tax burden for employee stock […]

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EPF will soon be taxable for those with high salaries
Labour Law

EPF will soon be taxable for those with high salaries

While the government has decided to rejig the tax structure by introducing new slabs and reducing tax rates in almost all categories, your contribution towards employees provident fund, national pension system, and other investment instruments might become taxable. “Employer’s contribution to provident fund, NPS and superannuation worth more than 7.5 lakh a year will be […]

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HCL Tech to add workforce in Lucknow by 50% to 6,000 by March 2021
Jobs

HCL Tech to add workforce in Lucknow by 50% to 6,000 by March 2021

According to a Business Standard report, HCL Technologies is looking to increase its workforce at Lucknow facility from the current headcount of 4,000 to 6, 000 by the end of the next financial year 2020-21. HCL Lucknow is the largest HCL campus in North India and spread over 100 acres of land. It offers a spectrum […]

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Budget 2020-21 Highlights and Reactions
News

Budget 2020-21 Highlights and Reactions

Finance Minister Nirmala Sitharaman presented Union Budget for 2020-21 in the Parliament on Saturday, 1st February 2020. Here is how Business Leaders, Startups and prominent HR personalities responded to it. Key Budget Highlights & Takeaways No income tax up to 5 lakhs FY21 fiscal deficit target pegged at 3.5% of GDP The nominal GDP growth for […]

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Fraud: EPFO blocks accounts of over 9 lakh employees
Jobs

Fraud: EPFO blocks accounts of over 9 lakh employees

The government has found 9 lakh beneficiaries in as many as 80,000 companies took benefit of the Centre’s job formalization scheme, Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), even though they were not eligible, leading to around Rs 300 crore loss to the exchequer. According to a report published in the Business Standard, These companies allegedly […]

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Labour Law Reforms- Major Steps Taken in 2019
Labour Law

Labour Law Reforms- Major Steps Taken in 2019

Ministry of Labour and Employment has taken a number of initiatives for bringing transparency and accountability through reforms and enforcement of Labour Laws, with the objective of strengthening the safety, security, health, social security for every worker and bringing ease of compliance for running an establishment to catalyze the creation of employment opportunities. These initiatives […]

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