COVID-19: HR News, Trends & Workplace Insights

Latest COVID-19 HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on COVID-19.

Updated on: Jun 2020

Industry

TCG Lifesciences releases full annual bonus to employees, plans to hire more

Jun 9, 2020

Iffco Tokio hires in lockdown, given annual increment

IFFCO-Tokio General Insurance hires during the lockdown and rolled out annual increments Iffco T...

Coronavirus

Jun 5, 2020

Iffco Tokio hires in lockdown, given annual increment

Renault India gives hike promotions despite crisis

Despite the lockdown due to coronavirus pandemic, French car manufacturer, Renault India is giving a...

Coronavirus

Jun 5, 2020

Renault India gives hike promotions despite crisis

Motilal Oswal announces bonuses and promotions to staff

Motilal Oswal Financial Servicesnbsphas announced the payment of bonuses and performance-linkednb...

Coronavirus

Jun 3, 2020

Motilal Oswal announces bonuses and promotions to staff

Coronavirus

COVID-19: GMR Group cuts employees’ salaries up to 50%

GMR Group cuts employees’ salaries by up to 50% due to Covid-19, The reduction in compensation is maximum at the highest level. Battling against COVID-19 pandemic, diversified conglomerate GMR Group has revised downwards employees’ salaries by up to 50 percent with effect from May 2020. The reduction in compensation is maximum at the highest level. The Bengaluru-based […]

Jun 3, 2020

Coronavirus

How ITC Infotech is fighting with Coronavirus Pandemic

In an exclusive conversation with Suchismita Burman, Chief Human Resources Officer, ITC Infotech India Limited on Talent Strategy during COVID-19 Suchismita Burman is the Chief Human Resources Officer of ITC Infotech India Limited. She brings in 21 years of experience working across Consulting, Corporate HR, CoE, and Talent Business advisory roles across industry sectors. She […]

Jun 2, 2020

Culture & Behaviour

New Norm of Work-life Space in Times of Crisis

We have been speaking about VUCA for some time now. Professionals and people at large probably had not experienced it fully. COVID-19 pandemic has become a great leveler. Nations, corporates, economies, and societies have all experienced rapid changes at once. The impact of the pandemic may vary from business to business. “The ‘New Norm’ is […]

Jun 1, 2020

Coronavirus

Zomato brings out Talent Directory to help its laid-off employees find a new job

After global firms like Uber, Airbnb, homegrown food delivery major, Zomato brings out a unique Talent Directory to help its laid-off employees find a new job. Talent Directory is a live list of the laid-off employees to assist the recruitment agencies, hiring managers to browse some of the talented individuals who have worked with Zomato through […]

Jun 1, 2020

Coronavirus

Unlock 1: MHA issued new guidelines of lockdown 05

Lockdown 05: Union Ministry of Home Affairs (MHA) issued new guidelines to fight COVID-19 and for phased re-opening of areas outside the Containment Zones, on 30th May 2020. The guidelines would come into effect from June 1, 2020 and would be effective till June 30, 2020. The current phase of re-opening, #Unlock1, will have an economic […]

May 31, 2020

Coronavirus

Accenture gives bonuses & promotions to its staff

Accenture has paid bonuses and given promotions to a large section of its employees The time when several industries have deferred or suspended pay hikes and promotions, IT and professional services company Accenture has paid bonuses and given promotions to a large section of its employees. According to an ET report, the payouts have been made over the past few weeks to more than […]

May 30, 2020

Coronavirus

COVID-19 Impact on Service Sector

The outbreak of COVID-19 has brought upon a standstill situation globally, affecting the lives across the globe in ways, more devastating than a world war. Well, according to the current hesitation of China in the matter of inspection initiated by the US in Wuhan; this idea is being re-established in a stronger way than before. […]

May 30, 2020

Coronavirus

Home Credit India lays off 1,800 employees

Consumer loan finance firm Home Credit India on Thursday said it has reduced its headcount by 1,800 employees due to slowdown caused by the COVID-19 crisis. “The unprecedented coronavirus pandemic has affected every aspect of our life. It has impacted each one of us, our families, our customers, partners and businesses. These trying circumstances have […]

May 29, 2020

Coronavirus

Here’s how Magicbricks has prepared itself for New Normal

“Hardships often prepare ordinary people for an extraordinary destiny.”–C.S. Lewis It is one and a half months, that we are all in this lockdown due to the Covid19 pandemic; and together we are coping well with this situation. At Magicbricks too, our teams are now used to this new way of work and life. We […]

May 28, 2020

Industry

Raymond has fired hundreds of employees, since February

Textiles and apparel major Raymond has fired hundreds of employees across the board, since February. The company had started the process due to varied reasons like the group company’s mounting debts, the slowing down of the economy, and the last hammer to the coffin was the COVID-19 crisis. It was found that the company not […]

May 27, 2020

Industry

Lakshya Digital to hire 12-15% more workforce in India

Lakshya Digital, India’s leading Game Art Services companies, has announced that it will be hiring 12-15% more employees over the next 1 year amidst COVID-19. This increase in hiring is due to the new business in the last couple of months. Currently, Lakshya Digital has a team of about 500 people and plans to hire […]

May 26, 2020

Coronavirus

Tata Group top execs to take up to 20% salary cut

Tata Group top execs to take up to 20% salary cut in an effort to conserve cash For the first time in the Tata Group’s history, Tata Sons chairman N Chandrasekaran and Tata Group companies’ chief executive officers (CEOs) will take around a 20 percent compensation-cut in an effort to reduce the cost to tide over […]

May 25, 2020