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Employee Benefits: HR News, Trends & Workplace Insights

Latest Employee Benefits HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Employee Benefits.

Updated on: May 2023
Is new liquor policy in Haryana, a game-changer for work culture?
Industry

Is new liquor policy in Haryana, a game-changer for work culture?

May 30, 2023

Leave Encashment limit increased for salaried employees

Tax exemption limit on leave encashment increased to Rs lakh for non-government salaried employee...

Compensation
May 26, 2023
Leave Encashment limit increased for salaried employees

After Infosys Wipro announced more benefits to its employees

A multinational corporation that provides information technology, consultant, and business process s...

Compensation
May 20, 2023
After Infosys Wipro announced more benefits to its employees

Haryana new Liquor Policy Employees can have drinks at workplace

The Haryana government has introduced a new excise policy for the year - which will be effecti...

Industry
May 15, 2023
Haryana new Liquor Policy Employees can have drinks at workplace
Infosys gives rewards and incentives to its employees, check details
Industry

Infosys gives rewards and incentives to its employees, check details

An Indian multinational information technology company, Infosys has declared that the company will be allocating more than 5.11 lakh equity shares to eligible employees. Infosys said in the exchange filing, “This is to inform that the Company has allotted 5,11,862 equity shares on May 12, 2023, pursuant to the exercise of Restricted Stock Units by eligible […]

May 15, 2023
This company gifts Apple iPad to each of its 21,000+ employees
Industry

This company gifts Apple iPad to each of its 21,000+ employees

Coforge Limited, a leading global IT solutions organization, announced its audited financial results for the quarter and year ending March 31, 2023. The Company reported a strong performance exceeding its full-year revenue growth guidance and expanding profitability in the last quarter. Coforge Crosses the US$ 1 billion Revenue Milestone to celebrate the same the company […]

Apr 28, 2023
PwC India to invest over Rs 600 cr towards employee wellbeing
Industry

PwC India to invest over Rs 600 cr towards employee wellbeing

The world’s leading professional services firm, PwC India has said that the company is committed to investing over Rs 600 crore in wellbeing initiatives. The company said, “At PwC India, we want our community of solvers to choose what helps them thrive – meaningful relationships, flexibility and balance, a sense of purpose and belonging.” We’re excited […]

Apr 17, 2023
Cost-cutting measures by companies thread are incredibly funny?
Industry

Cost-cutting measures by companies thread are incredibly funny?

Due to economic uncertainty, there have been many companies that have either laid off employees or they have taken cost-cutting measures. Recent IT top major, Meta has declined facilities including a lack of snacks and cereals at the office, as well as the elimination of free food services and other benefits. However, Meta is not […]

Apr 15, 2023
Hiring slow down, TCS adds only 22,600 employees in FY23
Industry

Hiring slow down, TCS adds only 22,600 employees in FY23

The year 2023 started with the layoff note. The major IT companies have laid off employees, slowing the hiring process, and companies are cutting down the benefits of employees. Infosys has recently announced the results for the fourth quarter the company witnessed a 40% plus fall in net hiring during the fiscal year 2023 vs […]

Apr 14, 2023
Meta employees furious as cost-cutting affects office perks
Compensation

Meta employees furious as cost-cutting affects office perks

According to a report, Meta, formerly known as Facebook employees have expressed dissatisfaction with the decline in cafeteria options in an effort to reduce costs. The New York Times Report said that the company has declined facilities including a lack of snacks and cereals at the office, as well as the elimination of free food […]

Apr 14, 2023
Air India revamps policies for women employees
Work Model

Air India revamps policies for women employees

TATA Group owned, Air India has changed and improved the policies for women employees. The company policy is part of MOMS – Returning Mothers Programme’. MOMS refers to ‘Making Our Mothers Soar‘ The company is providing 26 weeks of maternity leaves. As per the earlier policy, Air India was providing 12 weeks of maternity leave […]

Apr 5, 2023
Is company’s new strategy allowing married couples at workplace?
Employee Retention

Is company’s new strategy allowing married couples at workplace?

Most companies have policies that discourage or forbid the working of married couples, particularly in the same department.  Now, companies are allowing the working of married couples in the same company but at times they are permitted to work in different departments. An example of this is India’s largest producer of aluminium and value-added aluminium products, […]

Mar 30, 2023
Rishi Sunak announces childcare benefits for working parents
Employment

Rishi Sunak announces childcare benefits for working parents

Females contribute a major contribution to the workforce keeping in mind Rishi Sunak took LinkedIn to announce the childcare benefits for working parents in the Spring Budget. Rishi Sunak on LinkedIn said, “For too many, a career break becomes a career end. That’s why two weeks ago in the Spring Budget we announced a revolution […]

Mar 30, 2023
Air India to revise the Privilege Leave policy
Work Model

Air India to revise the Privilege Leave policy

The flag carrier airline of India, Air India will revise its privilege leave Policy for employees effective April 1. Air India will be revising its policy from the next financial year including for both permanent and full-term contract staff. Air India’s Chief Human Resources Officer Suresh Dutt Tripathi said, “We are reviewing our leave policy comprehensively […]

Mar 24, 2023
IBM SkillsBuild free STEM courses & reskilling program, Apply Here
Industry

IBM SkillsBuild free STEM courses & reskilling program, Apply Here

An American multinational technology corporation, IBM is offering free STEM courses, Job skills, and credentials. Commenting on the courses the company said, “Earn digital credentials from IBM and other companies for free. These free credentials help you in your career development, show that you’re ahead of the curve and that you have foundational knowledge and skill set in […]

Mar 24, 2023
Drunk Bengaluru Startup employee ‘Chokes’ While Team Parties
Industry

Drunk Bengaluru Startup employee ‘Chokes’ While Team Parties

A Bengaluru startup employee was found passed out and choking on his own vomit at a bar while his team partied.   Caleb Friesen shared on Twitter, “Reminder to the “work hard, party harder” startup founders out there: no party is worth losing an employee. Spotted a young man from a prominent Bengaluru startup choking on […]

Mar 21, 2023