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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: Feb 2023
Your shift is over, please go home! startups work-life balance initiative
Industry

Your shift is over, please go home! startups work-life balance initiative

Feb 17, 2023

How can HR leverage ChatGPT to enhance employee experience?

AI-driven chatbot, ChatGPT is a conversational interface that can understand natural i.e., human l...

Industry
Feb 14, 2023
How can HR leverage ChatGPT to enhance employee experience?

Webandcrafts awards its employee with a Mercedes Benz

Even after many companies like Google and Amazon are laying off many employees, Webandcrafts awards ...

Industry
Feb 11, 2023
Webandcrafts awards its employee with a Mercedes Benz

Simpl introduces few new leaves and employee benefits

Indias leading -tap checkout network, to promote a better work-life balance Simpl has announced ne...

Work Model
Feb 7, 2023
Simpl introduces few new leaves and employee benefits
Amid Layoffs, an Indian tech company gifted cars to its employees
Industry

Amid Layoffs, an Indian tech company gifted cars to its employees

Even after many companies like Google and Amazon are laying off many employees the Indian tech company Tridhya Tech has gifted cars to its employees. Indian Tech company Tridhya Tech, a global leader providing digital transformation services, felicitated 13 employees with 13 cars as a token of appreciation for their hard work and dedication towards […]

Feb 3, 2023
Budget 2023 updates Income tax rebate limit raised to ₹7 lakh
Industry

Budget 2023 updates Income tax rebate limit raised to ₹7 lakh

According to the media reports, Honorable Union Finance Minister, Mrs. Nirmala Sitharaman presented the Union Budget 2023- 2024 on Wednesday as per the announcement calculations for the income tax will change.  The Budget 2023: Comparison Between Old Vs New Slab Old Tax Slab According to the New Tax Slab In a comparison of the two […]

Feb 1, 2023
Google delays Year-end bonus checks for employees
Compensation

Google delays Year-end bonus checks for employees

An American multinational technology company, Google has delayed the Year-end bonus checks for employees due to the transition to a new performance management system. According to the CNBC report, Google initially pays an 80% advance bonus to eligible employees. The advance bonus will be paid in January, and the remaining 20% in March or April. However, […]

Jan 23, 2023
Swiggy rolls out ambulance services for delivery executives
Work Model

Swiggy rolls out ambulance services for delivery executives

Swiggy has rolled out ambulance services for delivery executives. The company’s mission is based on offering unparalleled convenience to consumers and also ensuring the safety and well-being of delivery executives. The delivery executives can reach out on the toll-free number: 1800 267 4242. Sometimes, making a call is not an option, and executives can tap the […]

Jan 18, 2023
Shopify asked employees to just say no to meetings
Industry

Shopify asked employees to just say no to meetings

A Canadian multinational e-commerce company, Shopify has announced that there is a rule that no meetings at all can be held on Wednesdays.  Kaz Nejatian has shared the information through an official Twitter handle and said, “Meetings are a bug. Today, we shipped a fix to this bug at @Shopify. To start 2023, we’re canceling […]

Jan 7, 2023
Pfizer India announces 12 weeks of paternity leave for employees
Labour Law

Pfizer India announces 12 weeks of paternity leave for employees

An American multinational pharmaceutical and biotechnology corporation, Pfizer India has announced 12 weeks of paternity leave for employees. In addition to paternity leave in case of any complexity, the employee will be allowed to take additional leaves under Pfizer’s leave policies including casual leave, elective holiday, and wellness days. Commenting on the new paternity policy, Shilpi Singh, […]

Jan 5, 2023
Flipkart to benefit 25,000 employees through $700 million payout
Compensation & Benefits

Flipkart to benefit 25,000 employees through $700 million payout

An Indian e-commerce company, Flipkart announced a one-time discretionary cash payout of as much as $700 million to almost 25,000. These benefits will be provided to its former and current employees, who hold employee stock options. The top 20 employees of the company the most senior and early staffers will be getting as much as $200 million […]

Dec 28, 2022
50,000 employees subscribe to Capgemini’s ESOP
Compensation

50,000 employees subscribe to Capgemini’s ESOP

Capgemini has announced the significant success of its ninth Employee Share Ownership Plan (ESOP) with an employee subscription rate of 128%. For Aiman Ezzat, Chief Executive Officer of the Capgemini Group: “As a strategic business and technology partner of large companies and organizations, the Group continues to record strong momentum.” “With 50,000 employees subscribing, the sheer scale of this plan […]

Nov 26, 2022
HCLTech announces the launch of Sustainability School
Industry

HCLTech announces the launch of Sustainability School

HCLTech, a global technology company, announced that it has launched the HCLTech Sustainability School and its first comprehensive climate literacy learning series. The series, developed by Axa Climate, has been designed to raise awareness of the impact of climate change among HCLTech’s 220,000+ employees. The HCLTech Sustainability School aims to build sustainability champions amongst its […]

Nov 21, 2022
Infosys rolls out 60% variable pay for BPM employees
Compensation

Infosys rolls out 60% variable pay for BPM employees

The business process management subsidiary of Infosys Ltd., Infosys BPM (business process management) has announced that the average variable payout for its employees is 60% in the second quarter of this fiscal. The variable pay will be paid to its employees with their October salaries for some bands of employees (J4, J5, and J6). Infosys […]

Nov 3, 2022
Diamond crafting firm gives solar rooftop panels as Diwali gifts to 1,000 employees
Industry

Diamond crafting firm gives solar rooftop panels as Diwali gifts to 1,000 employees

One of the world’s leading diamond crafting companies, Shree Ramkrishna Exports Pvt. Ltd. (SRK) has announced that the company will be gifting solar rooftop panels to 1000 of its employees on the occasion of Diwali. Shri Govind Dholakia, Founder & Chairman of SRK Exports (aka Govindkaka) said, “SRK is a purpose-driven company and has always led by […]

Oct 23, 2022
Biz2Credit offers BMW bikes, iPad Air, 40X bonus to employees
Compensation

Biz2Credit offers BMW bikes, iPad Air, 40X bonus to employees

Hard work pays off, and Biz2Credit, a provider of an online marketplace for small business funding, turned this phrase into a grand reality! At the Biz2Credit Annual Diwali Dhamaka, Biz2Credit employees reaped the rewards of the outstanding contributions they made in the past year. Taking centre stage at the Biz2Credit Annual Diwali Dhamaka on 8th […]

Oct 14, 2022