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: Nov 2022

Compensation

, employees subscribe to Capgeminis ESOP

Nov 26, 2022

HCLTech announces the launch of Sustainability School

HCLTech, a global technology company, announced that it has launched the HCLTech Sustainability Scho...

Industry

Nov 21, 2022

HCLTech announces the launch of Sustainability School

Infosys rolls out variable pay for BPM employees

The business process management subsidiary of Infosys Ltd., Infosys BPM business process management...

Compensation

Nov 3, 2022

Infosys rolls out variable pay for BPM employees

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

One of the worlds leading diamond crafting companies, Shree Ramkrishna Exports Pvt. Ltd. SRK...

Industry

Oct 23, 2022

Diamond crafting firm gives solar rooftop panels as Diwali gifts 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

Work Model

P&G India bolsters its mental well-being program for employees

Procter & Gamble India (P&G India) today announced that it is further bolstering its mental well-being initiatives with the ‘Happy Minds 2.0’ program. The program shifts the focus from mental health to mental well-being, and comprises of a bouquet of initiatives, including counselor services at the workplace, preventive mental health check-ups, enhanced awareness among leadership […]

Sep 30, 2022

Compensation

Zerodha Announces Rs. 10 Lakh Bonus as Fitness Challenge

Financial services company, Zerodha has said that it’s giving away 1 month salary as a bonus to employees who met their fitness goals after the covid lockdown. Zerodha chief Nithin Kamath has set a new health challenge for employees so that they take out time for workout/exercise/sports activities. This bonus was being offered to mark […]

Sep 28, 2022

Compensation

Bank of America launches a New Sabbatical Program

One of the world’s largest financial institutions Bank of America launches New Sabbatical Program and under this new initiative, it provides 4-6 weeks of additional paid leaves to its employees. Commenting on this program the company said, “As part of our commitment to be a great place to work, the Bank of America Sabbatical Program […]

Sep 24, 2022

Industry

Oracle empowers managers to elevate the employee experience

Extending its commitment to helping organizations improve the employee experience, Oracle has introduced a series of new updates within Oracle Fusion Cloud Human Capital Management (HCM). The new portal for team skills, performance evaluation capabilities, and an employee listening solution will help managers engage and empower teams to achieve their fullest potential. Over the past few […]

Sep 19, 2022

Diversity & Inclusion

CoinSwitch upgrades LGBTQ+ benefits for employees

India’s largest crypto investing company, CoinSwitch has enhanced its LGBTQ+ benefits with financial support for gender reassignment surgery. The company’s best-in-class insurance policy also covers same-sex partners. According to company, the policy will reimburse medical costs up to Rs 2 lakh. The benefit is an addition to the pre-existing initiative aimed at driving better inclusivity within […]

Sep 16, 2022

Work Model

IBM Updates Benefits Program for IBMers and Retirees

IT and Technology giant, IBM has announced that the company is making to optimize benefits for both current and former employees. The updates are intended to streamline offerings and plan administration while providing enhanced options for as many active and retired IBMers as possible. Medical Benefits and 401(k) Enhancements for Active IBMers in the U.S. […]

Sep 15, 2022

Compensation

Capgemini announces its 9th Employee Share Ownership Plan

IT major, Capgemini has announced the launch of its ninth Employee Share Ownership Plan (ESOP). This new employee share ownership plan is offered to approximately 97% of the employees and is part of the Group’s policy to associate all employees with its development and performance. This ESOP will be implemented through a capital increase reserved […]

Sep 14, 2022

Compensation

Infosys cuts average Variable Pay to 70% for the first quarter

India’s second-largest IT services company Infosys has scaled back the average variable payout of employees to about 70 per cent for the June quarter amid margin squeeze and high employee costs, according to sources. Recently, Wipro held back the variable pay of employees mainly due to pressure on margins, inefficiency in its talent supply chain, […]

Aug 23, 2022

Labour Law

Walmart expands abortion coverage for employees

Walmart Inc. is expanding the types of medical situations for which its employee health plan would cover abortions and the cost of travel, to include conditions such as ectopic pregnancy. In a memo sent to employees on Friday, the company said its health care plans will now cover abortion for employees “when there is a health […]

Aug 20, 2022

Industry

Apple bans caste-based discrimination by code of conduct for staff

Tech giant Apple has banned caste-based discrimination in the company. The company has issued a code of conduct for employees in the United States. The company has also started training on this so that its employees understand the new policies better. The new policy sits alongside existing codes that strictly prohibit discrimination against race, religion, […]

Aug 18, 2022

Labour Law

CoinSwitch announces 8-month maternity leave for employees

India’s largest crypto investing firm, CoinSwitch has extended maternity and paternity leaves for employees. This policy is a part of its enhanced benefits program. Zeeshan Ramlan, Director and Head—of HR, CoinSwitch, said, “CoinSwitch is a fast-growing startup that values work-life balance. Our diverse workforce is our strength, helping us build a wealth-tech destination for every […]

Aug 17, 2022