Promotions: HR News, Trends & Workplace Insights

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

Updated on: Oct 2022
How Infosys plans to reduce its rising attrition rates
Industry

How Infosys plans to reduce its rising attrition rates

Last week, India’s second-largest IT services provider company, Infosys has announced its Q3 financial results for the quarter ending on December 31, 2021. The company has reported an extremely strong quarter with 7% sequential growth and 21.5% year-on-year growth in constant-currency terms. Salil Parekh, Chief Executive Officer and Managing Director of Infosys said, “Our year-on-year […]

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TCS ramping up promotions to retain talent, 200000 women in workforce
Industry

TCS ramping up promotions to retain talent, 200000 women in workforce

On January 12, India’s IT services provider Tata Consultancy Services (TCS) has announced its third-quarter results for the financial year 2022. All three Top IT Companies in India TCS, Infosys, and Wipro have reported a jump in attrition rate which leads to an increase in the number of freshers hiring in Q4. Attrition TCS attrition inched up […]

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Accenture promoted record number of women to MD and Senior MD roles
C-Suite Move

Accenture promoted record number of women to MD and Senior MD roles

Accenture, a global professional services company with leading capabilities in digital, cloud, and security has announced the promotion of 1,030 people to Managing Director and the appointment by the Chair and CEO of 143 people to Senior Managing Director, including a record number of women. The company also reported its progress on increasing gender representation […]

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Wipro added 18,000 people in Q4, Robust hiring will continue in F22
Industry

Wipro added 18,000 people in Q4, Robust hiring will continue in F22

Wipro to roll out salary hikes, promotions, and skill-based bonuses IT major Wipro on April 15 announced its Q4 (a quarter ending on March 31) results which are its best fourth-quarter results in last ten years. The company is looking at multiple measures to retain employees as the demand for niche talents increases which include rolling out […]

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Deloitte rolls out special increments and bonuses
Jobs

Deloitte rolls out special increments and bonuses

Deloitte rolls out special increments and bonuses According to the ET report, Deloitte India has announced bonuses and special increments over and above the usual salary hikes in March, indicating a recovery in the demand for advisory services. The company sent increment letters to employees on Tuesday. The letters sent to employees also mentioned that […]

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Amway India rolls out promotions, salary hikes and bonuses
Industry

Amway India rolls out promotions, salary hikes and bonuses

Amway India rolls out promotions, salary hikes, and bonuses According to the ET report, Amway India, one of the world’s largest Direct Selling Company, has announced a 109% bonus in 2021 to all of its employees across all functions and levels. Shantanu Das, Chief Human Resources Officer of Amway India said “We at Amway India […]

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Cognizant rolls out bonus, promotions, and wage hikes for employees
Jobs

Cognizant rolls out bonus, promotions, and wage hikes for employees

Cognizant rolls out bonus, promotions, and wage hikes for employees According to media reports, Cognizant the US-based IT company is declaring to roll-out salary hikes for 1.6 lakh employees and promoted 24,000 employees globally. The move aimed at curtailing staff attrition, which had seen 3,000 leaving the company in 2020. Rajesh Nambiar, Chairman & Managing […]

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A Differentiating Measure for Appraisals 2021 and Beyond
Performance Appraisal

A Differentiating Measure for Appraisals 2021 and Beyond

A Differentiating Measure for Appraisals 2021 and Beyond 2020 was a year of discovery, adjustments, and ambiguity. Is the ambiguity over? The answer is not signed and sealed yet. In many senses the future of work and workplaces, both are still getting rewritten in most industries. In some industries, much more than the others. One […]

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Your Salary Hike and Increments in 2021
Jobs

Your Salary Hike and Increments in 2021

Almost 90% of companies planning salary hikes in 2021- Aon India Survey In what may bring some cheer to the pandemic-hit India Inc’s workforce, global professional services company Aon’s latest Salary Trends Survey in India has projected that 87 per cent of the surveyed companies plan to give salary hikes in 2021. The share of companies projected to offer […]

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Telangana Govt issues orders to expedite promotion process of employees
Jobs

Telangana Govt issues orders to expedite promotion process of employees

Telangana Govt issues orders to expedite promotion process of employees Telangana Chief Secretary Somesh Kumar on Tuesday directed the district collectors to complete the promotions in respect of all cadres working in the districts by January 31 and to take up compassionate appointments without any delay. During a video conference with collectors, the chief secretary informed them that Chief Minister […]

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Telangana Govt announces salary hike, increase in retirement age, and hiring
Jobs

Telangana Govt announces salary hike, increase in retirement age, and hiring

Telangana Govt announces salary hike, increase in retirement age, and hiring in all the government departments In a New Year gift, Telangana Chief Minister K. Chandrasekhar Rao on Tuesday decided to enhance salaries of all the government employees, increase the age of superannuation, and to fill vacancies in all the government departments. He announced that the salary hike would […]

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