VRS: HR News, Trends & Workplace Insights

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

Updated on: May 2023

Industry

Air India extends VRS offer for non-flying staff till May

May 9, 2023

Hero MotoCorp launches VRS to make firm future-ready

The worlds largest manufacturer of two-wheelers, Hero MotoCorp Ltd has launched a voluntary r...

Industry

Apr 6, 2023

Hero MotoCorp launches VRS to make firm future-ready

Air India makes another voluntary retirement offer to staff

Tata Group-owned, Air India is offering a voluntary retirement scheme for its non-flying staff. This...

Work Model

Mar 17, 2023

Air India makes another voluntary retirement offer to staff

Tata Group-owned Air India offers VRS to its employees

Streamlining operations, Tata Group-owned Air India offers Voluntary Retirement Scheme to its thousa...

Industry

Jun 3, 2022

Tata Group-owned Air India offers VRS to its employees

Industry

Mother Dairy offers VRS for employees at East Delhi plant; maximum benefit Rs 20 lakh

Mother Dairy offers VRS for employees at East Delhi plant; maximum benefit Rs 20 lakh Mother Dairy, a leading milk supplier in the Delhi-NCR market, has come out with a voluntary retirement scheme (VRS) for employees working at one of its plants to bring operational efficiencies. The scheme is confined to its main plant at […]

May 18, 2021

Industry

Cabinet approves closure of Scooters India Plant

Cabinet approves closure of Scooters India Plant Scooters India, the company that manufactured famous scooters like Lambretta and Vijai Super will be shut down after the Cabinet gave its nod to a proposal to close the loss-making state-owned firm, sources said. The Cabinet Committee on Economic Affairs (CCEA) is believed to have given consent to shutting down of Lucknow-based Scooters […]

Jan 23, 2021

Jobs

Honda Motorcycle & Scooter India rolls out VRS to employees

Honda Motorcycle & Scooter India rolls out VRS to employees, effective from January 5 On January 5, Honda Motorcycle & Scooter India (HMSI) has introduced a voluntary retirement scheme (VRS) for its employees above the age of 40 or who have completed 10 years in the company. The VRS scheme is effective from January 5 […]

Jan 6, 2021

Jobs

SBI continues to hire, invites application before January 11

SBI continues to hire, invites application before January 11, 2021 State Bank of India sought applications for specialist cadre officers through multiple advertisements. As many as 489 vacancies will be filled under this drive. The registration that has started on Tuesday, December 22 will continue till January 11. Candidates willing to apply for Engineering and […]

Dec 28, 2020

Jobs

Ashok Leyland announces voluntary retirement scheme

Ashok Leyland announces voluntary retirement scheme Ashok Leyland has announced a voluntary retirement scheme for its employees, the company said on Friday. Its board of directors, at a meeting held on November 6, approved the scheme, Ashok Leyland said in a BSE filing. According to company statement, the scheme would be implemented over a period […]

Nov 21, 2020

Jobs

Thermax offers a Voluntary Retirement Scheme (VRS)

Thermax offers a Voluntary Retirement Scheme (VRS) Thermax Limited, an Energy and Environment Company said in an exchange filing that it has announced a voluntary retirement scheme (VRS) for eligible employees. According to TOI report, “In view of Thermax reorganizing its manufacturing operations and considering the current economic scenario, the company has announced VRS for the benefit […]

Oct 3, 2020

Jobs

SBI announces new VRS scheme for employees

State Bank of India introduces a new voluntary retirement scheme State Bank of India (SBI), has announced a voluntary retirement scheme (VRS) that gives an option to employees who do not get promoted beyond a certain level to move out. The scheme will be opened for three months, from December to January, every year, and […]

Sep 3, 2020

Coronavirus

Honda Cars India offers VRS scheme to its office associates

Covid-19 impact: Honda Cars India Ltd. (HCIL) offers a voluntary retirement scheme to office associates Honda Cars India Ltd. (HCIL) has offered a voluntary retirement scheme (VRS) for office associates, having age more than 40 years or who have worked with the company for five years, the company spokesperson said. “The VRS scheme, launched on […]

Aug 2, 2020

Industry

Bharat Petroleum offers VRS to employees

Bharat Petroleum offers VRS to employees ahead of privatisation State-owned Bharat Petroleum Corporation Limited (BPCL) has brought a voluntary retirement scheme for its employees ahead of the government privatizing the country’s third-biggest oil refiner and second-largest fuel retailer. “The Corporation has decided to offer a Voluntary Retirement Scheme (VRS), with a view to enable employees, […]

Jul 26, 2020