Infosys Ltd, India’s second-largest IT company has suspended new hirings, promotions, and increments for FY21 to control costs in the wake of COVID-19. However, the company said it will honour all job offers already made.
"Infosys intends to not only nurture its vast pool of digital talent in a high-productivity environment, but also honour the job offers it has extended to...
Have you ever heard that there is always an opportunity present in the midst of crisis, It is true that at the heart of each crisis lies a tremendous opportunity and that’s exactly what an economic slowdown does. An economic slowdown can be for many reasons. We have sailed through this in the form of dot.com bubble, Y2K scare,...
Kotak Mahindra Bank (Kotak) today announced a spree of activities that are being conducted for Kotak Group’s employee well-being in the wake of the ongoing lockdown to combat the pan-India COVID-19 pandemic.
Under Kotak’s initiative ‘Health to the Power Infinity’, Kotak’s human resources (HR) division has launched several online offerings to support the health and overall well-being of Kotakites.
"To achieve...
Maruti Suzuki India Limited (MSIL) has worked out an action plan with the detailed standard operating procedure (SOP) on maintaining social distancing, hygiene and employee safety for resuming operations post-COVID-19.
For containment and awareness of the outbreak, Maruti Suzuki plans to provide OHC doctors, hazmat suits & PPE for the staff dealing with multiple people and quarantine rooms for suspected cases.
Kenichi...
From wildfires in Australia to the downward spiral of crude oil prices to COVID-19 outbreak - the year 2020 has given a rough start. All these events have managed to destabilize the global economy. These are the times to reassure employees of how their organization stands by them amidst all the chaos. Here are a few ways to achieve...
BMW Group President and CEO Rudratej Singh passed away on Monday morning due to a massive cardiac arrest.
It is believed that Rudratej was fine in the morning as he had interacted with his leadership team through text messages before heading to the gym inside his house in Delhi for a workout. At around 10.30 a.m., he reportedly collapsed...
According to a TOI report, In the current situation, Tech Mahindra‘s top executives forego their bonus/ variable payout in the June quarter – to absorb partially the financial impact of the pandemic.
Harshvendra Soin, Chief People Officer in Tech Mahindra, said the variable payout/ bonus for the majority of employees has been protected and will be paid out as per...
Labour commissioner has issued notice to Capgemini, warning of action if it fails to revise its decision
After the complaint by the Maharashtra unit of FITE (a self-proclaimed union for IT employees) and National Information Technology Employees Sena (NITES) on Twitter and a written complaint to Chief Minister Uddhav Thackeray and Labour Commissioner, Maharashtra that Capgemini tweaks its leave policy...
Macroeconomic indicators which means production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes, and business profits……….when all of this fall, that’s when the alarm rises!
For once, if we look at these indicators, one might question what has it to do with HR? But unfortunately, it does because all of this culminates into “uncertainty”...
It has been a topsy-turvy start to the third decade of this century. COVID-19 has brought with it many disruptions. Coronavirus has significantly changed the contours of professional life.
These days, home is the new office. The Internet is the new meeting room.For the time being, office breaks with colleagues are history.
I have also been adapting to these changes. Most meetings, be...