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On 31st Jan 2020, L’Oréal announced the launch of its Employee Human Rights Policy and commits to uphold a set of universal human and social rights standards for all its employees worldwide, regardless of their geographic location or position in the Group. This policy completes L’Oréal’s general Human Rights Policy, published in 2017. Emmanuel Lulin, L’Oréal Senior Vice-President, and...
CMIE
According to Budget 2020-21 and a report published in Business Today, more than 2.62 lakh jobs are likely to be created between March 2019 and March 2021 in various organizations. The Union Budget presented by Finance Minister Nirmala Sitharaman on February 1, Saturday estimated that more than 2.62 lakh jobs are likely to be created between March 2019 and March 2021 in...
Mercer Appoints Ravin Jesuthasan as Global Leader for Transformation Services
An exclusive conversation with Ravin Jesuthasan, Author and Managing Director, Willis Towers Watson. Ravin is a recognized global thought leader, futurist, and author on the future of work and human capital. He has led multiple research efforts on the global workforce, the emerging digital economy, the rise of artificial intelligence and the transformation of work. Ravin has lead numerous research projects...
Fujifilm India, one of the global pioneers in imaging technologies opened its new office in Bengaluru. This new set-up will help the company further expand its presence in southern India, better serve its existing customers, and also provide an exciting working environment to its workforce. "With the new workplace, Fujifilm plans to increase its workforce by 30% in the city...
Finance Minister Nirmala Sitharaman has announced relief on the tax burden on startup employees on ESOP tax payments. FM presented the union budget for the financial year 2020-2021, which brought in a bundle of new announcements for the Indian startup ecosystem. With the biggest one being the proposed ease on tax burden for employee stock ownership plan (ESOPs). "Referring to startups...
While the government has decided to rejig the tax structure by introducing new slabs and reducing tax rates in almost all categories, your contribution towards employees provident fund, national pension system, and other investment instruments might become taxable. "Employer's contribution to provident fund, NPS and superannuation worth more than 7.5 lakh a year will be taxable." Budget 2020- 2021 has proposed to...
How Women Leaders Can Shape the Future of Work
Taken from various angles, from the economic to technological, our business environment is more dynamic than ever, with new scenarios playing out across the world. Organizations are undergoing dramatic transformations, implementing change to their vision and hopes. To adapt to such changes in the business ecosystem, we need talent just as ready to evolve and grow. Evolving is Key Being prepared to evolve keeps employees and organisations...
HCL Technologies inks 5-year service agreement with Airbus
According to a Business Standard report, HCL Technologies is looking to increase its workforce at Lucknow facility from the current headcount of 4,000 to 6, 000 by the end of the next financial year 2020-21. HCL Lucknow is the largest HCL campus in North India and spread over 100 acres of land. It offers a spectrum of services including infrastructure management,...
Performance Management in the very heart of Human Resource function, which funnels all the HR processes of talent management. The process over time had changed focus from performance evaluation to rewards to learning needs to performance development. The business realities of today’s global economy are ruthless and unforgiving which seldom give the second chance to come back. People being...
Finance Minister Nirmala Sitharaman presented Union Budget for 2020-21 in the Parliament on Saturday, 1st February 2020. Here is how Business Leaders, Startups and prominent HR personalities responded to it. Key Budget Highlights & Takeaways No income tax up to 5 lakhsFY21 fiscal deficit target pegged at 3.5% of GDPThe nominal GDP growth for 2020-21 estimated at 10% Benefits for buyers and makers...