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HCL Technologies asks resigning employees to return performance bonus

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According to TOI report, HCL Technologies is asking employees who are resigning to return the performance bonus that was given to them every month during...

Tata Motors to reward its employees with Performance Shares

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Tata Motors to issue Performance Shares to its own employees and the employees of its subsidiaries under the long-term incentive scheme. The Board members at...

Deutsche Bank announces 29% hike in bonuses

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Deutsche Bank announces 29% hike in bonuses Germany's largest lender Deutsche Bank announced Friday a 29-percent hike in 2020 bonuses despite warnings from the European...

Rethinking Performance and Rewards in the New Normal

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Rethinking Performance and Rewards in the New Normal “For every action, there is an equal and opposite reaction”. Our performance management system also needs to...

Harley-Davidson to pay the discretionary bonus in February

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Harley-Davidson to pay the discretionary bonus in February Harley-Davidson Inc said on Friday the human resources committee of its board approved a discretionary bonus to be paid in February...

Wipro to Raise Salaries of 80% Workforce by December 1

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Wipro to Raise Salaries of 80% Workforce by December 1, 2020. IT major, Wipro confirms its plan to roll out a single-digit salary hike for...

Salary cuts are getting rolled back, getting back to Normal?

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Salary cuts are getting rolled back, getting back to Normal? After reducing salaries owing to the pandemic, various companies are now bringing remunerations back to...

RIL rolls back salary cuts, announces performance bonus

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Reliance Industries rolls back salary cuts, announces performance bonus According to an ET report, Reliance Industries is rolling back salary cuts and offering the performance...

Govt fixes calculation ceiling for Non-PL bonus at Rs 7,000

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Govt fixes calculation ceiling for non-productivity linked bonus at Rs 7,000 The finance ministry has fixed the calculation ceiling for computing non-productivity linked bonus (ad...

Cabinet approves bonus for central government employees

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Union Cabinet approves bonus for 30 lakh central government employees On Wednesday, at a meeting, chaired by Prime Minister Narendra Modi, approval was given for...