Category: Insights For Employers & HR Professionals

This section contains insights related to workplace processes, hr policies and practices.

52% of CEOs fear job losses post lockdown: Survey

The coronavirus pandemic and the subsequent government-imposed 21-day nationwide lockdown have deeply impacted the domestic economy, with a majority of firms expecting a significant decline in their top line and bottom line in the current and previous quarters, demand to decline and jobs getting impacted, according to a CEOs’ Snap Poll conducted by the Confederation…

Goldman Sachs offers employees 10 days of leave to handle “unique personal circumstances”

Investment bank Goldman Sachs has recently offered its entire workforce globally an additional 10 days of paid family leave to help support them through the ongoing coronavirus pandemic.  According to the company, the benefit has been put in place to enable employees to care for family members, as needed, due to COVID-19 (Coronavirus) related illness…

Pharma company implements compensation claw back policy

Takeda Pharmaceutical Company Limited, a global pharma company headquartered in Japan, has announced that its Board of Directors has approved an executive compensation recoupment policy (“clawback policy”). The policy is aimed at strengthening the company’s commitment to corporate governance. The policy will take effect on April 1, 2020 and apply to short-term incentive compensation beginning…

Infosys terminates employee over controversial social media post on coronavirus

Indian tech giant Infosys recently announced that it has sacked one of its employees who wrote an “inappropriate post” on Twitter about the coronavirus pandemic. Announcing the termination of the employee’s services through Twitter, Infosys said, “Infosys has completed its investigation on the social media post by one of its employees, and we believe that…

Are we heading towards an unemployment crisis?

The ongoing coronavirus pandemic has forced the world to a standstill. Markets are closed, roads are empty, people are locked inside their houses and business is not as usual. The novel virus which first originated in China has now become a global headache. So far the virus has infected more than 470,000 cases and claimed…