Indian state-owned steel making Company, Steel Authority of India Limited (SAIL) has rolled out a scheme to facilitate better work-life balance of its employees. Under this scheme, employees up-to E-7 (general manager) grade can opt from various shorter working hours options like three days a week, every alternate day, four hours every working day or […]
Tag: employee benefits
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the payment of Productivity linked Bonus for the year 2019-2020. This will cover 16.97 lakh non-gazetted employees of commercial establishments such as Defence, Posts, Railways, ESIC, EPFO etc and the financial implication would be Rs. 2,791 crore. Non-Productivity Linked bonus or ad-hoc […]
Bengaluru-based cloud services provider G7 CR Technologies recently announced that it has decided to pass on the various benefits to its employees for a safer and healthy work environment. The company has announced a work from home allowance of ₹18,000 for all its employees. The intent is to aid the purchase of UPS and office […]
At a time when layoffs, furloughs, and pay cuts have become a common phenomenon, e-commerce giant Amazon is surely leading the way in job creation and salary benefits for employees. The Jeff Bezos-led company recently said that it would spend $500mn on one-time bonuses to its front-line employees and partners working through the coronavirus crisis. […]
In an attempt to promote employee welfare and the company’s relationship with dealers and franchise owners, Bharti Airtel will reportedly pay the April month salary of nearly 25,000 employees belonging to its dealers, distributors and franchisees. According to a report by Mint, the company has told its partners to pay their employees full salaries for […]
In an attempt to promote employee welfare, French IT services giant Capgemini has recently announced that it has given a single-digit salary hike to 70 percent of its employees in India, effective April 1, 2020. The move will benefit the company’s 84,000 employees of its 1.2 lakh Indian workforce. The company has also said that […]
The airline industry globally is suffering the most due to the coronavirus pandemic. The novel coronavirus, which first originated in China, has now spread to almost every corner of the world forcing governments to take tough actions. Several countries have imposed national and international lockdown and put a ban on movement to prevent the transmission […]
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 […]
The novel coronavirus outbreak has hit the tech and manufacturing industry severely with many companies shutting down factories, closing operations or shifting work out by asking employees to work from home. The outbreak has led to the world’s largest work from home experiment to take place. As the Washington State has emerged as one of […]
Ride-hailing startup Uber Technologies Inc recently said that it will offer compensation to drivers and delivery people diagnosed with the coronavirus or placed in quarantine for up to 14 days. In an official statement, the company said that it has already started compensating drivers in some markets and is planning to implement the same benefits […]