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LATERAL HIRING INCENTIVES
'I took an unexpected job offer and turned it into a counteroffer': The vacation phone call that became a 35% raise, a promotion, and a lesson most American workers need to learnA mid-level manager on vacation received an unexpected job offer, leading him to negotiate a significant pay raise and promotion upon his r...- Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...
- Elon Musk’s xAI promised staff $420 for their tax returns, hasn’t paidElon Musk's xAI offered employees a $420 payment for their tax returns to train its Grok chatbot. Two months later, these promised payments...
- Tata Electronics boosts headcount to 75,000Tata Electronics has significantly expanded its workforce to 75,000, surpassing Foxconn and becoming Apple's largest contract manufacturer ...
- Apple Pay’s India challenge; TCS hiring pushHappy Tuesday! Apple Pay faces pricing challenges as it works to launch in India. This and more in today’s ETtech Morning Dispatch.
- Infosys gears up for campus hiring, invites senior employees on panelsInfosys is ramping up its campus hiring after a two-year slowdown, inviting senior employees to participate in recruitment panels. The comp...
- Pradhan Mantri Viksit Bharat Rozgar Yojana: How much employee and employer will get under Employment Linked Incentives scheme?Narendra Modi announced the Pradhan Mantri Viksit Bharat Rozgar Yojana on August 15, 2025. The scheme aims to generate 3.5 crore jobs with ...
- Infosys introduces payouts for employees helping with recruitmentInfosys has launched a cash reward scheme for senior staff conducting lateral hire interviews, offering Rs 700 per interview, retrospective...
- Infosys looking to hire experienced tech workers across over 40 skill setsInfosys has sent an internal communication about the proposed hiring, allowing the candidates to indicate the choice of their interview loc...
- India may offer on-tap facility for EV manufacturing, letting cos like Tesla test waters firstIndia is set to finalize guidelines for an incentive scheme to promote electric vehicle (EV) manufacturing, with details expected next mont...
- Hiring of entry-level graduates from campuses falls in FY24India Inc has taken a cautious approach to campus hiring in FY24, with many companies freezing or reducing fresh hirings. The Aon Campus St...
- In India's semiconductor moment, spotlight on talentThere is demand for 40,000-50,000 employees across job roles in 2024, a 25-30% increase over last year, says staffing company Randstad. The...
- Retail and allied sectors ramp up temporary staff to cater to festive season demandThe sectors that are expected to see increased hiring are e-commerce, consumer durables, logistics and retail/FMCG, say HR experts.
- RBI Governor Raghuram Rajan bats for more freedom to state-run banksRBI wants to make sure that the country's banking system is cleaned up so that there is no room for fraud during stressed times,
- IT professionals may get double-digit hike this yearAfter an average 8-10 % hikes last year, the IT staff can expect a double-digit increase in emoluments this year, says Nasscom
- Cost savings in mind, India Inc banks on referrals, internal job posting for recruitmentReferrals, internal job postings become the preferred mode of employment as companies discover they can ensure cost savings, better matches...
- Coca Cola to hike hiring in India by 9 pc in 2011The India arm of global beverage maker Coca Cola plans to hire around 600 workforce this year, which accounts for around nine per cent of t...
- Techies misusing employee referrals to make a fast buckEmployees are sending out SMSes to those unknown to them but in need of a new job, and are even demanding payments from desperate candidate...
- Attrition worries return to haunt IT sectorThe Indian IT sector is grappling with high attrition rate even as firms are doling out financial benefits to employees, says Nasscom. Fun ...
- Referrals cut cos’ recruitment costsReferral recruitments are nothing new. But what’s new is India Inc’s willingness to pay astrnomical referral bonuses to the existing employ...
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