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UNIQUE EMPLOYEE BONUSES
8th Pay Commission demands: Commuted pension after 11 years, fitment factor of 3, revised DA calculation; what AITUC wants from 8th CPCThe All India Trade Union Congress has presented 12 significant demands to the 8th Pay Commission chairperson. Key proposals include a 3.0 ...
This company is giving its employees $10,000 to return to office; here are all the details about the dealCameo is offering employees a $10,000 raise if they return to the office four days a week, plus an additional $5,000 for those who relocate...
Rs 14.5 crore given as reward to 140 employees by Coimbatore startup. Founder explains why not ESOPsCoimbatore-based SaaS startup Kovai.co has rewarded Rs 14.5 crore in bonuses to 140 employees as part of its ‘Together We Grow’ initiative,...
'Take as much as you can': Company lays Rs 70 crore cash for employees to grab; Netizens say, 'my company just gives pizzas'Henan Mining Crane Co., Ltd. held an event where employees could count cash bonuses on a large table for 15 minutes. The total amount was S...
Rs 70 crore cash bonus served on table for employees by company in viral video. WatchA Chinese company, Henan Mining Crane Co., Ltd., went viral for its unique year-end bonus, laying outRs 70 crore (S$11 million) in cash and...
Infosys employees start this fiscal with 80% bonusThe payout comes after Infosys led industry growth in Q1FY25 reporting healthy earnings of a 7.1% year-on-year growth in net profit on a 3....
Signing bonus: The pros and cons, and how you can negotiateCompanies use signing bonuses as a powerful tool to attract top talent by swiftly onboarding them without compromising on internal compensa...
Airtel, Vi give 7-8% salary hikes, up to 110% bonuses as competition to retain talent heats upBharti Airtel and Vodafone Idea have given 7-8% increments and up to 110% in bonuses to employees for the fiscal 2023 cycle. However, the i...
Times are changing, so should the performance based payWhen determining pay decisions, almost half of all managers now take into account employees' skills that are necessary for success of a fut...
RIL creates virtual employees 'Shubh' and 'Labh' towards employee engagement initiativeIn an employee engagement initiative, Mukesh Ambani-owned Reliance Industries has created two virtual employees named 'Shubh' and 'Labh'.
India Inc rolling out the red carpet for best talent, from iPhones to holidays abroad being offeredThe perks are glamorous and given more judiciously to drive performance and recognition for people who have gone beyond expectations.
Companies let staff buy and sell, cash out leaveIt's that time of the year when most companies bring out new leave policies, and innovation has certainly crept into this aspect for an emp...
Mutual fund mis-selling comes under scannerThe decision has been taken by the mutual fund industry body and self-regulatory organisation AMFI in consultation with capital markets reg...
Bonus, variable pay to remain in between 12% - 17% range in New YearIncentives in consumer durables, retail and healthcare cos will be similar to last year, payouts in real estate, infra, telecom and BFSI co...
Best Companies To Work For 2011: Classic Stripes' family atmosphere helps in retaining employeesEmployees of Classic Stripes, or associates, as they are called, feel like they are part of a family rather than just a company where they ...
- Attrition bugs India Inc as good times roll again
Corporate India is doing its best to hold on to talent, aware that there are enough opportunities that can lure executives. Destinations wh...
- Cognizant rewards employees for good show in trying times
Cognizant has announced bonuses for its employees globally for calendar year 2009, citing strong growth in a difficult year.
Cognizant announces bonuses, number touches 200 pc for top performersCognizant has announced bonuses for its employees globally, with the top performers reportedly getting as much as 200% bonus.
- ICICI Bank to scale down promotions, increments
India’s largest private sector bank ICICI, which has been hit by the credit crunch following the US subprime crisis, has decided not to giv...
- Score more with a longer stay
New economy companies are paying out 25-30% as cash bonuses if employees stick on.