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VOLUNTARY EXIT SCHEME
Microsoft voluntary retirement scheme: What happens if employees say no to the exit offer?Microsoft has announced a voluntary exit programme allowing approximately 60,000 employees to leave the company with support. The offer inc...- 'I am so torn on what to do': Microsoft employee returning from maternity leave offered voluntary exit, turns to internet for adviceA Microsoft employee in Canada says she was offered a voluntary exit package worth around 10 months of pay just before her maternity leave ...
- Microsoft offers voluntary exits to 60,000 employees: What's in it, who qualifies and will India’s 23,000-strong workforce be impacted?Microsoft has introduced a voluntary exit offer for eligible employees in India, the US, the UK and Canada, covering around 60,000 workers ...
- What is the difference between buyout and layoff? Microsoft offers buyout to 60,000 employees; check what it means for workersMicrosoft buyout offer to 60,000 workers: Microsoft has introduced a Voluntary Exit Offer (VEO) for eligible employees in India, the US, Ca...
- ‘You are more than who you work for’: Ex-Microsoft director shares life after voluntary exitFormer Microsoft director Diane Boettcher has advised employees considering voluntary buyouts to look beyond their professional identities....
- VRS offer in hand? Check these tax rules before you accept the packageContemplating a Voluntary Retirement Scheme (VRS)? Prior to making your decision, it’s crucial to analyze the overall financial implication...
- Retiring early? Know how much tax exemption can employees claim for VRSYou can claim full tax exemption on VRS if the scheme was launched under special framework; Know how it works for employees claiming VRS.
- Is severance pay received under a VRS taxable for all employees? Know what the Income Tax law saysSeverance pay received under a voluntary retirement scheme is not always taxable for all employees; Know why and what the tax law says
- EPF Scheme 2026: Key changes in nominations, PF withdrawals, and employer complianceKey features— such as the 12% contribution rate for employers and employees as well as the Rs.15,000 statutory wage ceiling—remain unchange...
- UPS rules for VRS explained: Central govt employees seeking voluntary retirement need to serve notice period of this durationUnified Pension Scheme (UPS): New guidelines from the Department of Pension and Pensioners' Welfare detail voluntary retirement for governm...
- Calcutta Stock Exchange may mark its last Diwali in 2025 ahead of voluntary exit as bourseThe Calcutta Stock Exchange (CSE), one of India's oldest bourses, may this year celebrate its last Kali Puja and Diwali on October 20 as a ...
- Sweden may start paying 'foreign-born' Swedish passport holders $1000 for leaving itSweden's government is planning to offer financial incentives for foreign-born Swedish passport holders to emigrate. This extended a curren...
- 21% unorganised workers exit PM pension schemeExperts attributed this to high inflation and rise in cost of living which has made it difficult for unorganised workers to continue contri...
- BPCL offers voluntary retirement scheme to employees ahead of privatisation"The Corporation has decided to offer a Voluntary Retirement Scheme (VRS), with a view to enable employees, who are not in a position to co...
- Two more states opt out of PM crop insurance schemeUnder the new insurance scheme, the provision that caps the central subsidy in the premium rates to 30% for unirrigated areas and 25% for i...
- Overseas Citizens of India may now subscribe to National Pension SystemThe National Pension Scheme was first notified for all government employee joining service from Jan 1 2004 and was later extended to all In...
- Centre starts registration for Pradhan Mantri Kisan Maan-Dhan YojanaThe government has budgeted Rs 10,774.50 crore for implementation of the scheme for the first three years starting this fiscal.
- Coal India relaxes norms for Voluntary Retirement Scheme for womenIt will allow the sons to be posted at locations nearest to their homes instead of being employed at CIL's exploration and consultancy arm.
- 250 Kerala bank officials seek voluntary retirementThe last date to give their option is Oct 31 and a top SBI official said the number of officials opting for the voluntary retirement scheme...
- State Bank officials rush to exit before door slams shutA number of senior officials from State Bank of India (SBI) are actively considering early retirement.
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