In a sign of tough times for the software services companies, Infosys has reduced the average variable payout at an organisational level to 60% for Q4 FY23. The company has informed the same to its employees in an internal mail. In the first quarter of FY23, Infosys had lowered the variable payout...
According to data shared by the All India IT & ITeS Employees’ Union (AIITEU), around 20,000 techies lost their jobs in ‘silent’ layoffs in the IT/ITeS sector in India in calendar year 2023. AIITEU believes that the actual number is higher and yet to be reported. These layoffs happened...
Nucleus Software, the BSE & NSE listed, India’s leading provider of robust digital lending and transaction banking solutions to the global financial services industry, is pleased to announce the appointment of Swati Patwardhan as its new Chief Human Resources Officer (CHRO) with effect from May...
Shyamala Shukla has joined Suzlon Group as Senior Vice President & Head of HR – India Business. She has confirmed this development through a social media post. Before this appointment, Shyamala Shukla was associated with CK Birla Group as Group Vice President – Human Resources. Also...
Vibha Singh is elevated to the position of Executive Director – Human Resources of Table Space. She has confirmed this development through a social media post. Vibha Singh has been associated with the organisations from last more than 4 years in different positions and recently as Senior...
Plum, a leading insurtech company, is pleased to announce the appointment of Priya as the new Chief Human Resources Officer (CHRO). With a Master’s degree in Applied Social Psychology and 17 years of extensive experience in talent management and organisational development, Priya brings a wealth of...
The Bombay High Court observed that a leave encashment paid on account of unutilised leave is not a bounty, but the right of an employee. The petitioners approached the court seeking encashment of their privilege leaves, which their employer, Vidarbha Konkan Gramin Bank, had rejected. Both...
(PTI): Recruitment activities are expected to be focused on filing new positions in 2024-25 as hiring for fresh openings will make up 27 per cent of talent-hunting efforts of employers across sectors, according a report released on report released on 23rd May, Thursday. Hiring for replacements for...
Joginder Singh has joined Panacea Biotec as Head – HR (Sales & Marketing). He has confirmed this development through a social media post. Prior to this appointment, Joginder Singh was associated with TVS Credit Services Ltd. as Regional HR Manager. Also read: Rashmi Prabha joins Sonata...
Rashmi Prabha has joined Sonata Software, as Vice President- Human Resources. Before this appointment, Rashmi was associated with Wipro for over 10 years in various leadership roles and recently as General Manager & Head HR CIS. Also read: 85% of India Inc Optimistic about Promotions, or Salary...
