The New Year has begun on a high note for the employees of KPMG. The Big 4 Accountancy Firm has announced a grand salary hike for around 35,000 employees. This move came after company CEO Paul Knopp made a momentous decision to recognize the value created by loyal, client-focused employees. Additionally, the organization will also…
Mumbai start-up True Elements Comes up with an ESOP worth INR 4 crore for key employees
One of the main benefits of working at a start-up is that you might end up with stock ownership! Getting to be a stockholder of your organization is always a privilege (not to mention profitable!) In recent years many famous start-ups rewarded star employees handsomely through stock options. This led to many employees like the…
As Human Rights Days Draw To An End, Educate Yourself on 9 Employee Rights You Are Entitled To!
Today was the Human Rights Day. If you are moderately active on social media, particularly in the social awareness/justice feeds, you will be more or less familiar with what is considered as basic human rights as defined by United Nations. (Such as the right to life and liberty, right to work and education, etc.)…
UK Firms Announce Unique Perks to Make Workers Return To Work
Habituated to a long spell of working in the comfortable confines of their own home in the quarantine period, many employees now feel reluctant to return to the familiar 9 to 5 office schedule. Many corporate bigwigs in the UK are now coming up with lucrative incentives to lure employees back to the office! For…
Amazon announces 50-pound bonus for punctuality
How can you ensure that your employees report on time? By rewarding them! This is exactly what Amazon, Britain did. Amazon UK is now offering a bonus of 50 pounds a week for those employees who show up to work on time for all their shifts and also maintain 100% attendance. However sick leave due…
Tesco offers 1000 pounds as joining bonus to lorry drivers
1000 pounds as a joining bonus! Sounds rather unbelievable in this job market (where jobs are becoming increasingly scarce) doesn’t it? But that is the amount which British retail giant Tesco has offered as a joining bonus to lorry drivers! As per BBC reports, for any lorry driver who joins the supermarket before September…
Morgan Stanley junior bankers can earn up to $100,000 now!
Investment banking titan, Morgan Stanley has declared a massive hike in the minimum salary of its junior bankers. Junior bankers can now earn up to $100,000 in the first year itself! Banks all around the world have been hiking the salaries of their employees following a mass protest of junior analysts at Goldman Sachs against…
‘Gratitude Holiday’ time for OYO employees!
Life has never been sweeter for OYO employees it seems. OYO Hotels & Homes have introduced several unbelievably high perks for its workforce, to ensure the well-being and a healthy work-life balance. The employees can now enjoy a special day of which has been termed as ‘OYOpendence Day’. This holiday scheduled for August 17…
DA of Central Government employees hiked to 28%
Great news for Central Government Employees! The Centre has approved an increase of housing and dearness allowances of its employees. The DA has been increased to 28% from the earlier 17%. The house allowance has also been hiked to 27%. However, the HRA will differ from city to city and will be calculated as…
Tesco offers 1000 pounds as joining bonus to lorry drivers
1000 pounds as a joining bonus! Sounds rather unbelievable in this job market (where jobs are becoming increasingly scarce) doesn’t it? But that is the amount which British retail giant Tesco has offered as a joining bonus to lorry drivers! As per BBC reports, for any lorry driver who joins the supermarket before September…