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Cheers! Higher bonus for workers becomes a reality
Fp Archives •The government has notified the Payment of Bonus Act on January 1, a move which will benefit crores of workers whose wages are below Rs 21,000 per month
Festival bonanza: Cabinet may clear Bill amendments to hike bonus, wage limit today
Fp Archives •
Cabinet nod to productivity-linked bonus for railway employees
Fp Archives •The proposal was cleared at the Union cabinet meeting chaired by Prime Minister Narendra Modi, sources said.
What a boss! CEO gives more than £1,50,000 to each employee after selling his company
Fp Staff •Nevzat Aydin, the CEO of Turkey’s biggest online food ordering service Yemek-sepeti, decided to give more than £1,50,000 in bonuses for each of the firm's 114 employees. Why? Because he felt that everyone had contributed to the success of his company.
What TCS massive bonus shows: Software's T-Rex is facing the downside of size
Jagannathan •TCS announced a large bonus payout to its employees yesterday with its annual results, but the bonus is also indicative of the challenges it faces in managing a massive 3-lakh-plus workforce and size.
One graphic that explains why TCS doled out Rs 2,628 cr bonanza for staff
Fp Editors •The company management has admitted that the increase in attrition is serious but downplayed the concern
TCS shares head for biggest fall in six months after Q4 results disappoint
Fp Archives •Shares in Tata Consultancy Services fell as much as 4.4 percent on Friday, heading towards their biggest fall since October 2014, after the company's January-March revenue fell short of expectations.
TCS' Rs 2,628 cr bonus for its entire staff dents Q4 profit but creates Twitter buzz
Fp Staff •The company has about 319,000 employees globally. All employees who have completed at least a year of service with the company will be eligible for the bonus, TCS said.
IndiGo annouces bonus for pilots, cabin crew
Fp Archives •However, the airlines is also facing attrition with many of its pilots are being poached away by the Gulf-based carriers.
Government offers Sri Lanka almost $1m to win World Cup
Fp Archives •Sri Lanka's government Thursday announced a million dollar bonus to the national cricket team if they win this month's cricket World Cup being played in New Zealand and Australia.