Performance Appraisal
Infosys gives 80% bonus to majority of employees for first quarter
Infosys has rolled out an average 80 per cent performance bonus for Q1, linked to employee ratings across PL4-PL6 levels, following stronger-than-expected quarterly growth
 "Infosys gives 80% bonus to majority of employees for first quarter")
Pay, performance, prudence: 8th Pay Commission must heed ground realities
One of the prominent demands from staff representatives, as reported by this newspaper recently, is to increase the 'standard consumption norm' from 3 to 3.6 units
 "Pay, performance, prudence: 8th Pay Commission must heed ground realities")
Google revamps salary structure; to boost bonus for top performers
Google to overhaul pay structure, boosting rewards for top performers while trimming bonuses for mid-tier staff to drive productivity
 "Google revamps salary structure; to boost bonus for top performers")
China plans 50% pay cuts for fund managers missing performance targets
The sweeping measures come as policymakers seek to attract more long-term capital into the nation's stock market amid slowing economic growth and an escalating trade war with the US
 "China plans 50% pay cuts for fund managers missing performance targets")
IT giant TCS kicks off appraisal cycle during annual compensation review
He also added that the company's retention level will be back to pre-pandemic level by the second half this fiscal year.
 "IT giant TCS kicks off appraisal cycle during annual compensation review")
As layoffs continue, companies may tweak processes to determine appraisals
In the upcoming year, the salary hikes are less likely to be dependent upon seniority
 "As layoffs continue, companies may tweak processes to determine appraisals")
Railway officials to be rated on freight volumes, train movement efficiency
The Railways' overall freight growth against the ministry's internal target was 0.94 per cent in FY22
 "Railway officials to be rated on freight volumes, train movement efficiency")
Govt asks ministries to review performance of staffers aged over 50
Older, inefficient employees may be pushed into early retirement
CBDT to link field officers' appraisals, postings with 'Vivad se Vishwas'
'Vivad se Vishwas' scheme for resolving income tax cases was announced during the 2020-21 Budget presentation by Finance Minister Nirmala Sitharaman
 "CBDT to link field officers' appraisals, postings with 'Vivad se Vishwas'")
Psychological gym
Great companies know how to counter the brain's negative bias
 "Psychological gym")
From tiffin carriers to Marutis
Assessing employee performance in the 70s was scarcely a developed science or art in India - HR departments as we know them didn't even exist
 "From tiffin carriers to Marutis")
