Home News Appinventiv Hands Out 22% Average Increment

Appinventiv Hands Out 22% Average Increment

Appinventiv Hands Out 22% Average Increment

Appinventiv, an end-to-end digital transformation service provider company, has completed its second appraisal cycle this year with an average increment of 22% for over 600 employees. Along with the appraisals, the company has also rewarded people with performance-linked bonuses “for showing utmost resilience and delivering optimum results, the company stated in a release.

Appinventiv has also resumed hiring from remote locations in Q2 of the financial year 2020-21. The company has hired 100 people in lockdown and is planning to hire over 300 more from remote locations. The company is on track to clock over 200% growth in revenue in H1 FY 2020 – 2021 vis-à-vis H1 of FY 2019-20.

“At Appinventiv, we ensured that there were no COVID-19 related job losses despite a little business impact initially. All the recent hires are being on board virtually even from remote locations and our entire onboarding is focussed on delivering a smooth and hassle-free joining experience,” Niharika Rawat, Manager HR, Appinventiv said.

Appinventiv has also bagged multiple government projects.

Eskalera, a Startup Led by Goldman Sachs’ Former HR Head Has Launched a Diversity and Inclusion Index

Eskalera, a technology startup led by Goldman Sachs former human resources head Dane Holmes, has launched an index to measure corporate diversity and inclusiveness,...

HSBC to Remove 35,000 Jobs Amidst Covid-19 Crises

HSBC Holdings Plc has restarted cutting as many as 35,000 jobs, three months after the coronavirus outbreak forced it to pause a long-awaited overhaul...

Genpact Offers Its Internal Skill Training Program Globally for Everyone

Genpact has announced Adapt and Rise, a role-based online learning platform that leverages Genpact's expertise honed from delivering real-world change for hundreds of clients....

San-Francisco Based Learning Platform Degreed Has Raised $32 Million in New Funding

The upskilling platform, Degreed, has announced $32 million in new funding in direct response to overwhelming demand for better skill insights, talent mobility, and...

Research Shows the Implications of Workplace Layouts on Employee Productivity and Overall Performance

As some workplaces prepare for the gradual return of employees and overhaul office layouts and seating plans, research has shown this could also have...

Employee Concierge ‘Back Technologies’ Integrates Automation Into Internal HR and Other Support Tasks

Companies are under increasing pressure to automate workflows and digitally service their employees, particularly in light of trends toward remote work. It takes an...

HR Strategies to Help Your Business Navigate the New ‘Normal’

No business is immune to the massive changes resulting from the health crisis. Organizations have proven themselves to be agile, and employees have demonstrated...

The Importance Of Diversity And Inclusion In HR, Hiring, Talent Management: Thoughts From A Top Expert

Michael C. Hyter is one of today’s best-known experts on inclusion and diversity and the author of The Power of Choice: Embracing Efficacy to Drive Your Career and The...

HR Expert Highlights Actionable Steps to ‘Make Real Change’ Against Racism in Your Workplace

Kyra Leigh Sutton, Ph.D., is a faculty member at the Rutgers University School of Management and Labor Relations, where she teaches human resources courses...

Adidas Employees Want Company to Investigate HR Chief for Response to Racial Issues

A group of Adidas employees from around the globe is asking the company to investigate its chief human resources officer, as part of a...