Wed, Apr 03, 2019
The most humane way to provide overall reduction of existing strength of employees instead of lay-off is the voluntary retirement scheme.
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Thu, Feb 14, 2019
Total income during the period under review stood at Rs 387.81 crore as against Rs 373.8 crore in the year-ago quarter, it added.
Mon, Feb 11, 2019
When a person opts for VRS, they receive some compensation, incentives along with amount which is due by the company when they leave.
Tue, Jul 18, 2017
Air India is drawing up a proposal to offer voluntary buyouts to just over a third of its 40,000 employees, a senior company official said, one of the largest such offers in India`s state sector, as the carrier slashes costs ahead of a 2018 sale.
Mon, Apr 03, 2017
Bhattacharya added, “At this point of time, Voluntary Retirement Scheme (VRS) for employees is not under consideration. But post merger, in future, there will be an option for employees to adapt this scheme. SBI will be very open to their choices. ”
Tue, Mar 14, 2017
The voluntary retirement scheme is a part of the on-going “organisation effectiveness” project, approved by the board, said the spokesperson.
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