ZingHR rolls out ESOPs, increments, out-of-turn promotions to boost employee morale amid COVID-19

Posted on by Hi Gujarat Webdesk

-Microsoft-backed company has also rolled out Zing2.0- an upgraded version of the app with personalised modules and revamped features

-People, Profitability, Performance are its three top goals for 2021

Mumbai (Maharashtra) [India], May 31: Microsoft-backed HR cloud-tech company ZingHR has rolled out Employee Stock Ownership Plans (ESOPs), increments, and out-of-turn promotions to boost employee morale and motivate them while working from home amid COVID-19.  The ESOPs will allow approximately30% of the total workforce to own a stake in the company and bolster employee engagement efforts. ZingHR has rolled out annual increments in the range of 15 to 40% and even awarded out-of-turn promotions to 15 to 25% of their employees who have played a role in their Outcomation initiative last year. Its top three top goals for 2021 are People, Profitability, and Performance. The company is also planning to increase the size of the team by 2x by strengthening the leadership team to spearhead global expansion efforts. It also aims to triple the top-line growth and improve business profits this year by better margins.

“We, as a family of employees, have been on a difficult journey in the past year, and everyone has contributed their best. To reward these efforts in this journey, we are offerings ESOPs to over 30% of our team. We aim to imbibe an entrepreneurial culture, giving wings to individual aspirations,” said Prasad Rajappan, Managing Director, ZingHR.

He added: “I have been an employee for some of the years in my career, and I can very much relate to what our employees’ expectations and needs are. I believe that if employees have a sense of ownership, they can significantly contribute to our long-term vision of providing best-in-class HRMS software focussed on OutcomationTM.”

These initiatives come when several companies are laying off employees or implementing a pay cut amid uncertainty induced by the recent surge in coronavirus cases across the country.

The company has also rolled out Zing2.0- an upgraded version of the app with personalised modules and upscaled features.  With an unparalleled suite of capabilities, Zing HR’s new digital user interface will improve the ability to collaborate, engage, and implement agile planning. It also offers access to customised views with key performance metrics and multidimensional reports. It will therefore increase the workforce’s productivity with faster, direct access to the most relevant information.

ZingHR has recently forayed into Australia, Singapore, and Dubai and is set to expand into more new geographies. It is also on an aggressive hiring spree to bolster its expansion efforts.

Venkat Balan, Co-Founder, ZingHR, added, “As we all know, the past year has been difficult for all of us. However, all our employees have put their best efforts into our long-term vision. This initiative is a small contribution from ZingHR for their best efforts”.

Ravi Bajaj, Co-Founder, ZingHR, on the same occasion shared, “We believe that this is the humble way to support our employees for their patience and hard work.”

ZingHR is one of the few global ventures backed by Microsoft, which offers almost all web/mobile-based modules from Hire to Retire Solutions with a state-of-the-art tech supporting those applications. ZingHR’s USP focuses on OUTCOMATION™, which aims to achieve Tangible and Measurable Business Outcomes Like Top Line, EBIDTA, People Efficiency, and People Productivity. The company has constantly updated its technological prowess to deliver a modern and complete HR solution used by over 5 lakh employees in over 500 companies. Some of its esteemed partners include global and regional organisations like HDFC Bank, Muthoot Fincorp, Enrich Salons, Sun Pharmaceuticals, Cloud Nine Hospitals, etc. Recently, ZingHR has expanded into new regions like Australia, UAE, and the Asia Pacific.

For more information or to get in contact with a ZingHR representative in your region, contact info@zinghr.com

123 thoughts on “ZingHR rolls out ESOPs, increments, out-of-turn promotions to boost employee morale amid COVID-19”

  84. The success of this game has led to a number of successors, including Double Blessings, Dancing Drums Explosion and Dancing Drums Prosperity. You can see a more complete list of my Dancing Drums articles. As new technology advances, the genre of the bartop gaming machine continues to grow. Slotorama is an independent online slot machines directory offering a Free Slots and Slots for Fun service free of charge. It is the player’s responsibility to ensure they meet all age and other regulatory requirements before entering any casino or placing any wagers if they choose to leave our site by way of our Slotorama code offers. It is impossible for us to know if you are legally eligible in your area to gamble online because of the many differing jurisdictions and gambling sites around the world. It is your responsibility to know whether you can gamble online or not.
    http://ivimall.com/1068523725/bbs/board.php?bo_table=free&wr_id=238004
    The welcome bonus at Slots Empire is quite generous. In fact, the 245% match on your first deposit is better than most online real money casinos – and you can claim it five times. All the latest free spin bonuses will usually be displayed on the casino’s dedicated promotions page. This article is also a good source to find the latest free spins offers, as we try to keep it updated with all new offers that pop up. Drake Casino offers new members a 300% match deposit bonus up to the value of $2,000. Furthermore, you can also claim this bonus on each of your first three deposits. This means you could earn $6,000 in bonuses in total. If you prefer a bonus in the shape of free spins, the casino also offers 540 free spins in total, also spread over your first three deposits at the site. To receive the free spins, you have to deposit at least $150. This is not all. Drake depositors also join the Platinum bonus level immediately, where they get a 30% deposit bonus up to $500 on every single deposit. No deposit bonus codes are required for these bonuses

  93. It brings an end to what Draper hopes will go down as his breakthrough summer, and while he harboured dreams of a deeper run at SW19, the 20-year-old has shown it may not be long before he regularly challenges the top-20 players – while getting to grips with five-set tennis is a test that only the slams can help with. In case you missed it, this year's Wimbledon is the latest major sporting event to receive the Netflix treatment. Top questions about Wimbledon Your browser is out of date or some of its features are disabled, it may not display this website or some of its parts correctly. ESPN’s family of networks will combine to carry live TV coverage of every 2022 Wimbledon tennis match in the United States. Weekday matches will be shown on ESPN or ESPN2, while ABC is scheduled to carry live weekend matches beginning July 2-3.
    https://ism.or.kr/bbs/board.php?bo_table=free&wr_id=211879
    Are you interested in testing our corporate solutions? Please do not hesitate to contact me. Assistance is on hand. You can check out our Euro 2020 live stream guide, to see what the broadcasting rights are for the tournament all over the world. Our Euro 2020 livescore solution is therefore totally comprehensive and will enable you to follow the Europe-wide tournament this summer. Here’s all the information you can expect to receive, on this very page: You can click on any player from the roster on the right and see his personal information such as nationality, date of birth, height, preferred foot, position, player value, transfer history etc. There are also statistics for each player in all competitions with all total played and started matches, minutes played, number of goals scored, number of cards and much more. England top scorers list is updated live during every match.

  96. Сыворотка поможет вам добиться густых и упругих ресниц о которых вы всегда мечтали. Миристоил Пентапептид-17 – высокоэффективный косметический компонент, стимулятор выработки кератина, формирующего структуру волоса. Воздействуя на волосяные фолликулы, активизирует естественный рост новых ресниц и укрепляет их структуру. После поступления заказа в ПВЗ, вам придет смс/e-mail уведомление. Обращаем Ваше внимание – товары для животных можно заказать только с доставкой. Подробнее обо всех видах доставки и оплаты МЫ ОБЯЗАТЕЛЬНО СВЯЖЕМСЯ С ВАМИ 23 ИЛИ 25 ФЕВРАЛЯ 2023Г. ДЛЯ ПОДТВЕРЖДЕНИЯ ЗАКАЗА. Согласно ФЗ от 29.12.2010 №436-ФЗ сайт 7DAYS.RU относится к категории информационной продукции для детей, достигших возраста шестнадцати лет. Масло-бальзам для ресниц TM ChocoLatte – это Ваш помощник, оно сделает реснички пушистыми, длинными, крепкими и даст им отдохнуть от туши.
    https://dominickrpnk184184.ourcodeblog.com/18463661/чем-развести-гелевую-подводку-для-глаз-засохшую
    Купите в аптеке флакон репейного масла. Для укрепления ресниц и усиления их роста наносите его ежедневно, желательно перед сном. Основная проблема в использовании – жирность масла. Оно по веку, попадает в глаза и портит постельное белье. Чтобы ежевечерняя процедура не причиняла хлопот, научитесь правильно пользоваться этим продуктом. Эффекты: В состав продукта вошел микс масел, максимально воздействующих на ресница. Это масла репейника, усьмы и косточек абрикоса. Использование продукта поможет простимулировать рост ресниц, значительно увеличив их длину. Кроме того, реснички станут более густыми. А всё потому, что под видом масла усьмы часто продают более дешевое масло рукколы. Оно тоже безумно полезное, но по эффекту всё-таки отличается. 2. Чтобы сделать брови темнее и гуще, смешайте пол чайной ложки льняного масла, 10 капель касторового, 2 капли камфорного. Смазывайте этой смесью брови и тогда вы сможете добиться улучшения роста, а также защиты брови от обесцвечивания. Также оставляйте смесь на ночь, утром смойте мылом или шампунем.

  111. Freerolls don’t cost a dime to play, but they do offer you the chance to win some real money. You may earn a freeroll token when you open your online poker account. Alternatively, most online poker apps will run freerolls for regular players during the week. Thanks to a gambling expansion package passed in 2017, online poker is now legal in the state. The launch of the first poker site (PokerStars) happened over 700 days after that legislation was passed. Legal online poker sites are very much a reality in Pennsylvania. However, officially, you’re only supposed to play at online poker rooms which have been licensed by the PGCB, such as Borgata Poker PA, PokerStars PA, and BetMGM. Online poker is licensed through the Pennsylvania Gaming Control Board. Casinos in the state may partner with poker sites. Money deposited at a Pennsylvania online poker room is as safe as chips held by one of the state’s casinos. Deposits are guaranteed by the licensee.
    https://turtlesupport.org/community/profile/pamalakortig29/
    Like many other services, Slots Empire Casino no deposit bonus, and the free spins offered in Empire Slots are also bound to several conditions. These include the terms below: Please, note: this coupon code is for exclusive use by FreeExtraChips’ visitors players. It works only on Slots Empire Casino. If the same code is found on other websites, it will not work and it will not credit any bonus. When you use it you basically become free from any taxes and you get all winning cash. However, you should check the upcoming slots before every single game, because Slots Empire Casino bonus may change from time to time. It is fairly simple to claim the Slots Empire Casino no deposit bonus. First, you must register to the site. Proceed to the cashier and enter Slots Empire no deposit bonus codes into the “Enter Code” tab. The bonus will be credited to your account. Slotsempire no dep bonuses are a great way how to win without risking any of your own funds.

Leave a Reply

Your email address will not be published.