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TO THE NEW Announces Appraisals & Bonus for its Employees

TO THE NEW Announces Appraisals & Bonus for its Employees

TO THE NEW, a digital technology companies, upon completion of its annual appraisal cycle, has announced an average increment of 18 per cent for all the employees. The company also announced that it has paid a 100 per cent bonus to its people. The company also honored all the offers made to the lateral hires as well as freshers during the last 9 months.

 

The company further shared that there was no impact of COVID-19 in the appraisal % and bonus payout. TO THE NEW had also resumed hiring in Q2 of FY 20-21 and was able to make an early recovery from initial hits due to COVID. 

 

Satya Sharma, Co-Founder & CHRO, TO THE NEW said, “I am proud of our people  and firmly believe that great talent should be celebrated and acknowledged. I am happy to share that we have had the immense and continued support of all . . . during the pandemic and we carried out all appraisals in a business-as-usual manner. We ensured that there were no COVID-related job losses despite some business impact initially. All the recent hires are being onboarded virtually and our entire on-boarding program is focussed on delivering a smooth and hassle free joining experience.”

 

A consistent ‘Great Place to Work’ winner, TO THE NEW bagged "Most valuable employer - Asia Pacific” for COVID-19 response and “Achievement in Benefits Design and Administration”, at the 2020 Stevie Awards for Great Employers.

 

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