Cybage Software and Quick Heal have embarked on appraisals, which were deferred in April, of all their eligible employees from October.
Cybage employs as many as 6,500 people, while Quick Heal has about 1,000 employees, most of them in Pune. "When your employees stay loyal and committed to your organization's growth during times of success, it is your duty to stand by them when the picture is not as rosy," Arun Nathani, managing director and chief executive officer Cybage Software, said.
Not only will eligible employees get their appraisals now, Cybage Software said the employees would also be eligible for the next round of appraisals that follows in April 2021. The company said it did not shed a single job due to the pandemic-induced challenges.
"Unlike some in the Indian IT sector, the topic of job losses, retraction of offers and salary cuts was not open for discussion in Cybage's boardroom, despite the prevalent global economic situation," Nathani said.
Quick Heal, on the other hand, said there was no better time than this to continue to invest in talented employees. "The challenges posed by the pandemic and uncertainty that followed made several firms, including us, delay the annual increments. However, we had informed our employees in April that we have pushed our annual increments to October," said Reetu Raina — Chief Human Resources Officer at Quick Heal Technologies.
Analysts said, the announcement of appraisals points to a faster-than-expected recovery and comes at an opportune time right before the ensuing festive season.
The original article can be read here: https://timesofindia.indiatimes.com/city/pune/cybage-quick-heal-embark-on-appraisals-after-6-months/articleshow/78738461.cms