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Wednesday, May 27, 2026 10:41 PM

employee bonus

Flipkart Announces 105% Bonus Payout for Employees Following Strong 2025 Performance

E-commerce giant Flipkart has declared a 105% bonus payout for eligible employees for the year 2025, reflecting the company’s robust growth and steady progress toward profitability. According to an internal communication accessed by PTI, employees up to the Senior Director level will receive their bonus payouts in March. Meanwhile, those at the Vice President and Senior Vice President levels will have their bonuses disbursed after the completion of the annual performance review cycle. In an email to staff, Chief Human Resources Officer Seema Nair highlighted that the company’s performance multiplier is driven by achievements across key business, financial, operational, and people-focused metrics. She emphasized that Flipkart has continued to build momentum while moving closer to sustainable profitability. Backed by Walmart, the company has also made notable progress in strengthening its core business segments while expanding new growth avenues. The bonus announcement aims to acknowledge the contributions of employees across all levels of the organization. Flipkart has not issued an official public statement in response to media queries regarding the development. Source: PTI

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Tata Steel Declares ₹303.13 Crore Bonus for Employees in FY 2024-25

Tata Steel has announced a bonus payout of ₹303.13 crore for its employees for the financial year 2024-25 after finalizing a memorandum of settlement with the Tata Workers’ Union (TWU). Out of the total, around ₹152.44 crore will be disbursed among 11,446 employees from the Jamshedpur divisions, including the Tubes division, the company confirmed. As per the agreement, the minimum annual bonus (for full attendance) stands at ₹39,004, while the maximum (based on actual attendance) goes up to ₹3,92,213. The company clarified that while most employees earn above the eligibility threshold set by the Payment of Bonus (Amendment) Act, 2015, Tata Steel will continue its long-standing practice of granting bonuses to all employees in the unionised category, upholding its tradition of employee welfare. The memorandum was signed in the presence of Tata Steel CEO & MD T.V. Narendran, Chief People Officer Atrayee Sanyal, and other senior executives, along with Jharkhand’s Deputy Labour Commissioner Arvind Kumar. Representing the workforce, TWU President Sanjeev Kumar Choudhary and General Secretary Satish Kumar Singh, along with other office bearers, signed the agreement on behalf of the union. Source: PTI

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