Follow us
Hero MotoCorp launches VRS for staff
The VRS has been designed in line with the vision to make the organisation agile and ‘future-ready’.
4420 Views
Motorcycle and scooter manufacturer Hero MotoCorp has launched a voluntary retirement scheme (VRS) for its staff.
The VRS has been designed in line with the vision to make the organisation agile and ‘future-ready’, consolidating roles and reducing layers to increase empowerment and agility, and is expected to improve efficiency within the company through a lean and more productive company.
Applicable to all staff members, the VRS offers a package that includes among other benefits, a one-time lump-sum amount, variable pay, gifts, medical coverage, retention of company car, relocation assistance, career support etc.
RELATED ARTICLES
Maruti targets 16,500 Monthly Sales for New Baleno, Sharpens Premiumisation and Nexa strategy
Prerna Lidhoo
05 Sep 2026
The new Baleno gets a significant feature upgrade, including ADAS level 2, which is a first for the premium hatchback se...
Tata-owned JLR to cut 4,000 UK jobs Amid Sales, Tariff Pressures
Autocar Professional Bureau
05 Sep 2026
According to The Times, JLR chief executive PB Balaji is under pressure from Tata Motors to reduce costs as the company ...
Jawa Launches All Stars Edition of 42 Bobber, Priced From Rs. 2.09 Lakh
Arunima Pal
05 Sep 2026
The All Stars version adds new color options, chequered graphics and an All Stars badge to the existing model.
