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’.
4401 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
Ultraviolette Launches Riding Academy for Electric and ICE Motorcycle Riders
Autocar Professional Bureau
21 Aug 2026
The new academy brings Ultraviolette’s Track Attack and Into the Wild programmes under one platform, with three levels o...
SUPRA SAEINDIA 2026 to Feature 66 Student Teams at Buddh International Circuit
Autocar Professional Bureau
21 Aug 2026
Thirteenth edition of student engineering competition to run from September 2 to 5 with 52 conventional and 14 electric ...
‘Skills will Become the Currency’: Hyundai on Changing Automotive Roles
Mukul Yudhveer Singh
21 Aug 2026
Hyundai Motor India sees automotive organisations moving towards skill-based roles as software, data, AI and automation ...
