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’.
4411 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
Mahindra Extends BaaS Scheme to Full Electric SUV Lineup
Dev Vadchhedia
28 Aug 2026
Dual financing structure lowers upfront vehicle purchase prices with battery EMIs starting at Rs 3.75 per kilometre.
2027 Kawasaki Versys 650 Launched at Rs 8.63 Lakh
Autocar Professional Bureau
28 Aug 2026
The MY27 Versys 650 retains the same price and mechanical package, with a new Candy Lime Green colour option.
Indian Tyre Exports Rise 16% to Rs 7,700 Crore in Q1
Arunima Pal
28 Aug 2026
Tyre exports rise despite global trade and supply-chain pressures.
