Hero MotoCorp Ltd Stock Price & Trading Tips – Sell Target 2510-2480 Stop Loss PAID
The scheme – which will be valid till 28 September — is applicable for employees who age 40 years and above and have completed a minimum of five years of continuous service at Hero MotoCorp
Hero MotoCorp spokesperson said that the VRS has been designed in keeping with the spirit of compassion, empathy and welfare and offers a range of generous benefits to the ones opting to take early retirement from service
The compensation package offered under the VRS would include a one-time lump sum payout calculated on the basis of the number of years spent by the employee in the service of the company and his/her remaining years before retirement, taking 58 as the age of superannuation