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Corporate India's Voluntary Retirement Payouts Surge
9 Feb
Summary
- Companies spent over Rs 1,000 crore on VRS schemes.
- This spending level last seen during the pandemic.
- VRS expenses sustained over Rs 1,000 crore since March 2025.

Corporate India's expenditure on voluntary retirement schemes (VRS) has surged significantly. Over the four quarters concluding in December 2025, companies collectively spent more than Rs 1,000 crore on VRS.
Data analysis reveals that these rolling four-quarter VRS expenses have consistently exceeded the Rs 1,000 crore threshold since March 2025. This level of spending on voluntary retirements has not been observed since the period of the Covid-19 pandemic, when similar high expenditures were recorded between September 2020 and December 2021.