Tag: basic pay

9% pay hike for Citigroup CEO

Jane Fraser, CEO, Citigroup, will enjoy a pay hike while most other executives across various financial institutions in the US are taking a pay...

4% DA hike likely for government employees

Government employees can expect a four per cent increment in dearness allowance (DA) this time. The hike will reportedly come into effect from 1...

Wage Code: Is it beneficial to the employees or the employers?

The Code on Wages Bill 2019 has become a topic of much chatter. The new rule states that the allowances cannot be more than...

Labour Code 2020: Lesser take-home salary, more gratuity for private employees

As per the Code on Wages, which will come into effect in April, private companies will have to take a relook at the salary...

DoPT issues new instructions for night duty allowance

The practice of giving night duty allowance to the employees of the Central government with a particular Grade Pay has been terminated. As per...

BEST employees to get 17% pay hike and Diwali bonus

The Brihanmumbai Electric Supply and Transport (BEST) management, has entered into an agreement with a workers’ union led by the Shiv Sena. The Memorandum...

How this energy company is championing employee inclusivity & engagement

In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...

Trident’s Asmita leaves blossom into inclusive workplaces

Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...

Harness.io: Cultivating a talent powerhouse in the tech crucible

The tech scene, be it in India or San Francisco, is equally crucible, fiercely competitive and unforgiving. In both the landscapes, attracting and retaining...
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Engagement is outdated: The future of success lies in ‘employee involvement’

In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...

H-1B visa holders can fight visa-denial case if employers commit fraud

If Indian H-1B visa holders find that their visa is about to be revoked just because their employer has been found to have indulged...

Latest

Koo stops paying staff amid financial woes

Koo, an Indian microblogging platform, has halted salary payments for all its employees starting April 2024 due to financial constraints. The decision was reportedly...

How Poonawalla Fincorp fosters a culture of employee centricity

Poonawalla Fincorp stands out for its unorthodox approach. Here, success isn’t solely measured by the bottom line; it’s about cultivating a symbiotic relationship where...

Uncertainty continues for Byju’s staff; next NCLT hearing on 6 June

With the National Company Law Tribunal fixing the next hearing of the Byju’s case on 6 June, the employees continue to be uncertain of...

Re-evaluate climate-change legislations, create new ones to protect workers: ILO report

Why does the International Labour Organisation feel that it is time to come up with climate-change specific policies and even create new policies to...

DIALOGUE

Data analytics and not technology will redefine HR

Q. How satisfying has been your professional journey of 39 years? A. It has been a bagful of mixed experiences. At times I have been...

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....
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