Tag: Compensation

Despite the impact on costs and margins, Infosys is planning to give increments to its employees in the hope of bringing down attrition rate. In...

On 8 July 2022, Indian multinational company, Tata Consultancy Services revealed that its employees have been given increments between five to eight per cent,...

About 2000 protesting workers, of Ford's Chennai plant, who were eagerly awaiting the announcement regarding their severance package, were disappointed with what was offered...

Chipotle reportedly received over 23,000 job applications via Discord, the online chat platform, in response to its announcement of hike in hourly wages. Chipotle...

Borosil and Borosil Renewables have gone out of their way to announce an extraordinary compensation for the families of those employees who lose their...

More than one lakh employees of Life Insurance Corporation of India (LIC) will receive 16 per cent hike in wages, as approved by the...

Employees of KPMG want to be compensated for the 20 per cent pay cuts that were imposed on them in April, without any reduction...

The Employees' Provident Fund Organisation (EPFO), has been striving to ensure timely and effective delivery of service to its subscribers. Even during the lockdown,...

American multinational information technology giant, Cognizant, will be paying $5.7 million to compensate its former employees who had alleged that they had been underpaid...

Amara Raja Group has announced that the salaries of the junior- and senior-management levels of its workforce will be deferred due to the economic...

During any economic downturn, it is natural for hiring processes to slow down as well. However, that doesn’t mean that hiring freezes totally. Hiring...

Multi Commodity Exchange of India (MCX) has decided to offer three times more salary to about 50 of its employees who are working from...

The ban on asking candidates their salary history has been a hot topic for quite some time now. Already 18 states in the US...

Accredited Social Health Activist (ASHA) workers have been protesting against the Government since last year, demanding better compensation and benefits. Not only are they...

Employees have been assured that their dues will be paid in full.   While the Civil Aviation Minister Hardeep Singh Puri has assured the employees of...

The employees of the Telangana Waqf Board, which takes care of the Waqf properties, have not been paid their December salaries. Waqf is a...

Another one of the many things doing popular rounds in the industry is the idea of full pay transparency. It means that everyone inside...

Government has given a clarification on the major confusion in the salary increment process of the central government employees. Minister of State for Finance, Anurag...

Contrary to popular stereotypes, the human resources department in an organisation is burdened with responsibilities and work. Since the entire function revolves around people,...

CEO of Microsoft, Satya Nadella, has got a 66 per cent hike in total compensation, that is, a total salary of $42.9 million in...

The number of Infosys executives who earn a salary of over Rs 1 crore has more than doubled in the past one year. In...

Teodara Tapia, a former contractor at Tesla, had become permanently disabled on being hit by a Model S sedan, while on duty. Tesla has...

Kraken, the US-based cryptocurrency exchange, is facing a lawsuit wherein a former trading desk manager has accused the Company of not paying the 10...

91 per cent of Indian professionals are interested in learning about job openings, and 46 per cent ‘feel flattered’ when they hear from recruiters.

Ironically, the less we know about potential hires and their propensity to contribute to an enterprise, there is a greater probability of them being incentivised in terms of rewards, remuneration and compensation!

The consultancy reports that the average salary hike will go up in 2015, with FMCG and chemicals leading the way…