Tag: Compensation
Dependants of deceased independent contractor not entitled to compensation
As per the Employees Compensation Act, an individual contractor cannot be considered an employee, and therefore, on his/ her death, the dependants cannot claim...
Former Qantas Airways CEO took 872% pay hike
Before retiring, Alan Joyce, ex CEO, Qantas Airways, claimed incentives that he said had been long pending, which amounted to a whopping total of...
Hollywood writers’ strike halts ‘Stranger Things’, ‘Severance’, ‘Blade’
Last week, the Writers Guild of America (WGA) members abandoned their writing tools and went to the protest lines stating their pay doesn’t reflect...
Strikes & protests across the globe by unhappy workers
In Assam, India, the Assam Petroleum Mazdoor Union (APMU) has announced an indefinite strike starting 4 March 2023.
The LPG transport workers, who drive LPG...
Credit Suisse reveals data theft by former employee
After a long and thorough internal investigation, Credit Suisse, the Swiss bank, has finally identified the former employee who managed to copy the personal...
Rs 6 crore joining bonus for Cognizant’s new CEO
Ravi Kumar S, the new CEO of Cognizant, will be paid Rs 6 crore as sign-on bonus, which will be a part of his...
Employees in Kerala allege Byju’s made them resign forcefully
On 25 October, 2022, a group of employees from the Thiruvananthapuram branch of Byju’s in Kerala met V Sivankutty, labour minister of Kerala with...
Salary revisions, increase in hiring targets at Infosys
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...
TCS grants increments of 5 to 8% to staff, speeds up...
On 8 July 2022, Indian multinational company, Tata Consultancy Services revealed that its employees have been given increments between five to eight per cent,...
Ford India workers unhappy with severance package, demand higher compensation
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 uses online chat platform for job fair, attracts 23K+ applications
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 announces huge compensation for families of staff who died of...
Borosil and Borosil Renewables have gone out of their way to announce an extraordinary compensation for the families of those employees who lose their...
Centre approves 16% hike for LIC staff
More than one lakh employees of Life Insurance Corporation of India (LIC) will receive 16 per cent hike in wages, as approved by the...
KPMG employees seek compensation for loss of pay
Employees of KPMG want to be compensated for the 20 per cent pay cuts that were imposed on them in April, without any reduction...
EPFO goes for automation, settles 36.02 lakh claims during lockdown
The Employees' Provident Fund Organisation (EPFO), has been striving to ensure timely and effective delivery of service to its subscribers. Even during the lockdown,...
$5.7 million overtime compensation for ex-Cognizant staff
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...
Pay, increments, compensation revisions deferred for Amara Raja Group staff
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...
How companies can lure critical talent during economic slump
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...
MCX to pay more to staff working from office amid pandemic
Multi Commodity Exchange of India (MCX) has decided to offer three times more salary to about 50 of its employees who are working from...
Salary history ban: Do we need it?
The ban on asking candidates their salary history has been a hot topic for quite some time now. Already 18 states in the US...
Centre has no plans to fulfill ASHA workers’ demands
Accredited Social Health Activist (ASHA) workers have been protesting against the Government since last year, demanding better compensation and benefits. Not only are they...
Internal committee at Air India to sort out employees’ issues
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...
December salaries not paid to Telangana Waqf Board employees
The employees of the Telangana Waqf Board, which takes care of the Waqf properties, have not been paid their December salaries. Waqf is a...
Pay transparency: Are we mature enough?
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 clears confusion on salary increment process under 7th Pay Commission
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...
How HR deals with common employee grievances
Contrary to popular stereotypes, the human resources department in an organisation is burdened with responsibilities and work. Since the entire function revolves around people,...