Tag: Compensation
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,...
CEO of Microsoft gets 66% salary increment
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...
Over 60 Infosys executives draw salary over Rs 1 crore
The number of Infosys executives who earn a salary of over Rs 1 crore has more than doubled in the past one year. In...
Tesla settles with former contract worker for $13million
Teodara Tapia, a former contractor at Tesla, had become permanently disabled on being hit by a Model S sedan, while on duty. Tesla has...
Ex-employee demands $900,000 as compensation
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...
Everyone loves the recruiter’s call
91 per cent of Indian professionals are interested in learning about job openings, and 46 per cent ‘feel flattered’ when they hear from recruiters.
Paying more to an unknown angel
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!
Hay Group predicts an average of 11.3 per cent hike in...
The consultancy reports that the average salary hike will go up in 2015, with FMCG and chemicals leading the way…