Tag: Hike

Tata Sons companies to announce hikes, restore salaries

The top executives of the Tata Group companies had all taken a 20 per cent pay cut in 2020, following the pandemic-induced economic slump....

Second salary hike for TCS employees

Less than six months after announcing increments in October 2020, Tata Consultancy Services has yet again announced hikes for its employees. The increments will...

Why is retention a big deal post the 2020 layoff drive?

According to a survey by Willis Towers Watson, Indians are likely to get 6.4 per cent average salary increment in 2021. Even though this...

Vistara staff to face pay cuts till March

Vistara will continue to go forward with pay cuts for its staff until March, while the three-day leave without pay for its pilots will...

Pay hikes for employees of Metropolis Healthcare

Employees of diagnostic company, Metropolis Healthcare, have received their annual increments for the year 2020. The Company has also recruited more than 200 new...

80% Wipro staff to be promoted by December

Wipro is gearing to give promotions to 80 per cent of its workforce over the next three months, as part of its ‘employee interventions’....

Salary hikes for employees of Quick Heal Technologies w.e.f October 2020

While most companies were imposing pay cuts and adopting cot-cutting measures during the pandemic, Quick Heal Technologies gave performance-linked incentives to its employees in...

Axis Bank to give 4 to 12% salary hike

Amidst the ongoing pandemic, when most companies are laying off staff or imposing pay cuts, Axis Bank has gone ahead and announced salary hikes....

Hike hires Suvesh Malhotra as VP & Head of Engineering

Hike, India’s homegrown internet startup, announced the hiring of Suvesh Malhotra as its VP & Head of Engineering, today. The announcement is in line...

15% hike for bank staff, performance-linked incentive for PSB staff

With the conclusion of the two-year long negotiations between bank unions and the Indian Banks’ Association, an annual increment of 15 per cent in...

5% to 12% hike plus performance bonus for ReNew Power staff

While most companies are considering pay cuts and layoffs to stay afloat amidst the lockdown, ReNew Power has announced up to 12 per cent...

Increase in dearness hike to benefit 4 lakh central govt. employees

The Indian government has approved the hike in dearness allowance for central- government employees from existing 17 per cent to 21 per cent. The...

Good news for Central-Government employees

Employees of the Central Government may receive some good news this year in the upcoming budget. Their minimum wages under the 7th Central Pay...

GrantTree employees fix salaries and increments on their own

GrantTree, a London-based organisation that helps businesses acquire government funding, follows a unique system of allowing its employees fix their own salaries. In other...

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...

Genpact hikes minimum wages for content moderators

Content reviewers employed by Facebook have been complaining about their taxing and stressful work, which involves sifting through all kinds of posts, often harmful...

Tamil Nadu government employees to be eligible for double festival advance

As per the 7th Pay Commission, the Tamil Nadu government has doubled the festival advance given to government employees, teachers and other non-teaching staff...

Wipro CEO’s salary rises 41% in 2018-19

Abidali Z Neemuchwala, chief executive officer (CEO), Wipro, has witnessed a 41 per cent increase in salary, with the Company reporting a 37.74 per...

Cognizant will hike remuneration of entry-level engineers in India

American multinational IT services provider, Cognizant, is expected to hike the pay packages of its entry-level engineers in India by about 18 per cent....

Hike expected soon for central govt employees

Hopes have risen amongst the employees of the Central Government for the much-awaited hike in minimum pay. Lakhs of employees have been holding protests...

National Pension Scheme revamped, Government contribution increased by 4%

The Central Government announced a hike for its employees, who have been in service since January, 2004, under the National Pension Scheme (NPS). The...

Arunachal Pradesh Government announces hike in DA and DR

Arunachal Pradesh is the latest state to announce 7th Pay Commission benefits. Lakhs of government employees in the State will enjoy an increase in...

Central-Government employees look forward to pay hike before the elections

The Central-Government employees are optimistic about receiving the over and above 7th Central Pay Commission (CPC) pay hike before the elections. There are 48.31...

Hike to lay off 25% of its workforce

The instant messaging service had acquired two startups last year.

Prashant Bhatnagar joins Credit Suisse as director-HR

In his new role, Bhatnagar will be responsible for attracting and enabling talent to help the organisation realise its strategy.

Why a coaching culture and not any other culture?

“Would you tell me, please, which way I ought to go from here?” “That depends a good deal on where you want to get to,”...

Is SoftBank laying off 30% of Vision Fund team?

The investment division of SoftBank, the Vision Fund, is reportedly being downsized. About 150 people from the 500-strong team may lose their jobs reported...

Latest

A peep into the leisure life of an HR leader

‘Life beyond Work’ in three words - Helping others - Being with family - Spirituality Passion beyond work I belong to a family that was uprooted during the Kashmir...

A resume printed on a cake?

A job applicant in the US has taken innovation to another level by sending an edible resume to a prospective employer. Karly Pavlinac Blackburn,...

Infosys launches digital centre, to create 1,000 jobs in Calgary

Over the next two years, Infosys plans to create 1,000 jobs in Calgary, Canada. This is double the number the Company had originally promised....

Employees seek authentic managers: Report

Microsoft’s Work Trend Index Pulse Report says that 82 per cent employees are more inclined to attend one-on-ones at work if their managers are...

DIALOGUE

“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....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...

“A CEO needs to acknowledge the silent majority who create the company’s fortunes” S...

Q. RPG is a diversified group with businesses spread across sectors and domains. however, its brands have a strong individual identity unlike other business...