Tag: Increment
Will TCS staff enjoy 7%-8% increment this year?
Tata Consultancy Services is likely to grant an increment of seven to eight per cent to its offsite employees, while the onsite staff can...
4% hike in DA for West Bengal govt staff
West Bengal Chief Minister Mamata Banerjee has announced that all 14 lakh employees of the West Bengal government will receive a four per cent...
Infosys revises employee salaries, grants less than 10% pay hike
A significant number of employees at Infosys will see their salaries being hiked with effect from 1 November 2023. However, the increment is expected...
Will bank staff in India enjoy 5-day workweek, pay hike?
Bank employees in India may soon be working for just five days a week. While the Indian Banking Association (IBA) has already given its...
16 lakh Tamil Nadu government staff to get 4% DA hike
A four per cent hike in dearness allowance (DA) has been announced by the Tamil Nadu government for its employees, teachers and pensioners. The...
Railway Board revises DA to 46% of basic salary
The Railway Board has hiked the dearness allowance for its employees from 42 t to 46 per cent of the basic salary, effective 1...
Hardly any increment for LTIMindtree staff
LTIMindtree, a subsidiary of Larsen & Toubro has given hardly any increment to its employees, and that too after months of delay. While some...
Why are Amazon employees resigning?
In the second week of August 2023, Amazon employees in the US received a mail asking them to work from the office three days...
MoHRE can help UAE employees who don’t get promised pay hike
Quite often, employers who, at the time of appointing a candidate, promise an increment after a specific duration of service, fail to grant that...
76% employees may switch jobs basis current appraisal
While 20 per cent of employees received promotions, they saw no appraisals. About 49 per cent were given incentives in the form of bonuses...
FedEx pilots reject 30% pay hike, tentative deal
Pilots of parcel-delivery firm, FedEx, have not accepted the tentative contract deal offered by the company. The tentative deal offered a 30 per cent...
78% workers in India got a pay hike in the last...
With employers the world over trying to cut costs and focus on profitability and sustainability, workers everywhere are uncertain about their future. With inflation...
40% pay hike for Akasa Air pilots w.e.f July 2023
Come July and pilots of Akasa Air will see their salary rising by up to 40 per cent. Starting next month, the senior first...
Emirates Airlines Group raises salaries and allowances of its employees
Here is an airline that is giving its employees a pay raise to combat the rising inflation and cost of living. Emirates Airline Group...
Former TCS CEO remuneration surges over 13% in FY 22-23, while...
In the fiscal year 2022-23, Rajesh Gopinathan, the former CEO and MD of Tata Consultancy Services (TCS), saw a significant increase in his remuneration....
Employee accuses IBM of ‘disability discrimination’
An employee of IBM, working as an IT specialist, has been on sick leave since 2008. As per the health plan offered by the...
Will DA be hiked by 3-4% this July?
The dearness allowance (DA) was increased by four per cent in March 2023, by the Central government. This hike came into effect from 1...
30% pay hike for staff of Guwahati Municipal Corporation: Mayor
All regular and contractual staff members of the Guwahati Municipal Corporation (GMC) will enjoy a 30 per cent increment in their salaries. The same...
44% workers feel they are underpaid
About 44 per cent workers believe they are underpaid for their job, as per a global survey. Among the over 32,000 workers surveyed across...
Will DA, fitment factor be revised for Central government staff?
Will the dearness allowance of Central government employees be hiked to 42 per cent from the present 38 per cent? Media reports suggest that...
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...
Strike call by government staff in Karnataka & West Bengal
Government employees in Karnataka are disappointed that the state government has not set aside adequate funds for a pay hike. The employees were hoping...
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...
Will Vistara give 8% pay hike to pilots?
Come April 2023, and Vistara pilots and cabin crew will enjoy an eight per cent increment in pay. The hike will be added to...
Yearly increments restored for 4,500 IndiGo pilots
After incurring losses for about three quarters, IndiGo has finally made a profit. As a result, the airline has restored the yearly increments for...
Will DA increase to 42% for Central government staff?
The employees of the Central government may receive increased dearness allowance soon. It is reported that the Centre is deliberating hiking the DA by...