Tag: Increment

IndiGo CEO admits salary raise remains a delicate & difficult issue

While IndiGo’s pilots have been expressing their discontentment at the low-cost carrier’s failure to restore their salaries, Ronojoy Dutta, CEO, IndiGo admits that the...

Strikes across India by disgruntled workers from different sectors

Amidst the raging pandemic, there seems to be no dearth of disgruntled workers calling strikes to get their demands fulfilled across India, from various...

Corporates handed out 8% hike in 2021, more to come in...

The second phase of the Deloitte’s Workforce and Increment Trends survey 2021 reveals that corporates in India are expecting to hike the salary of...

Reliance to offer up to 12% increment

The employees of Reliance Industries, who did not get any increments last year, can look forward to a pay hike of 10 to 12...

Second increment for Wipro employees

Wipro will be giving merit salary increments (MSI) to all eligible staff up to assistant manager level and below, that is, Band 3 and...

Punjab government promises 15% hike to over 2 lakh employees

The Government of Punjab will give a 15 per cent increment to its employees, with effect from July 2021. This means, allowances will actually...

Wipro to roll out bonuses, hikes, hire more

After posting excellent Q4 results, the best in ten years, employees at Wipro can look forward to receiving skill-based bonuses for domains, such as...

Infosys staff to get next increment in July 2021

Infosys will hire more than 25,000 freshers for FY22, of which about 24,000 will be from India. The focus, of course, will be the...

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...

53% Indian cos to hire more, 60% to give increments: Report

While the pandemic led to a dip in hiring activities by 18 per cent in 2020, across India, things seem to be looking up...

9,00,000+ Telangana govt employees to get salary hike

All government employees of Telangana will receive increments and will also have their age of superannuation raised, as per an announcement made by the...

15% increment for bank staff

Employees of 35 banks, including public-sector banks, certain foreign banks as well as a few very old private banks, will receive a 15 per...

TCS announces salary hike, share buyback

Tata Consultancy Services (TCS) is offering an increment to its employees with effect from October 1, in appreciation of their “resilience” during the pandemic....

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....

Increments, salary hikes only for specialised profiles: Report

According to the ‘Jobs & Salaries Primer Report 2020’, published by TeamLease, the pandemic has not only altered the hiring scenario but also disrupted...

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...

Junior doctors, interns get pay hike in West Bengal

With an aim to motivate the junior doctors, interns and house staff at West Bengal’s state-run hospitals, the state government announced an increment in...

Employees of public banks question the need to report for work...

Employees of public banks seem unhappy with the current arrangement, where they are required to go to office even during the lockdown period. Not...

Indefinite strike by HAL staff seeking fair increments

Employees of Hindustan Aeronautics Limited (HAL) are preparing to go on an indefinite strike starting 14 October, 2019. They are seeking fair salary revision....

Gravity Payments’ employees receive unbelievably high raise

Employees at Gravity Payments, the credit card processing company in Idaho, experienced an unexpected windfall recently. Their CEO decided to give each one of...

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...

IT professionals in India’s Silicon Valley not hopeful of hikes in...

According to a survey by Shine.com, employees from the information technology (IT) sector in Bengaluru have very low expectations in terms of salary hikes...

IT sector top talent to get up to 20% salary increment...

It will be a good year in terms of increments for professionals in the information technology (IT) sector. The average salary increment across 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...

Aon predicts an average pay increase of 9.4%

The average salary increment for top performers will be 15.4 per cent.

48% HR in the US most worried about updating skills as...

Did you know that the biggest challenge for HR professionals in terms of hiring and retaining talent, across companies in the US, is training...

Latest

Economic challenges & reduced spending leads to more layoffs

PayPal revealed that it is cutting 2,000 full-time positions globally, which makes up about 7% of its workforce. The digital payments company has said...

Simpl introduces industry-first leave policies to promote better work-life balance 

Setting a new standard for the industry, Simpl has announced new leave policies and also made some key changes in the previous ones for...
Gratuity to be paid on termination of employment only after 5 years of service

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...

Has Apple violated US Labour Laws?

A US labour agency’s investigations have revealed that the workplace policies at Apple do not encourage employees to discuss their working conditions. The National Labour...

DIALOGUE

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“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...