Tag: increments

HCL hikes salaries at entry level

HCL Technologies, the Indian IT multinational, has increased the salary packages that it is offering to freshers. While earlier freshers were paid Rs 3.5...

DXC aims for transparency, regularisation of hikes, more hiring

DXC Technology, the American IT services company, will focus on regularising increments and will also expand its India team further in 2021. The focus is...

After Wipro, Infosys also announces second round of increments

Infosys is set to give wage increments with effect from July 2021. This is the second round of hikes being offered by the Company...

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...

Salary hikes for staff in auto sector, business improving

In terms of SUV sales, the Hyundai Motor Group ranked number one in 2020, followed by Kia. Little surprise then that the former gave...

Indian seafarers to get 40% increment

There has been a wage revision for Indian seafarers this year, after a pact between the National Shipowner's Association (INSA) and seafarers’ bodies —...

Salary hikes and promotions for employees in automobile sector

Thanks to the surge in sale of four wheelers during the festive season, some automobile-manufacturing companies feel they have recovered from the economic slump...

BankBazaar to expand workforce, roll out increments

Employees across all levels at BankBazaar.com will receive hikes and promotions, w.e.f January 1, 2021. The fintech company is confident of growth in the...

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...

2.8 lakh Cognizant employees to get hike

Cognizant has revealed plans to provide merit-based increments to employees, as its revenues have exceeded expectations in the third quarter. The bonuses will, therefore,...

Hikes for employees of Mindtree, hiring to continue

Mindtree, the Indian multinational IT company, will give salary increments, as per industry standards, to its employees, with effect from January. The second quarter...

Infosys bags big deals; gives increments, promotions, special bonus to staff

Infosys has given its employees many reasons to celebrate ahead of the festive season. It is not only giving them promotions, but increments and...

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’....

How ManipalCigna is engaging its workforce

While employee engagement seems to be the favourite topic of discussion in the HR space today, there is no single mantra to ensure that...

Niyo staff get salary hikes, bonuses, ESOPs amidst pandemic

Niyo, the Indian digital banking fintech has offered its employees 10 to 12 per cent salary increments, along with bonuses and employee stock ownership...

DCM Shriram defers increments, no plans to layoff or deduct salaries...

Due to the impact of the pandemic in the manufacturing sector, majors such as DCM Shriram have gone ahead and held back increments, which...

Capgemini staff in India to get increments, promotions

There is good news for the employees of Capgemini in India. The French multinational company has announced promotions and salary increments for all its...

Future Generali gives out increments to all employees

Amidst the growing economic pressure brought about by the pandemic, the employees of Future Generali India Insurance Company (FGII) have reason to celebrate. The...

Sahara employees get increments, promotions

While most businesses are imposing pay cuts and even laying off employees to stay afloat amidst the economic slump caused by the COVID-19 pandemic,...

Uttarakhand govt cuts costs, cancels increments and promotions  

As part of cost-cutting measures, the Uttarakhand government has slashed increments of its staff for the ongoing fiscal year and frozen all fresh recruitments for the...

TCS defers increments, will not reduce jobs

Tata Consultancy services (TCS) is expecting the second quarter of FY21 to be strongly impacted by the pandemic and the lockdown. However, Rajesh Gopinathan,...

No layoffs at DLF, staff to get increments up to L3...

Indian real-estate company, DLF, has assured that no employees will be laid off in the organisation. In fact, the Company plans to give the...

Amazon to hire 100,000 more and offer increments

Amazon is planning to expand its warehouse and delivery workforce in the US by 100,000. The American multinational technology company that focuses on e-commerce,...

Wipro to promote 5000 employees by December

Wipro has not only been giving good salary increments to people possessing digital skills, but has also revealed plans to promote about 5000 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...

Average salary increase in Indian IT services companies expected to fall

In the last few years, the average salary hike in IT services companies, that majorly depend on outsourced work, has been four to six...

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,”...

Poland gets new LTTS R&D centre, local engineering talent to be...

Larsen & Toubro Technology Services (LTTS), the global engineering services company, has launched its new engineering, research and development (ER&D) centre in Krakow, Poland....

Latest

“Reskilling & upskilling will help employees navigate the new normal,” Tanvi Choksi

A big change in 2022 The COVID-19 pandemic has had lasting implications on the future of work. The way most organisations used to operate has...

HR was underappreciated, but not anymore!

About four decades ago, during the manufacturing era, human resources as a function was more about industrial relations or IR. In those days, very...

Will startups slow down hiring this year?

The startup ecosystem in India is in a turbulent state. As experts say, the hiring intent of the company is a direct reflection of...

For the first time ever, Saudi airline operated by all-women crew

Flyadeal, a budget subsidiary of flag carrier Saudia, has become the first ever airline in the history of Saudi Arabian aviation to fly with...

DIALOGUE

“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...

“If CEO is the father of an organisation, CHRO is the mother,” Pankaj Lochan

Q. You have been shuttling between HR and manufacturing roles. Was it a well-thought out strategy or did you just go with the flow...