Tag: increments
TCS to give salary hikes of 4.5% to 7%
Tata Consultancy Service (TCS) intends to give salary increments of 4.5 to seven per cent, on the basis of each individual’s performance. The extremely...
Indian tech, media, gaming, retail sectors to see 10% pay hike?
Come 2024, and the technology, financial services, media and gaming, and retail sectors in India may see the highest increments. A report by Willis...
Auto workers in the US to strike over inadequate pay hike
About 1.46 lakh auto workers in the US are set to participate in a series of strikes. They are unhappy with the pay hikes...
HCL Tech to withhold salary increments for senior employees in 2023
HCL Technologies has decided to withhold salary increments for senior employees this year due to a weak first quarter, according to Prateek Aggarwal, chief...
At least 7% hike, 100% bonus for Airtel, Vodafone Idea staff
If media reports are to be believed, employees at Airtel and Vodafone Idea (VIL) have been granted pay hikes in the range of seven...
Wipro employees will get increments based only on upskilling & reskilling
In future, employees’ increments at Wipro will be based on upskilling and reskilling. The company will no longer hire people with a 30 per...
Britain witnesses rail strikes over inadequate pay, work conditions
In Britain, members of the National Union of Rail, Maritime and Transport Workers (RMT) are prepping for a strike yet again on 2 June...
No hikes for Microsoft’s full-time staff this year?
With an aim to invest in long-term opportunity, Microsoft is trying to align its spending with revenue and customer demand. As part of this...
Top performers of Infosys get 20-25% increment
A significant number of employees at Infosys received an increment of 10 to 13 per cent, while the top performers received an increment of...
IndiGo pilots’ salaries will be restored to pre-COVID levels in 3...
The pilots at IndiGo can now look forward to their salaries — which were cut by up to 40 per cent for some, to...
Salary revisions, increase in hiring targets at Infosys
Despite the impact on costs and margins, Infosys is planning to give increments to its employees in the hope of bringing down attrition rate.
In...
Wipro announces 10% increment, to grant promotions every quarter
In an attempt to control attrition, Wipro, the Indian multinational software company has announced that most of its employees will receive a 10 per...
After cabin crew, now IndiGo technicians go on mass leave
Close on the heels of the cabin crew going on mass leave to attend interviews at rival airlines, now the technicians at Indigo, in...
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 this energy company is championing employee inclusivity & engagement
In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...
Trident’s Asmita leaves blossom into inclusive workplaces
Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
Harness.io: Cultivating a talent powerhouse in the tech crucible
The tech scene, be it in India or San Francisco, is equally crucible, fiercely competitive and unforgiving. In both the landscapes, attracting and retaining...
Engagement is outdated: The future of success lies in ‘employee involvement’
In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Revolut to expand global team by 40% in 2024
Revolut, the UK-based challenger bank, has announced plans to bolster its workforce by 40 per cent in 2024. The aim is to reach approximately...
Latest
Finland seeks Indian talent to drive innovation and growth
In a bid to bolster its tech landscape and foster innovation, Finland is actively recruiting talented individuals from India. With its reputation as the...
Why are so many H-1B workers in the US switching jobs?
A recent study has revealed that more and more H-1B visa holders in the US are switching jobs. In fact, there was a record...
Uncertainty continues for Byju’s staff; next NCLT hearing on 6 June
With the National Company Law Tribunal fixing the next hearing of the Byju’s case on 6 June, the employees continue to be uncertain of...
The ethics of employee monitoring
Case - XYZ manufacturing company recently implemented a comprehensive employee monitoring system to increase productivity and ensure data security. However, the move sparked concerns...
DIALOGUE
Data analytics and not technology will redefine HR
Q. How satisfying has been your professional journey of 39 years?
A. It has been a bagful of mixed experiences. At times I have been...
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....
