Tag: increments

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 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,...

Meta’s middle managers are now on notice

Having sacked over 11,000 employees in a layoff news that created waves, Meta is now looking to axe middle-management roles. The tech giant has already...

Latest

SAP, Hasbro, Sirion Labs, Tier lay off employees

SAP SAP announced on Thursday that it will be cutting 2.5 per cent of its worldwide workforce. The decision has been taken as a step...

Employees posted to difficult regions are entitled to additional HRA: Manipur HC

The Manipur High Court recently stated that a central government employee is eligible for extra HRA if they keep their family at their previous...

Air India deducts salary of employees for not vacating staff quarters

Air India began deducting the pay of employees who have not left their company-provided housing in Vasant Vihar, Delhi and the Air India Colony...

Uber Freight to sack 3% of its workforce

Uber Freight announced on Tuesday that it will be cutting around 150 jobs, which is roughly 3 per cent of its total workforce. As...

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...