Tag: Pay Cut

Vistara withdraws pay cut for some, continues for senior execs

Vistara, the Tata Sons and Singapore Airlines joint venture airline, has rolled back the pay cut imposed in 2020 for certain levels of employees....

Compensation restructuring, reduced salaries for remote workers

The pandemic has forced most companies to adopt remote working or the work-from-home (WFH) model for their employees. Many organisations have even adopted it...

Uttarakhand MLAs to face 30% pay cut

The Uttarakhand Assembly has passed the Bill to cut the salaries as well as the constituency and secretarial allowances of all the MLAs by...

Employees get option to relocate to smaller cities with pay cut

American financial services and SaaS company, Stripe is doling out $20,000 to its employees if they opt to relocate from Seattle, New York, San...

Singapore Airlines pilots prefer 60% pay cut to job loss

Pilots of Singapore Airlines are willing to take further pay cuts to remain employed. On September 18, an agreement was reached between Singapore Airlines...

NE-based Star Cement promises to bear COVID-related expenses of staff

Star Cement, major player in the cement manufacturing business in the North East, has adopted simple yet efficient measures, to ensure that its employees...

50% salary cut for Trujet staff

Hyderabad-based airline, Trujet, has decided to cut 50 per cent of its employees’ salaries. The decision has been conveyed to the employees via an...

Some TSRTC staff receive less than Rs 1000 after pay cut

The staff of the Telangana State Road Transport Corporation (TSRTC) are hugely disappointed by the heavy pay cuts imposed on them. Apparently, many have...

Up to 20% pay cut for Vistara staff till December

Vistara, the Indian full-service airline will impose a pay cut of five to 20 per cent from July 1 to December 31, 2020, for...

Maha govt staff to lose pay if they are absent from...

Following opening of all government offices in Maharashtra, with 10 or 10 per cent staff, whichever is more, all government staff have been told...

GVK Group slashes up to 30% salaries w.e.f May

GVK Group has slashed up to 30 per cent salaries of over 1800 employees across verticals. The Indian conglomerate dealing in energy, resources, airports,...

Pay, increments, compensation revisions deferred for Amara Raja Group staff

Amara Raja Group has announced that the salaries of the junior- and senior-management levels of its workforce will be deferred due to the economic...

First ever salary cut for Tata Group top management

N Chandrasekaran, chairman, Tata Sons, as well as the CEOs of the Tata Group’s companies will be taking a 20 per cent pay cut...

Hexaware fires 800, faces legal notice

Mumba-headquartered information technology (IT) firm, Hexaware Technologies, has laid off about 200 and 600 members of its staff at its Pune and Mumbai offices,...

Zomato to cut 520 jobs, 50% pay

Zomato, the online food-delivery startup and food aggregator has decided to lay off 13 per cent of its workforce, that is close to 520...

Labour Commissioner’s office issues notice to Tech Mahindra for reducing salaries

Following complaints from several employees, the National Information Technology Employees Senate (NITES) filed a formal complaint with the Labour Commissioner, alleging that Tech Mahindra...

50% salary cut for RIL staff, chairman to forego entire salary

Employees of Reliance Industries (RIL) will be taking pay cuts, just as so many other firms across the country that have adopted cost-cutting measures...

ATG leadership takes pay cut; revises variable pay plan

To keep pace with the state of the economy in the current times, the leadership at Alliance Tire Group (ATG), subsidiary of the Yokohama...

Govt’s salary-cut order in Kerala stayed by HC

The state government of Kerala had issued an order for six days’ salary of government employees to be deducted, for five months, to help...

AP govt staff to face salary cut in April too

After witnessing salary deduction in March, the staff of the Andhra Pradesh government will be facing a salary cut in April too. The earlier order...

One month salary to be deducted for Kerala govt. employees

The Kerala government has decided to go ahead with a one-month deduction of salary for the government employees, as part of its efforts to...

Capgemini revises leave policy, caps all leaves till June end

Information technology (IT) and consulting company, Capgemini, has asked its employees to not take a single day off till the end of June. Those...

Salary of GoAir staff deferred

Having laid off its expat pilots recently and imposed pay cuts following the dip in business in the aviation sector due to the pandemic-like...

Pay cut for GoAir staff in March

With the COVID-19 pandemic affecting earnings of airlines the world over, GoAir announced that its staff will be taking pay cuts this month. Last...

IndiGo to impose up to 25% salary cuts from April 1

India’s budget carrier, IndiGo, has instituted pay cuts up to 25 per cent for all employees, starting from April 1, 2020. All employees will...

Grey offers four days a week for 15 per cent pay...

The agency has come up with this offer because employees demanded it.

How personalised learning can transform capability development in 2021

According to the World Economic Forum, there is a fierce urgency for reskilling in the world, as over one billion jobs have been transformed...

Dilemmas and decision making – How coaching can help leaders at...

Leaders, especially, talented and competent ones, are critical for organisations. They perform well under pressure and willingly step up when required to shoulder a...

Latest

67% respondents anticipate significant change in role of CFOs

Now that businesses across sectors have realised that ‘normalcy’ remains far-fetched, they are focussing on ways to stay relevant. This is the time when...

OLA expands ESOP pool ahead of IPO

Mobility platform, OLA, is expanding its employee stock options (ESOP) pool to Rs 3000 crores. The Company is also allocating an additional Rs 400...

Asha Subramanian is the new CHRO, Subex

Asha Subramanian, former HR director, IBIBO Group, has been appointed CHRO, Subex. An alumna of Bangalore University, Subramanian started her career as lead - human...

Times Network restructures its leadership team; announces key elevations and new appointments

Times Network, India’s premium broadcast network today announced key appointments and elevations in its Leadership team. Rising against the adversities and complexities of the...

DIALOGUE

“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...

Binding multi-faceted employees with Titan Values

Titan has different sets of employees for different functions and verticals, ranging from the shopfloor to the retail stores. How do you bring in...

The right people policy for startups – Madan Nagaldinne

You happen to have worked mostly with large organisations. How different is it working for a startup now? When you have worked for big...