Tag: Pay Cut

‘Pay cut, loss of leave for latecomers’: Kerala government

The Government of Kerala is all set to link SPARK, short for Service and Payroll Administrative Repository for Kerala, to the biometric punching attendance...

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...

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.

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,”...

Latest

10,000+ additional vacancies announced by Telangana government

Over 10,000 vacancies will be filled across government departments in Telangana, as per the Government of Telangana’s latest directives. These vacancies are in addition to...

DCW orders Indian Bank to withdraw pregnant women rule

After receiving much flak for its new hiring guidelines that called pregnant women ‘medically unfit’ for recruitment, Indian Bank has now received a notice...

Government staff must buy cheapest travel ticket to avail LTC

Central government employees will have to follow new rules to avail leave travel concession or LTC, as per the 7th Pay Commission. The Ministry of...

HGS to set up delivery centre in Mysuru, hire 400

By October 2022, Hinduja Global Solutions will be hiring 400 employees locally, for its new delivery centre at Mysuru, Karnataka. Company that provides solutions...

DIALOGUE

“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...

“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...