Kentaro Okuda, CEO, Nomura and also president of the company’s domestic securities business, has publicly apologised for the misconduct of…
Browsing: Pay Cut
Ministry of Labour (MoL), Oman has drawn up a list of new rules pertaining to the handling of complaints and…
Pawan Munjal, chairman, Hero MotoCorp was paid a total remuneration of Rs 99.55 crore in the fiscal year 2023. This…
The CEO of Infosys, Salil Parekh, earned a reduced salary in financial year 2022-23. He earned only Rs 56.55 compared…
Rishad Premji, chairman, Wipro, one of the leading IT companies, has made a significant decision to voluntarily slash his remuneration…
The mass layoffs at Meta have disturbed the workforce with members expressing their disappointment at these drastic cost-cutting measures. Some…
Jane Fraser, CEO, Citigroup, will enjoy a pay hike while most other executives across various financial institutions in the US…
Google CEO Sundar Pichai has hinted at a major pay cut for senior executives following the recent termination of 12,000…
There is good news for employees of Air India at last. Starting September, they will start getting the same salaries…
The pilots at IndiGo can now look forward to their salaries — which were cut by up to 40 per…
The government employees of Chattisgarh have been on a strike since 25 July 2022. They have been protesting against the…
The district magistrate of Lakhisarai, Bihar, ordered the salary of the headmaster of a high school in the district to…
The Government of Kerala is all set to link SPARK, short for Service and Payroll Administrative Repository for Kerala, to…
While IndiGo’s pilots have been expressing their discontentment at the low-cost carrier’s failure to restore their salaries, Ronojoy Dutta, CEO,…
Vistara, the Tata Sons and Singapore Airlines joint venture airline, has rolled back the pay cut imposed in 2020 for…
The pandemic has forced most companies to adopt remote working or the work-from-home (WFH) model for their employees. Many organisations…
The Uttarakhand Assembly has passed the Bill to cut the salaries as well as the constituency and secretarial allowances of…
American financial services and SaaS company, Stripe is doling out $20,000 to its employees if they opt to relocate from…
Pilots of Singapore Airlines are willing to take further pay cuts to remain employed. On September 18, an agreement was…
Star Cement, major player in the cement manufacturing business in the North East, has adopted simple yet efficient measures, to…
Hyderabad-based airline, Trujet, has decided to cut 50 per cent of its employees’ salaries. The decision has been conveyed to…
The staff of the Telangana State Road Transport Corporation (TSRTC) are hugely disappointed by the heavy pay cuts imposed on…
Vistara, the Indian full-service airline will impose a pay cut of five to 20 per cent from July 1 to…
Following opening of all government offices in Maharashtra, with 10 or 10 per cent staff, whichever is more, all government…
GVK Group has slashed up to 30 per cent salaries of over 1800 employees across verticals. The Indian conglomerate dealing…
Amara Raja Group has announced that the salaries of the junior- and senior-management levels of its workforce will be deferred…