Tag: pay cuts
Amazon’s cash pay freeze for senior staff
Amazon announced a significant change in increments of many of its senior employees. As per the statement released on Wednesday, 27 March, many senior...
DBS Bank’s record profits offset by CEO pay cut
Piyush Gupta, CEO, DBS Bank, experienced a substantial 27 per cent reduction in salary to SGD 11.2 million (approximately Rs 69 crore) last year....
Intel implements pay cuts; CEO to take 25% cut
It hasn’t been long since Intel announced the layoff of about 340 people in California. And now, it is reportedly resorting to pay cuts....
Jet Airways to impose 50% pay cuts
Employees at Jet Airways may have to face up to 50 per cent pay cut starting 1 December 2022. However, the good news is...
SpiceJet to hike pilots’ salaries
SpiceJet will pay its captains Rs 7 lakh for 80 hours of flying per month. This is the hike that the Airline has announced...
Staff disgruntled over low salaries across Indian airlines
Cabin crew, technicians and pilots working for various airlines in the country have been protesting by calling in sick en masse.
The primary issue is...
IndiGo hikes salaries by 8% for the second time in 2022
IndiGo pilots and crew members have received yet another eight per cent hike in their salaries. This is the second hike in four months....
IndiGo pilots unhappy over pay cuts, suspension
Frustration is mounting amongst the pilots of IndiGo, which has reportedly made a profit of about Rs 130 crore recently after a two-year lull....
Air India pilots’ union demands restoration of pay cuts imposed during...
Indian Pilots’ Guild (IPG), which is the union of the pilots employed by Air India, wrote a letter to Rajiv Bansal, the recently-elected aviation...
TOI & ET announce second round of pay cuts
Bennett, Coleman and Company Limited (BCCL) has now announced the second round of pay cuts, taking journalists by surprise. The employees of The Times...
Indigo senior leadership to take increased pay cut
Ronojoy Dutta, CEO, Indigo, informed employees via an email that he was increasing his personal pay cut by 10 per cent and urged all...
Edelman lays off 390, cuts 5-20% pay of remaining staff
Edelman, the American public relations and marketing consultancy firm, has announced job cuts. It will be laying of about seven per cent of its...
Extended leave without pay for GoAir staff till June 30
On June 1, the GoAir management informed the employees about the extension of leave without pay (LWP) till the end of June, and even further,...
10-50% pay cut for staff of KPIT Technologies
KPIT Technologies, the Indian multinational company based in Pune, will be deducting 10 to 50 per cent of the salaries of its employees as...
Ryanair to lay off 3,000, sees no hope of business improving...
Ryanair, the Irish budget airline, is planning to slash 3,000 jobs, as it does not see demand picking up before 2022. It is also...
Most SpiceJet employees to receive April salaries on May 1
Low-cost carrier, SpiceJet, has announced that most of its employees will be paid their salaries for the month of April. This comes a day...
Low cash flow in health sector may invite pay-cuts
In an unfortunate turn of events, the heroes fighting the virus on the frontlines every day may have to succumb to pay cuts, deferred...
IndiGo to pay full salaries to majority of employees; revokes announcement...
Low-cost carrier (LCC), IndiGo, has revoked its earlier announcement of pay-cuts during the month of April. It has now decided to pay full salaries...
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
Will WB government pay April salaries to teachers & non-teaching staff?
A recent Calcutta High Court order had declared that the process by which about 25,753 teachers were given appointment was ‘null and void’. As...
Time to give traditional productivity metrics an overhaul
Imagine a bustling office where traditional productivity metrics reign supreme, where sales numbers, units produced and hours worked are meticulously tracked and analysed. However,...
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...
Sayantani Dutta appointed CHRO, Bajaj Housing Finance
After successfully handling human resources for Kotak Mahindra Bank’s wholesale bank and treasury for over four years,Sayantani Dutta has taken on the CHRO role...
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....
