Tag: Remuneration

Pawan Munjal to take 20% pay cut

Pawan Munjal, chairman, Hero MotoCorp was paid a total remuneration of Rs 99.55 crore in the fiscal year 2023. This was 18.02 per cent...

Board proposes a significant hike in salary for Mahindra’s MD

A revision in the remuneration of Anish Shah, MD and CEO, Mahindra Group may see his salary going from the present scale of Rs...

How Havells India justifies salary of CMD after shareholders seek clarification

After some shareholders stated that they thought that the salary of Anil Rai Gupta, chairman and managing director, Havells India, was too high in...

IT-sector CEOs’ median annual salaries went up by 835% in 10...

There has been a surge in demand for talent in the IT sector post the pandemic. And yes, talented people are being lured by...

$5.7 million overtime compensation for ex-Cognizant staff

American multinational information technology giant, Cognizant, will be paying $5.7 million to compensate its former employees who had alleged that they had been underpaid...

Delhi govt demands Rs 5000 Cr from Centre to pay salaries

The Delhi government has approached the Centre for financial aid to be able to pay salaries to its employees. Having faced major loss of...

CBDT clarifies remuneration of Indian managers of offshore funds

Following amendments to the income tax rules by the Finance Ministry, it has now become convenient for Indian fund managers of offshore funds to...

Tata Steel may lay off 3,000 in Europe

Tata Steel, the Indian multinational steel manufacturing company, is all set to strengthen its European business and increase profits. In the process, it plans...

Indian IT firms in the US pay higher average wage than...

A research has recently revealed that the average wage paid by Indian IT services firms to their employees in the US, is about $96,300....

10 lakh contractual staff of Central govt to be paid like...

It has been reported that about 10 lakh employees of the Central government , who are working on contract and putting in eight hours...

Average salary of Rs 16 lakh offered to IIIT Delhi students

At the recent placement drive at the Indraprastha Institute of Information Technology (IIIT) Delhi, where more than a 100 companies participated, Rs 16.06 lakh...

CEO of Godrej receives over Rs 20 crore as remuneration

The highest compensation of the fast moving consumer goods (FMCG) sector, in the Financial Year 2019, went to Vivek Gambhir, MD and CEO, Godrej...

Ambani desires moderation in managerial remuneration levels, leads by example

Mukesh Ambani, has been earning Rs 15 crore annually, from Reliance Industries, for 11 years consecutively. His salary, allowances and perks have totalled to...

7% average increase in employee remuneration at Bharti Airtel in FY...

The 10,205 strong workforce at Bharti Airtel received an average increase in remuneration (excluding the senior managers) of seven per cent during FY 2018-19. The...

Amazon employees demand safety, security and better pay

Employees at Amazon are protesting across the globe, against the unsatisfactory working conditions at the organisation. The staff is demanding more safety and security...

Why is it justified to pay a person less after promotion?

The case study A person who works at the middle management level of an organisation has been given a promotion. With his boss having left...

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...
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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...
Tata Steel employee vehicle ban

Tata Steel: Journey through excellence in talent acquisition 

Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...

Singapore government modifies foreign worker policy

The Ministry of Manpower (MOM), Singapore has modified the foreign worker policy. As per the modifications, the minimum qualifying salary for foreign workers to...

Latest

Emmar India to upskill its construction workforce with ‘Shram’

Emaar, a real-estate company, has introduced "Shram" – a bespoke skill- development programme tailored for its construction workforce. The move comes in line with...

SpaceX employees can’t sell stock without approval

SpaceX imposes unusual terms on its employees regarding stock awards, as reported by TechCrunch. Among these terms is a provision allowing SpaceX to repurchase...

Ad-hoc salaries to public-sector bank staff as per 12th bipartite settlement

The Government of India has given its approval to the ad-hoc payment of salaries under the 12th bipartite settlement, to employees of public-sector banks....

Leverage Edu has onboarded 50 return-to-work mothers

Leverage Edu has onboarded 50 return-to-work mothers. This return-to-work initiative is part of Leverage Edu's commitment to building an equitable, diverse and inclusive workplace. The...

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....
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