Tag: Remuneration

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...

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,”...

Meta to cut costs, freeze hiring, restructure groups

Is Meta experiencing a crisis? That is the question uppermost in the minds of most people as the parent company of Facebook has announced...

Latest

How does the CEO-CFO-CHRO trio drive a talent-first organisation?

The equation seems to have changed. Among the direct reportees to the CEO, the CFO used to be the closest confidante. The reason being,...

Change of guard in Adani’s HR leadership

Jayant Kumar has taken charge as the new CHRO for ACC and Ambuja Cement, which is now part of the Adani Group of companies....

Gratuity, leave encashment are components of salary: SC

According to the Supreme Court, gratuity and leave encashment are components of the salary. This ruling went against the argument of the advocate representing...
Gratuity to be paid on termination of employment only after 5 years of service

Central govt. hikes DA by 4%

The Ministry of Finance has announced the most awaited hike in the dearness allowance (DA) and dearness relief (DR) for Central government employees. On...

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...