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...
SMEs should be cautious while using AI for L&D
As small and medium enterprises (SMEs) increasingly embrace artificial intelligence (AI) for learning and development initiatives, it becomes imperative to carefully navigate the landscape...
What’re the HR software for small businesses, SMEs and startups?
Human resources (HR) software have come to be indispensable tools for businesses of all sizes, including small businesses, SMEs (small and medium-sized enterprises) and...
PARTNER POSTS
Future of talent acquisition in the age of generative AI
If you've been feeling a bit overwhelmed by the buzz surrounding generative AI, you're not alone. Let us face it, our industry is evolving,...
Innovation in insurance recruitment: Tata AIA’s journey towards high volume, top talent acquisition
Tata AIA Life is a joint venture between Tata Sons Pvt. Ltd and AIA Group. The venture merges Tata's leadership in India with AIA's...
Volkswagen trimming workforce in pursuit of profits
To enhance profitability, Volkswagen has announced its plans to reduce its workforce in the coming year. The decision comes as the car manufacturer aims...
Latest
No change in OpenAI’s tender offer plan for employees
Despite the turmoil within OpenAI in the last couple of weeks, the company is going ahead with its tender offer. In fact, employees will...
Volkswagen trimming workforce in pursuit of profits
To enhance profitability, Volkswagen has announced its plans to reduce its workforce in the coming year. The decision comes as the car manufacturer aims...
Allahabad HC rules in favour of maternity leave petitioner
Justice Manish Mathur of the Allahabad High Court in Lucknow ruled in favour of Sonali Sharma in a case against the State of Uttar...
Neha Alhluwalia elevated to CHRO-India & South Asia, Hitachi Energy
After spending 15 successful years at ABB, Neha Ahluwalia had moved to Hitachi Energy India where she assumed the role of head – HR,...
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....
