Tag: salaries

Jefferies raises junior bankers’ salaries from $85K to $110K

Close on the heels of Goldman Sachs giving 30 per cent raise to its junior bankers, Jefferies Financial Group has gone ahead and matched...

Telangana ASHA workers seek hike, fixed pay

Just when an ASHA worker in Rajasthan made headlines for rowing a boat in difficult conditions to reach villagers awaiting vaccination, in Telangana, ASHA...

Salaries, pensions can now be credited to accounts 24×7

Starting August 1, customers can now have their salaries and pensions credited to their bank accounts seven days a week and 24 x 7....

Government employees in Patiala protest against anti-employee recommendations

Punjab-UT Employees and Pensions Joint Front carried out a protest march in Patiala on July 30 against the 6th Pay Commission recommendations, which they...

Salary woes across India

While salary delays have been common amidst the pandemic, there is still hope in some sectors. Bharat Sanchar Nigam (BSNL) has failed to pay...

Government extends wage subsidy, to encourage job creation

The Government’s wage subsidy scheme, which was to end today, that is, June 30, has now been extended till March 31, 2022. The scheme...

SpiceJet to pay salaries basis work hours

SpiceJet, the Gurugram-based Indian low-cost airline, has gone back to paying its employees according to the number of hours they put in at work....

Argentinian company allows employees to set each other’s salaries

At 10Pines, an Argentinian tech firm, salaries are decided thrice a year at the ‘rates meeting’ by the employees themselves! This unique meeting is...

20% salary hike for Punjab govt staff?

According to the recommendations of the 6th Punjab Pay Commission, all employees should get a two-times increment in salaries as compared to the previous...

Min. salary Rs 23K for govt staff: Kerala Pay Commission recommendation

As per the recommendations of the 11th Pay Revision Commission, the minimum salary of government employees in Kerala is to be Rs 23,000 and...

JPMorgan Chase & Co. to freeze salaries of seniors

JPMorgan Chase & Co intends to freeze salaries for employees from the rank of vice president and above as the bonuses for some traders...

Real salaries in Singapore to climb 2.7%

Recent findings from ECA International found "real salaries" for Singapore and Hong Kong will rise to 2.7 per cent and 0.6 per cent respectively....

13,000 NDMC, EDMC teachers demand pending salaries, threaten indefinite strike

More than 13,000 teachers of the North and East Delhi Municipal Corporations are threatening to go on indefinite strike to protest against the non-payment...

North Delhi Municipal Corporation teachers demand salaries, threaten strike

The teachers’ associations of the North Delhi Municipal Corporation are threatening to go on strike if their salary dues are not cleared before August...

Wheels stop turning for Atlas Cycles, staff laid off

Atlas Cycles has admitted that it is unable to carry on manufacturing operations amidst financial limitations. On June 3, therefore, it laid off its...

2500 Uttarakhand Forest Development Corp. workers await pending wages

Over 2500 employees and workers of the Uttarakhand Forest Development Corporation are awaiting their wages, which have been pending for over two months now. The...

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...

Pay salaries to staff and revoke terminations’, AICTE tells colleges/institutions

The All India Council of Technical Education (AICTE) has issued a mandate that the salaries of faculty members in colleges and institutions across India...

FICCI seeks legal opinion on paying full wages amidst lockdown

The Federation of Indian Chambers of Commerce and Industry (FICCI) has been seeking legal opinion on whether organisations are bound by law to provide...

Publisher of Daily Mirror to furlough over 900 employees and cut...

Reach, the publisher of the Daily Mirror, Daily Express and Daily Star newspapers, has decided to temporarily dismiss 20 per cent of its 4700...

Pay salaries on time, SEC Goa tells private sector

While cautiously noting that Goa has yet to witness community transmission of the novel coronavirus (Covid-19), the state executive committee (SEC) asked officials to...

Salary of GoAir staff deferred

Having laid off its expat pilots recently and imposed pay cuts following the dip in business in the aviation sector due to the pandemic-like...

IndiGo assures no salary deduction amidst temporary flight suspension

India’s budget carrier, IndiGo, has promised its employees no deduction in salary during the temporary suspension of domestic flights. The decision was made after...

Tamil Nadu govt employees’ salary accounts run dry

State-government employees generally receive salaries on the last day of the month, but on Friday, 28 February, employees of the Tamil Nadu government were...

Air India employees to forego benefits/salaries on leaving without serving notice...

An order from the executive director, engineering, warned Air India Engineering Services Limited (AIESL) and aircraft maintenance engineers that if they leave the organisation...

Does Amazon time its employees’ toilet breaks?

Amazon is grabbing headlines for the wrong reasons yet again. During a protest by its warehouse employees in Britain, some employees have made certain...

Latest

Ford, Gemini, Innovaccer, and Inmobi lay off employees

Gemini Gemini, a US-based crypto exchange, announced that it will  let go of 10 per cent of its employees. The reason given for the layoffs...

Employee strikes in European countries

On January 25, 2023, at Berlin Brandenburg Airport (BER), all passenger flights were canceled as airport staff walked out because of a dispute over...

Subhashis Sinha is now CHRO, TBZ-The Original

After spending over a decade with Asian Paints, Subhashis Sinha has joined TBZ- The Original, as CHRO. An alumnus of IIM Indore and SVKM's Narsee...

Mass layoffs causing burnout for HR

Layoffs are becoming increasingly common in today's business environment, and can create a difficult and unpleasant situation for both the organisations and the affected...

DIALOGUE

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....

“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...