Tag: Salary Cut

NMMC employees face salary cut, transfer for late arrival, irregular attendance

Post a surprise inspection, the Navi Mumbai Municipal Corporation (NMMC) ended up pulling up about 191 employees. While some had to face pay cut,...

SpiceJet defers 50% of April salary for staff

SpiceJet has deferred up to 50 per cent of the salary of a major part of its workforce, for the month of April, affecting...

$6 -$10 mn pay-cut for Goldman Sachs’ CEO, COO and CFO

David Solomon, CEO, Goldman Sachs saw his salary being cut last year, by $10 million to $17.5 million, in consultation with the board of...

KPMG employees seek compensation for loss of pay

Employees of KPMG want to be compensated for the 20 per cent pay cuts that were imposed on them in April, without any reduction...

Maha govt staff to lose pay if they are absent from...

Following opening of all government offices in Maharashtra, with 10 or 10 per cent staff, whichever is more, all government staff have been told...

AirAsia pilots to take 40% pay cut for May and June

AirAsia India is imposing an average pay cut of 40 per cent on its pilots for the months of May and June. The cut...

TVS staff to take 5%-20% salary cuts for 6 months

Employees of TVS Motor Company, will be taking salary cuts, most of them voluntarily, from May to October, 2020. While the junior executives will...

Labour Commissioner’s office issues notice to Tech Mahindra for reducing salaries

Following complaints from several employees, the National Information Technology Employees Senate (NITES) filed a formal complaint with the Labour Commissioner, alleging that Tech Mahindra...

AP govt staff to face salary cut in April too

After witnessing salary deduction in March, the staff of the Andhra Pradesh government will be facing a salary cut in April too. The earlier order...

IndiGo to impose up to 25% salary cuts from April 1

India’s budget carrier, IndiGo, has instituted pay cuts up to 25 per cent for all employees, starting from April 1, 2020. All employees will...

Cuts in salary for infrastructure development in Nagaland

The Government of Nagaland is planning to cut the salaries of its government employees to generate the funds required for development projects. The people of...

A day off for 10 hours of overtime for Govt employees...

The Kerala government has decided to offer a day off to the government employees to compensate for 10 hours or more of overtime every...

Kochi Corporation employees risk losing salary for not fixing potholes

At a review meeting recently, the district collector of Kochi, Kerala, was addressing the issue of fixing the potholes on the roads. While doing...

Jet Airways withdraws plan for salary cut

Post media reports on salary cut, the Company’s image took a serious downturn and there were increased cases of cancellations.

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

2.25 lakh applicants, including engineers, postgraduates, for 91 peon posts

Thousands of graduates and postgraduates, including some PhD holders were amongst the 2.25 lakh applicants who were hoping to land a job as peon...
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...

96% Wipro staff to get hike from 1 Sept

Despite economic pressures in the last quarter, Wipro is giving annual salary increments to 96 per cent of its staff, with effect from September...

Employees seek authentic managers: Report

Microsoft’s Work Trend Index Pulse Report says that 82 per cent employees are more inclined to attend one-on-ones at work if their managers are...

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...