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.

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...

Latest

Year-end bonus checks delayed for google employees

In a change in functioning, Google has postponed the distribution of its year-end bonus checks to employees, which is unusual for the company as...

ATS launches initiative for employee development & community growth

ATS has introduced a new program aimed at promoting personal and professional development for its employees and leaders. The goal is to foster strong...

Now job loss in diamond sector too; 20% dip in diamond production

A major slowdown has gripped the diamond sector in the country. With reports of many small units having been shut down amidst a significant...

Tarun NP Varma moves from Shell to TCP, as global CHRO

Tarun NP Varma, who was vice president – HR, global technology division, Shell, has now joined Tata Consumer Products (TCP) as global CHRO. This alumnus...

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...