Tag: Salary Hike

45% salary hike for MD and chairman of ITC

ITC is all set to hike the salary of Sanjiv Puri, chairman and managing director, by at least 45 per cent, with effect from...

Average salary increase in Indian IT services companies expected to fall

In the last few years, the average salary hike in IT services companies, that majorly depend on outsourced work, has been four to six...

Wipro IT employees receive salary hike but factory workers still waiting

After Rishad Premji taking over the reins of Wipro from his father, Azim Premji, the Company has announced a high single-digit average salary hike...

Salary hikes for IndiGo staff after 3 years

IndiGo hiked the salaries of its pilots and cabin crew after almost three years, amidst growing dissatisfaction among its staff over working conditions and...

Cognizant’s CFO earned $5.5 million last year, amidst cost cutting

A cost-cutting drive at US-based IT company, Cognizant, did not stop its senior executives from getting double-digit hikes in salary last year. Former CEO of...

Aon predicts an average pay increase of 9.4%

The average salary increment for top performers will be 15.4 per cent.

More benefits, rewards & recognition for employees in 2018

With only a 10 per cent increase in salaries in sight for the next year, the way to keep employees contented will be through rewards and recognition.

Salary hike for telecom employees expected next year

Consolidation/merger of businesses by telecom service providers will lead to talent instability across industries.

Salary hikes and promotions deferred at Cognizant

The scenario is another indicator that the IT industry going through a tough phase.

Double digit increment expected for pharma, retail, ITES, A&M, consumer goods...

The average salary increase across sectors is expected to be 9.7 per cent in this fiscal, 6 points less than the actual figure of last fiscal.

Employees across generations seek higher take-home pay

While take-home salary has emerged as the common preferred salary component, there are distinct differences in other perks desired.

Cabinet approves 7th Pay commission recommendation of 23.5 per cent hike

This implies an increase 16 percent in basic, 63 percent increase in allowances, and a 24 per cent increase in pension. 

Increments to stay stable at 10.3%

Startups and companies in their early stages will continue to provide maximum increments in order to retain and attract talent. 

Mercer predicts an average salary increase of 10.5 per cent in...

The biggest challenge for organisations is to retain employees as attrition increases from 10.3 per cent to 12.6 per cent between 2014 and 2015.

Salary hike: India ranks 4th in the world at 10.3%

Even if India’s inflation rate of 6.4 per cent is factored in, the real wage increase will be 4.7 per cent, implying double the growth rate of 2015.  

Towers Watson predicts a 10.8 % hike in 2016

Employers and employees have a different set of beliefs and expectations in the current situation, and this isn’t a healthy trend.

After effects of 7th Pay Commission

I have decided to resign from the post of Executive. I have realised, with the new pay commission, private sector jobs are not so...

Performance-linked pay for Central Government employees

In addition to a whopping salary hike, the 7th Pay Commission has also recommended several new aspects for the structure.

Hay Group predicts an average of 11.3 per cent hike in...

The consultancy reports that the average salary hike will go up in 2015, with FMCG and chemicals leading the way…

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Time to up your game: Use digital learning to upskill your...

Today’s ‘new skills economy’ is placing a whole new set of demands on organisations, as far as talent management is concerned. With jobs increasingly...

Employee Benefits & Engagement

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How to keep the creative workforce engaged

As an employer, you deal with all kinds of employees— some slow, others energetic, some smart, and yet others dim witted. However, you will...

Compassionate leadership and employee engagement

We all know that leaders have the ability to make or break an organisation. We also know that leaders need to possess certain qualities...

Pedal your way to health

‘A desk connected to a digital exercise bike can help burn calories’, said the headline. Before long, another headline caught my eye, ‘Get work...

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A new squad structure brings in renewed agility at Aegon

  While agility and performance are hot topics for organisations these days, companies dealing in life insurance have mostly stuck to the traditional way of...

HDFC’s HackitUp challenge to hire people in AI and machine learning

Hackathons are becoming rather popular today, with several companies in the IT and tech industry using these hackathon challenges to hire the best of...

How to keep the creative workforce engaged

As an employer, you deal with all kinds of employees— some slow, others energetic, some smart, and yet others dim witted. However, you will...

Uber determined not to treat drivers as employees

Uber Technologies has been caught up in a legal argument wherein the Company has been trying to prove that its drivers are simply independent...

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“Archaic HR processes force millennials to switch jobs often,” Niti Khosla, lead people analytics...

Friendly and jolly Niti Khosla, lead-people analytics and business impact, Novartis International, is a true HR leader with the ability to understand people and...

“Traditional organisations use ‘startups’ as proxy to build an agile organisation,” Rahul Garg, founder,...

Moglix offers a variety of products from safety and electronics to office tools. The Company aims to make an impact worth $100 billion dollars...
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“A true leader is not dependent on title or designation,” Dwarakanath

It was a Friday afternoon, when the HRKatha team got the opportunity to meet a man who is not just a recognised leader but...