Tag: Salary Hike
TCS to give salary hikes of 4.5% to 7%
Tata Consultancy Service (TCS) intends to give salary increments of 4.5 to seven per cent, on the basis of each individual’s performance. The extremely...
Senior job roles expected to see 20-30% raise
This year, senior-level job roles are poised for an average salary increase of 20 per cent. This reflects a strong emphasis on nurturing talent...
Tesco boosts store worker pay by 9.1%
Tesco, a UK supermarket chain, has declared a substantial 9.1 per cent wage boost for its store employees. The decision will elevatate their hourly...
Indian salaries to rise 9.5 per cent in 2024: Report
Indian employees can expect a 9.5 per cent salary increase in 2024, according to Aon’s Annual Salary Increase and Turnover Survey. This figure, while...
LIC unions decline 14% salary raise, saying performance not reflected
The employee unions of the Life Insurance Corporation of India (LIC) dismissed the company's proposed 14 per cent salary increase, on Friday, 16 February....
JD announces 30% wage hike for customer-service team
On 5 February 2024, JD, a Chinese e-commerce company, announced a significant raise for its customer-service team. Starting 1 February 2024, over 20,000 staff...
Infosys initiates gradual salary hikes
Infosys is gradually implementing long-awaited salary hikes, with some employees receiving increases in December and others expected to get theirs in January.
A significant number...
Doctors in Telangana hospitals demand action, clearance of dues
Doctors from Telangana hospitals have reached out to the government, urging that steps be taken to address their longstanding requests for increased salaries and...
IndiGo rewards employees with salary hike, bonuses
IndiGo, India's largest domestic airline, has recently announced a salary hike for its pilots and cabin crew. This comes after the airline posted a...
Infosys plans to follow a demand-based hiring strategy
Infosys recorded an almost 11 per cent rise in net profit during the first quarter, but it fell short of analyst expectations and revised...
TCS affirms hiring commitment, hikes salaries, and upskills workforce
Tata Consultancy Services (TCS), one of the leading IT services companies, recently announced its first-quarter results for the fiscal year 2023-24. Alongside the financial...
Karnataka Cabinet approves 15% salary hike to RTC employees
In a decision by Karnataka government, employees and officers working in the State-run road transport corporations (RTCs) will now get a 15 per cent...
Tata Group executives get huge salary raise
Leading the list of those who saw a substantial increase is P Venkatesalu, CEO, Trent, who saw his annual salary rise by an impressive...
NDTV announces salary raise surpassing industry average
Adani group-owned media company, NDTV has disclosed a salary raise across all network divisions following a thorough and transparent evaluation procedure. In a statement,...
Former TCS CEO remuneration surges over 13% in FY 22-23, while...
In the fiscal year 2022-23, Rajesh Gopinathan, the former CEO and MD of Tata Consultancy Services (TCS), saw a significant increase in his remuneration....
SpiceJet announces salary hike for pilots
On its 18th anniversary, SpiceJet announced that it will increase the salary of its captains to ?7.5 lakhs per month for flying 75 hours....
Zilingo CEO Bose granted herself a 10-fold salary hike without approval:...
Ankiti Bose, co-founder, Zilingo, reportedly increased her salary by 10 times without obtaining consent from the board of the company. The Singapore-based fashion tech...
Whooping $226 million for Sundar Pichai while 12,000 employees laid off
Despite the decline in many economies around the world and the resulting job losses, top executives, particularly in the tech industry, continue to earn...
New salary structure implemented for Air India’s cabin crews & pilots
Air India, a Tata group-backed airline, has recently announced a new salary structure for its cabin crews and pilots, effective from April 1st. The...
Rs 1.14 cr. pa highest domestic package offered at IIM-Indore
This placement season at the Indian Institute of Management (IIM) Indore saw the class of 2023 being offered average salary of Rs 30.21 lakh...
NHM workers dissatisfied; strike in Karnataka to continue
The NHM employees have stated that they will not return to work as they remain dissatisfied with the government's response. In a recent order...
Tasmac raises salary for its finance staff in Tamil Nadu
Tasmac has met the long-awaited request of assistant engineers (accounts) in the corporation by raising their annual increment from 1,250 to 2,500. This boost...
ExxonMobil hikes pay for CEO, CFO, senior VPs
Exxon Mobil Corp XOM.N has decided to raise the base salaries — that make up 10 per cent of overall compensation — of its...
Top performers of Infosys get 20-25% increment
A significant number of employees at Infosys received an increment of 10 to 13 per cent, while the top performers received an increment of...
SpiceJet deposits TDS of employees
SpiceJet has reportedly deposited the tax deducted at source (TDS) of all its employees for the financial year 2021-22. The employees have been told...
Wipro to give salary hike to 80% of its employees
On June 18, Wipro announced a salary hike for its employees which will impact at least 80 per cent of its workforce. The decision...
How this energy company is championing employee inclusivity & engagement
In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...
Trident’s Asmita leaves blossom into inclusive workplaces
Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
Harness.io: Cultivating a talent powerhouse in the tech crucible
The tech scene, be it in India or San Francisco, is equally crucible, fiercely competitive and unforgiving. In both the landscapes, attracting and retaining...
Engagement is outdated: The future of success lies in ‘employee involvement’
In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Freixenet to cut 80% roles
In a stark response to the relentless drought crippling Catalonia's Penedes region, Freixenet, the Spanish cava (wine) producer, unveils a drastic plan. The company...
Latest
Nike lets go 740 from Oregan HQ to cut costs
Sportswear firm, Nike is all set to reduce staff strength at its Oregon headquarters by 740. This is part of a cost-cutting exercise because...
Pragya Misra first to be part of OpenAI team India
Pragya Misra is the first to be hired by OpenAI in India. She will reportedly help with establishing and maintaining government relations as OpenAI...
Toshiba to let go 5000 in Japan
Toshiba is contemplating a significant downsizing of its workforce in Japan, eyeing a reduction of about 5,000 positions. The move is said to affect...
Did Lufthansa incur huge losses due to strikes by staff?
Lufthansa Group apparently posted losses to the tune of €849 million in March 2024, whereas its losses in Q1 of 2023 were only €273...
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....
