Tag: 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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Carve out a digital mindset with adaptability

Business enterprises thriving in a complex world of uncertainty show bold disruption and continuous innovation through resilience and reinvention. The rapid pace of technology challenges...

Employee Benefits & Engagement

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Cat naps can increase productivity!

Risposo in Italy, inemuri in Japan or simply siesta in Spain and other countries— call it what you may, but research has shown that...

Make Monday a ‘Fun’ day

The noun 'blues' refers to a 'sad' feeling, and has nothing to do with the colour blue. This feeling may arise from laziness or...

Eli Lilly plays guardian angel to its employees

In the pharma industry, the sales team comprises remote workers. The work of these salespeople generally requires them to travel, usually on two wheelers,...

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How does Lakme Salon keep its creative employees engaged?

The most common perception we have about working people is that they go to offices and work at their desks with laptops. However, there...

Apurv Choubey joins Bridgestone as CHRO

Tyre makers Bridgestone India has appointed Apurv Choubey as CHRO. Choubey who joined on May 20, will be responsible for driving HR transformation and...

Arnab Das becomes head-corporate HR, Marico

Arnab Das, who joined Marico, the Indian consumer goods company, in 2011, as manager remuneration and HR operations, has grown to become its head-corporate...

Ford set to lay off 7,000

Ford, the American multinational automobile manufacturer is all set to restructure the organisation, which will require laying off thousands of employees. About 7000 people,...

DIALOGUE

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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...

“Successful women are ambitious and focussed on their careers,” Shalini Pillay

She understands the imperatives for an organisation from a talent perspective. She possesses the consulting skills required to provide solutions. She is also a...

“Automation will create a multiplier effect in the economy, which people don’t understand,” Ravi...

Automation and the volatile behaviour of workers have brought in a lot of challenges for HR in the changing automobile industry, which is now...