Tag: Salary Hike

Employees of Muthoot Finance call off strike, resume duty

The staff of Muthoot Finance, a Kerala-based finance firm, called off a 52-day long agitation after discussions with the management in the presence of...

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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What do tech professionals expect from L&D programmes today?

Technology professionals have the luxury of being in demand in today’s world. All thanks to the fast- paced technological change happening across sectors. To...

Employee Benefits & Engagement

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Invest in culture to ensure employee engagement

Engaged employees are highly productive, are able to maintain great relations with the customers, and remain loyal to the organisation. Studies suggest that engaged...

Is employee voice essential for employee engagement?

What is employee voice? It is the employees’ means of communicating their opinions and views to their employers. It is the means by which...

Good mentors can ensure employee engagement

We have all had mentors at some point in life — people whom we admired or looked up to for their success, accomplishments, expertise...

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Competency-based learning helps bridge the skill gap

The industry is evolving very fast, and our education system is dated. This has created a serious skill gap in the existing workforce across...

Trade unions oppose Tata Steel’s layoff announcement in Europe

Trade unions have been up in arms ever since they heard of Tata Steel’s intention to lay off 3000 employees in Europe. The unions...

How to benefit from Apprenticeship regulations

Before we dive into the scope of how apprenticeships can benefit organisations, let us understand the correct meaning of the term. Vocabulary.com defines “Apprenticeship...

Square Yards to hire 1,500 fresh graduates from campuses

Square Yards, the technology-enabled real-estate transaction platform is gearing up to hire freshers directly from university and college campuses. It plans to add more...

DIALOGUE

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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...