Tag: Salary Hike
Centre approves 16% hike for LIC staff
More than one lakh employees of Life Insurance Corporation of India (LIC) will receive 16 per cent hike in wages, as approved by the...
Second salary hike for TCS employees
Less than six months after announcing increments in October 2020, Tata Consultancy Services has yet again announced hikes for its employees. The increments will...
Salary hikes for staff in auto sector, business improving
In terms of SUV sales, the Hyundai Motor Group ranked number one in 2020, followed by Kia. Little surprise then that the former gave...
Three ways of calculating gender pay gap
Every day, we see women leaving for their offices, travelling by public transport and returning to their houses after a strenuous shift in the...
TCS announces salary hike, share buyback
Tata Consultancy Services (TCS) is offering an increment to its employees with effect from October 1, in appreciation of their “resilience” during the pandemic....
Axis Bank to give 4 to 12% salary hike
Amidst the ongoing pandemic, when most companies are laying off staff or imposing pay cuts, Axis Bank has gone ahead and announced salary hikes....
Tripura govt hikes employees’ salaries by 3%
Unlike many states, such as Andhra Pradesh, Kerala, Telangana and Odisha, that have imposed salary cuts on their government employees to help tide over...
ICICI rolls out 8% salary hike for its 80,000 frontline employees
Close on the heels of several social-media tweets claiming that ICICI Bank had forcefully terminated some of its employees, the private-sector bank has gone...
Junior doctors, interns get pay hike in West Bengal
With an aim to motivate the junior doctors, interns and house staff at West Bengal’s state-run hospitals, the state government announced an increment in...
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.
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...
H-1B visa holders can fight visa-denial case if employers commit fraud
If Indian H-1B visa holders find that their visa is about to be revoked just because their employer has been found to have indulged...
Latest
Starting June 2024, UBS will implement layoffs in 5 waves
UBS, the Swiss banking firm, is implementing cost-cutting measures. As part of this exercise, it will lay off people from its workforce in five...
Navendu Shekhar named head HR at India Today
After serving as director-HR (business, strategy and corporate functions) at Cashree Payments for well over two and a half years, Navendu Shekhar has joined...
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...
Uncertainty continues for Byju’s staff; next NCLT hearing on 6 June
With the National Company Law Tribunal fixing the next hearing of the Byju’s case on 6 June, the employees continue to be uncertain of...
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....
