Tag: Salary

Delhi government releases Rs 28.24 cr for salaries of DU staff

Finally, there is good news for the employees of the 12 Delhi University colleges fully funded by the Delhi government. Funds to the tune...

#MakeAmazonPay trends as workers demand better wages

Black Friday brought in huge profits for the billionaire, Jeff Bezos, CEO, Amazon, but also sparked a movement that united warehouse workers, environmental activists...

Pandemic can lead to city-based compensation for same roles

The pandemic-induced remote working situation has also impacted the hiring process in various organisations. While organisations navigate these massively altered work conditions, the question...

Apply for postman, mail guard, MTS; min. salary of Rs 18K

Indian Postal Department's Maharashtra circle is seeking applications for 1,371 vacancies in total, of which 1029 posts are for postmen, 327 posts are of...

FLTC docs resent pay cuts, will stop work from Sept 10

Out of the 1,080 MBBS graduates who passed out of government colleges this year, 868 who were assigned temporary duty at Thiravananthapuram’s COVID First-Line...

India ranks 72 on average monthly salary

The average monthly salary of an Indian professionals is Rs 32,869 per month, according to Numbeo.com. India ranks 72 among 106 countries. The country with...

What will increments be like in 2020?

Due to the financial crunch, which has hit all sectors, many companies in India have decided to defer increments and bonuses for their employees...

ICPA warns Air India against wage restructuring without union approval

The Indian Commercial Pilots Association (ICPA) in a letter to the chairman and managing director of Air India, Rajiv Bansal, stated that any unilateral...

New salary structure for SpiceJet’s pilots

Amidst the recent developments in the aviation industry, SpiceJet has introduced a new salary structure for its pilots. For the first time in the history of...

2.86% hike in salary of MD of Hindustan Unilever

According to the annual report for 2019-20 of FMCG major, Hindustan Unilever (HUL), the gross salary of Sanjiv Mehta, the Company’s chairman and managing...

One month salary to be deducted for Kerala govt. employees

The Kerala government has decided to go ahead with a one-month deduction of salary for the government employees, as part of its efforts to...

SBI staff to give up a day’s salary, PL encashment

State Bank of India (SBI) has issued a circular to its staff informing them that a day’s salary and encashment of a day’s privilege...

Full 3 month’s salary for Nestle staff

Nestle, the Swiss multinational food and drink processing company, has announced that it will pay full salaries to all employees affected by work stoppages...

Private employees to get full salary during Delhi lockdown

Chief Minister Arvind Kejriwal, while announcing the Delhi lockdown, has also directed that all private companies will have to consider their employees to be...

Chairman of Mahindra & Mahindra offers his entire salary to the...

Anand Mahindra, chairman, Mahindra & Mahindra, tweeted that India looks like it is already on the brink of the third stage of transmission, of...

IIM Nagpur student bags highest salary package of Rs 40 lakh...

The Indian Institute of Management (IIM), Nagpur, has managed to get all its students placed, with one being offered a salary package of Rs...

Salaries of freshers set to rise in IT sector

While salaries of entry-level employees in the information technology (IT) space in India have grown faster than that of mid-level professionals since 2017, it...

December salaries not paid to Telangana Waqf Board employees

The employees of the Telangana Waqf Board, which takes care of the Waqf properties, have not been paid their December salaries. Waqf is a...

Pay transparency: Are we mature enough?

Another one of the many things doing popular rounds in the industry is the idea of full pay transparency. It means that everyone inside...

Government clears confusion on salary increment process under 7th Pay Commission

Government has given a clarification on the major confusion in the salary increment process of the central government employees. Minister of State for Finance, Anurag...

Indian youth prefer this over salary

In a recent survey conducted by Oliveboard, it was revealed that 44.3 percent of the Indian youth have voted for job stability and 36.7 percent gave their approval...

Average salary of Rs 16 lakh offered to IIIT Delhi students

At the recent placement drive at the Indraprastha Institute of Information Technology (IIIT) Delhi, where more than a 100 companies participated, Rs 16.06 lakh...

Part II – Deconstructing the apprenticeship stipend primer 2019

Several industry-friendly amendments in 2014 to the Apprentice Act (1961) saw an impressive 15% growth in apprentice engagement during 2015-16, up from 5% the...

Ambani desires moderation in managerial remuneration levels, leads by example

Mukesh Ambani, has been earning Rs 15 crore annually, from Reliance Industries, for 11 years consecutively. His salary, allowances and perks have totalled to...

Honor scales down India operations

Chinese handset manufacturer, Honor, has begun to lay off its employees in India in phases. The move follows the blacklisting of its parent company,...

7% average increase in employee remuneration at Bharti Airtel in FY...

The 10,205 strong workforce at Bharti Airtel received an average increase in remuneration (excluding the senior managers) of seven per cent during FY 2018-19. The...

Wipro CEO’s salary rises 41% in 2018-19

Abidali Z Neemuchwala, chief executive officer (CEO), Wipro, has witnessed a 41 per cent increase in salary, with the Company reporting a 37.74 per...

Queen Elizabeth seeks social-media manager at Rs 26.6 lakh salary

A lucrative position is waiting for individuals who have experience in managing social media accounts for businesses and individuals. A vacancy for a digital...

Govt offices in Kerala to have Aadhaar-based biometric attendance system

In all government offices of Kerala, Aadhaar-based attendance has been made compulsory. Within the next six months, all government offices in the state will...

Does the CEO of Facebook earn only about Rs 70 a...

The CEO of Facebook, Mark Zuckerberg, draws a salary of only one dollar annually, that is, about Rs 70. This has been his salary...

Employees of BSNL awaiting February salaries

Bharat Sanchar Nigam (BSNL), the State-run telecom company, has not paid the February salaries to almost 1.76 lakh employees owing to a financial crisis....

198 students of FMS 2017-19 batch receive 210 job offers, with...

Each and every student of the 2017-19 batch of the Faculty of Management Studies (FMS) Delhi has bagged a job offer this placement season....

Anganwadi workers to get increased honorarium

The Women and Child Development Ministry has been requesting the states and union territories to fill up the existing vacancies as soon as possible....

Pilots of cash-strapped Jet Airways to take a final call

Jet Airways’ pilots are expected to take a final call soon, if the cash-strapped Airline is unable to pay the partial salary that it...

Why is it justified to pay a person less after promotion?

The case study A person who works at the middle management level of an organisation has been given a promotion. With his boss having left...

Jet Airways offers flight attendants ‘leave without pay’ instead of salary

Following delays in salary disbursement, now the flight attendants of Jet Airways have been given the option of taking 'leave without pay' for up...

Low pay and unequal wages remain a malady in India despite...

As per a new ILO report, while employment has grown in the organised sector, there is too much of informality and no social security is offered in most of the jobs.

How different sets of employees may react on proposed cut in...

Reduction of cut from 12 per cent of basic salary to 10 per cent means a higher take-home salary.

31% people are ready to accept salary in cryptocurrency

Among those who approve of this form of alternative money, 75 per cent are men and 25 per cent women.

Effects of lower PF contribution on your salary

If PF contribution is part of the CTC, don’t miss out on asking the employee to pass on those extra few bucks.

Axis Bank’s CEO gets a 7.8% hike with basic pay of...

At Axis Bank, the staff cost has increased by 10.82 per cent from Rs 3,891.86 crores in fiscal 2017 to Rs 4,312.96 crores in fiscal 2018.

IIM Trichy 2018 batch gets the highest package of Rs. 54.50...

Around 113 companies offered 177 jobs to the students this year.

How the Union budget will impact people’s salary, savings and new...

The finance minister proposes to allow a standard deduction of Rs. 40,000/- in lieu of the present exemption in respect of transport allowance and reimbursement of miscellaneous medical expenses

What’s the big deal about maintaining secrecy around salaries

With millennials posting or sharing everything on Facebook, Glassdoor, Twitter, it will not  be a surprise if soon salaries are openly talked and discussed about too

Air India staff now supports privatisation but seeks salary dues

The pilots have asked the airline to clear long due salary arrears before the move

No more discussion on past salary in Philadelphia

After days of planning, Philadelphia has banned employers from asking potential hires to provide their salary history.

Companies put ‘CHRO’ at par with ‘CMO’

As per a study by Hay Group, the core business heads and top business enablers in a company are considered to be equal stake holders in growth, which is why the gap between their salaries is now marginal…

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…

Why a coaching culture and not any other culture?

“Would you tell me, please, which way I ought to go from here?” “That depends a good deal on where you want to get to,”...

Is SoftBank laying off 30% of Vision Fund team?

The investment division of SoftBank, the Vision Fund, is reportedly being downsized. About 150 people from the 500-strong team may lose their jobs reported...

Latest

Upgrading skills will be focus of Kerala’s draft industrial policy

With the aim of creating jobs and retaining talent, Kerala has unveiled its draft industrial policy. The focus of the Policy is on upgrading...

National Career Service portal shows over 4 lakh vacancies

The Ministry of Labour & Employment (MoLE) has reported that the Government of India’s National Career Service (NCS) portal has about 4,82,264 active vacancies...

How can hiring managers steer clear of interview bias?

A 2019 study by the Journal of Occupational and Organisational Psychology revealed that 60 per cent of interviewers know within the first 15 minutes...

A resume printed on a cake?

A job applicant in the US has taken innovation to another level by sending an edible resume to a prospective employer. Karly Pavlinac Blackburn,...

DIALOGUE

“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....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...

“A CEO needs to acknowledge the silent majority who create the company’s fortunes” S...

Q. RPG is a diversified group with businesses spread across sectors and domains. however, its brands have a strong individual identity unlike other business...