Explore the latest Compensation news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.
A staggering , state government employees in MP have gone without salaries for the past six mon...
Wipro, one of Indias leading IT services companies, has announced an average variable pay of fo...
Beauty and content commerce startup Good Glamm Group is facing severe financial difficulties, leadin...
The Indian IT sector has witnessed a significant rise in salaries, with median pay increasing between 12% and 37% since FY21. Leading firms such as Infosys, Wipro, Cognizant, and Accenture have reported substantial salary hikes, reflecting business expansion, competitive hiring, and evolving workforce dynamics. While Infosys and Wipro recorded a 30% increase in median compensation, […]
Indian Overseas Bank (IOB) has signed a Memorandum of Understanding (MoU) with the Tamil Nadu government to offer a tailored salary package for state government employees. The agreement, formalized on May 19, 2025, aims to enhance financial security and banking accessibility for thousands of government workers. The Tamil Nadu State Government Salary Package (SGSP) includes […]
Global IT consulting giant Accenture has rolled out salary hikes ranging from 3% to 13% for employees at Level 8 (Associate Manager) and above, marking the first such increment in two-and-a-half years. The move signals cautious optimism amid ongoing economic and geopolitical uncertainties. While the highest salary hike bracket reaches double digits, employees remain lukewarm […]
India’s leading IT firms, Infosys and Wipro, have reported a 30% increase in median employee salaries since FY21. While Tech Mahindra saw a modest increase, global firms like Cognizant and Accenture experienced more moderate hikes. However, the growth rate of annual increments is showing signs of cooling, influenced by factors such as competitive intensity, attrition, […]
India’s second-largest IT services firm, Infosys, has announced a 65% bonus payout for eligible employees for the fourth quarter of FY25, amid a challenging macroeconomic environment. The decision comes as the company navigates muted client spending, prolonged decision-making cycles, and global economic uncertainties. While Infosys had rolled out an 80% bonus payout in Q3FY25 and […]
Tamil Nadu government has announced a doubling of the festival advance for its workforce. Chief Minister M.K. Stalin made the announcement in the Legislative Assembly, increasing the advance from ₹10,000 to ₹20,000. The decision, part of a broader set of employee welfare measures, is expected to benefit over 12 lakh government employees and teachers across […]
Infosys employees have been cautioned about lower performance bonus payouts for the fourth quarter of FY25, reflecting continued uncertainties in the software services sector. The Bengaluru-based IT giant reported an 11.7% year-on-year decline in net profit, amounting to ₹7,033 crore, alongside weak revenue guidance for FY26. During a recent conference bridge call, Infosys HR executives […]
Google is overhauling its compensation strategy to better incentivize high performance among employees. According to media reports, the tech giant will enhance bonuses and equity awards for top performers while slightly reducing payouts for those with lower performance ratings. New Structure to Take Effect in 2025 Reviews The revised compensation model is set to influence […]
Talent500 has released its Increment & Compensation Trends in GCCs report, offering a data-rich view into how Global Capability Centers in India are transforming compensation strategies to stay future-ready. The report reveals a dynamic shift in how leading enterprises approach increments, talent investments, and rewards — all in the context of a rapidly evolving business […]
Amazon has announced a major overhaul of its compensation model, shifting its focus toward rewarding long-time top performers while reducing payouts for first-time high achievers. The revised salary structure, which takes effect in 2025, aims to distinguish between employees with sustained excellence and those with fluctuating performance records. Under the new guidelines, veteran employees who […]
Tata Consultancy Services (TCS), India’s largest IT services company, has paid out 100% of the Quarterly Variable Allowance (QVA) to over 70% of its employees for the January–March 2025 quarter. The company stated that variable payouts for other employees were based on individual business unit performance, maintaining its standard practice across quarters. However, reports suggest […]
Google has announced significant changes to its salary structure, aiming to reward high-performing employees while adjusting compensation for those with lower ratings. The modifications, set to impact end-of-year reviews and 2026 compensation planning, reflect a broader trend in the tech industry where companies are raising performance expectations to drive productivity. Key Changes in the Compensation […]
