Explore the latest Compensation news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.
TCS had initially announced its annual salary hike during the QFY results, with increments rangin...
Delhi government has announced a hike in minimum wages for skilled, semi-skilled, and unskilled work...
Odisha government has announced a hike in Dearness Allowance DA for state employees and pension...
Tata Consultancy Services (TCS), India’s largest IT services provider, has announced that salary hikes for the fiscal year 2025 will be reviewed and implemented based on the evolving business environment. The announcement has sparked discussions among employees and industry experts about the future of compensation trends in the IT industry. TCS has emphasized its commitment […]
In a highly competitive artificial intelligence (AI) landscape, Google has adopted an unconventional strategy to retain its top talent. Reports suggest that the tech giant is paying some of its AI staff a year’s salary during extended leave. This primarily includes employees from its DeepMind division. This approach, known as “garden leave,” is designed to […]
YesMadam, a leading Indian at-home salon and wellness brand, has unveiled a groundbreaking initiative to empower its top-performing service professionals. The company has introduced a 0% commission model, allowing its best-performing partners to retain 100% of their earnings. The 0% commission model is designed to reward excellence and dedication among YesMadam’s service professionals. By eliminating […]
The central government has recently approved a 2% hike in Dearness Allowance (DA) and Dearness Relief (DR) for its employees and pensioners. This decision, effective from January 1, 2025, was finalized during a cabinet meeting chaired by Prime Minister Narendra Modi on March 28, 2025. The move is set to benefit over one crore employees […]
InterGlobe Aviation, the parent company of IndiGo, has approved the grant of 50,141 performance stock options under its Employees Stock Option Scheme (ESOS) 2023. The company’s Nomination and Remuneration Committee sanctioned this decision to reward employees based on their performance metrics. The stock options will take effect from April 1, 2025, aligning with SEBI regulations […]
India’s e-commerce sector is poised for unprecedented salary hikes in 2025, surpassing 10%, according to a recent report by Ernst & Young (EY). This surge in pay growth highlights the sector’s resilience and rapid expansion, driven by technological advancements, increased consumer spending, and the growing digital economy. Despite a slight moderation in salary growth across […]
Amazon CEO Andy Jassy has unveiled a transformative change in the company’s promotion policy during a recent Town Hall meeting. This announcement signifies a major shift away from traditional corporate practices. It focuses on efficiency, meritocracy, and customer-centric results rather than hierarchical growth and large team management. Key Changes in Promotion Policy at Amazon Andy […]
India’s second largest IT giant, Infosys has announced an average salary hike of 5% to 8% after a four-years gap. Infosys has started giving performance-based salary hikes, ranging from 5% to 8%, for employees at Job Level 5 (up to team leaders) and Job Level 6 (managers below vice presidents). Salary Increases by Performance Rating […]
Cognizant, a global leader in IT services and consulting, has begun distributing bonus letters to eligible employees for the year 2024. This announcement comes as a significant morale booster for the workforce, with bonus payouts ranging between 85% and 115% of the target amount. The company has also confirmed that these payouts represent the highest […]
Delhivery Limited, a leading logistics and supply chain services company in India, has recently issued 11,79,486 new equity shares under its Employee Stock Option Plans (ESOP). The allotment was approved by the Stakeholders’ Relationship Committee on March 10, 2025, and reflects Delhivery’s commitment to aligning employee incentives with its long-term business goals. The issuance of […]
Boeing, one of the world’s largest aerospace companies, has announced a significant shift in its employee incentive structure. For the first time, annual bonuses for over 100,000 employees will be tied to company-wide performance rather than individual business unit achievements. This change reflects Boeing’s broader cultural transformation under the leadership of its new CEO, Kelly […]
Deloitte, one of the Big Four accounting firms, has introduced a new policy linking office attendance to performance evaluations for employees in its U.S. tax division. This move, which requires employees to work in person two to three days a week, marks a significant shift in the company’s approach to hybrid work. The policy has […]
