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The top global steel company, Tata Steel Jamshedpur has announced annual bonus and a Rs K good...
The microblogging platform, Twitter has recently informed its employees that they would be receiving...
GX Group rolled out bonus of one months basic salary in April GX India rolled out bonus ...
Accenture to give one-week base pay as a one-time bonus IT and professional services company Accenture on Thursday said it will give one week of base pay as a one-time bonus to all its 5 lakh employees across the world for their contribution during the challenging year. The move will benefit around 2 lakh employees […]
Deutsche Bank announces 29% hike in bonuses Germany’s largest lender Deutsche Bank announced Friday a 29-percent hike in 2020 bonuses despite warnings from the European Central Bank to keep payouts in check while the pandemic pummels the economy. Deutsche Bank said it paid just under 1.9 billion euros ($2.3 billion) in variable remuneration last year […]
PwC India announces special bonus for all 15,000 employees Audit firm PwC India on Thursday announced a special one-time bonus for all its 1,500 employees as an appreciation for the unrelenting commitment and efforts during the COVID-19 pandemic. The past one year has been one of the most challenging and disruptive years for business, not only for […]
Amway India rolls out promotions, salary hikes, and bonuses According to the ET report, Amway India, one of the world’s largest Direct Selling Company, has announced a 109% bonus in 2021 to all of its employees across all functions and levels. Shantanu Das, Chief Human Resources Officer of Amway India said “We at Amway India […]
Cognizant rolls out bonus, promotions, and wage hikes for employees According to media reports, Cognizant the US-based IT company is declaring to roll-out salary hikes for 1.6 lakh employees and promoted 24,000 employees globally. The move aimed at curtailing staff attrition, which had seen 3,000 leaving the company in 2020. Rajesh Nambiar, Chairman & Managing […]
BankBazaar to hire 500 people by March, roll out pay hikes effective January 1, 2021 BankBazaar.com on Wednesday said FY21 will be a year of growth for the fintech company despite challenges, and it plans to hire over 500 people over the next few months to support business expansion. The company will also roll out wage hikes […]
Salary cuts are getting rolled back, getting back to Normal? After reducing salaries owing to the pandemic, various companies are now bringing remunerations back to normal. Over the last three weeks, several technology bellwether firms like TCS, Infosys, Wipro, HCL, Tech Mahindra and Mindtree, etc have announced plans to give out salary increments and bonuses. […]
Tech Mahindra to roll out salary hikes in early 2021 According to a money control report, IT services major, Tech Mahindra has announced that it will roll out salary hikes in a phased manner in 2021 starting with its junior-most employees. CP Gurnani, CEO, Tech Mahindra, said in an earnings call on October 23, “We are […]
