Latest Compensation & Benefits HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Compensation & Benefits.
According to WTWs latest Salary Budget Planning Report, the median salary hike in India is forecast...
An Indian multinational information technology company, Infosysnbspis planning to give an average ...
As per the media reports, it is expected that Wipro may skip salary hikes for top performers with hi...
HCLFoundation, which delivers the corporate social responsibility agenda of HCLTech in India, has signed a memorandum of understanding (MoU) with Stanley Black & Decker, a worldwide leader in tools and outdoor powered equipment, to skill youth in India to make them employable in the manufacturing industry. Stanley Black & Decker will establish training and development […]
An Indian multinational information technology company, Infosys to roll out wage hikes for employees from November 1. The company will skip campus hiring this year as it has a ‘way to go’ on utilization. However, it is monitoring the situation every quarter. Infosys Nilanjan Roy, Chief Financial Officer (CFO) said, “Wage hikes are announced and will […]
An Irish-American professional services company, Accenture will not hike salaries for Indian and Sri Lankan employees for fiscal year 2023. Accenture is also postponing promotions across senior management until June 2024. The company experienced a macro environment which was more challenging than anticipated at the beginning of FY23. As reported by the Economic Times, In an […]
An Indian multinational corporation that provides information technology, Wipro to roll out merit salary increases, effective by December 1. As per the reports of The Economic Times an email to employees from Chief Human Resources Officer Saurabh Govil said, “Despite the current challenging and uncertain global market conditions, we are pleased to announce that our […]
An Indian online food ordering and delivery platform, Swiggy delivery team is on indefinite strike as they are seeking pay hike. The strike was started on October 8 and has since then affected the services of Swiggy in the Mumbai region. Meanwhile, Zomato’s services haven’t been impacted yet by the strike. One User said, “If you’ve been […]
An Indian multinational corporation, Wipro to roll out salary hikes in the October-December quarter, an average increase is expected at 6%-8%. According to Times of India, it is expected that the top performers at the organization will receive a salary hike in double-digit. Earlier, Wipro had postponed the salary hike of its employees to the […]
An Indian multinational information technology company, Infosys will be beginning a fresh appraisal cycle for its employees. The current performance evaluation at Infosys is for October 2022 to September 2023. The company will start its ‘performance review cycle–October 2023’ with self-evaluation on September 29. According to Economic Times, In the previous year, the appraisal process […]
The salary deduction can be different but recently a Reddit user shared a post saying that his salary was deducted by the HR after being stuck in company’s elevator. The post recently shared on Reddit said, “My office is on 7th floor and we need elevator to go up and down and from past few […]
Earlier in June, An Indian multinational educational technology company, Byju’s had laid off over 1,000 employees across various departments, including mentoring, logistics, training, sales, post-sales, and finance. According to Money Control report, Edtech Major said in a mail to the laid-off employees, “This is to inform you that the full and final settlement amount will be […]
Salary expectations are intimidating to answer for freshers. IT industry exploiting freshers but pays bigger salaries to seniors, says Ex Infosys director Mohandas Pai Recently, a final-year B.Tech student from NIT Jalandhar took to X (formally Twitter) on the relatively low salaries for fresh graduates and demanding work conditions. He shared a screenshot highlighting the terms and conditions of Tech […]
Due to Covid 19, earlier companies delayed the onboarding for the freshers. Post this the freshers did face the issue of salaries. Recently, a final-year B.Tech student from NIT Jalandhar took to X (formally Twitter) on the relatively low salaries for fresh graduates and demanding work conditions. He shared a screenshot highlighting the terms and […]
The employees who are working with IT companies are experiencing a mixed bag of salary increments. Most IT services-providing companies have announced Nil/less salary increments or deferred salary hikes due to economic uncertainties. Among the top IT companies in India, only TCS has rolled the salary increment for its employees of 12-15 percent. Here is […]
