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An all-in-one X delivery platform,nbspDunzo has promised its employees to pay yearly intere...
EY released its Future of Pay reportnbsphighlighting talent, attrition, and compensation tren...
Many employees face work culture struggle. Recently, for the first time, a video has been circulatin...
This salary data came from an internal spreadsheet shared among Google employees that contained information on more than 12,000 US workers. In the middle of layoffs and a salary freeze, Google is paying its employees a high salary. Google employees were reported to have earned an average total compensation of $279,802 (approximately Rs. 2.3 crore) in […]
A Twitter user @nearcyan has recently shared an interesting story about his dinner with two Google employees. The Twitter handle @nearcyan has shared a tweet saying, “had dinner with two Google employees and they got into a bragging competition about who works fewer hours, the guy @ 2 hrs/day for 500k tc won.” “Man is […]
After Infosys, HCLTech another IT giant, Wipro has also announced a delay in its wage hike cycle for the fiscal year. Chief Financial Officer Jatin Dalal said, “We did our last salary increase in September of last year, and we plan to do that for this year sometime in quarter three.” Wipro has announced that […]
Telecom companies Airtel and Vodafone Idea have rewarded their employees with 7-8 per cent pay increments for the financial year 2023 (FY23). Airtel has given top talent a 110 percent bonus, and Vodafone Idea followed with a 100 percent bonus. However, Reliance Jio has not announced the increments till now. Increment plays an important role […]
HCLTech, a leading global technology company, announced its financial results for Q1FY24, the quarter ended June 30, 2023. C Vijayakumar, CEO, and Managing Director, HCLTech, said, “In Q1FY24, our revenue and people strength sequentially moderated in line with the demand environment.” “We delivered a 6.3% YoY growth in constant currency. We experienced strong growth in […]
India’s largest IT services firm, Tata Consultancy Services (TCS) reported its consolidated financial results for Q1FY24 the quarter ending June 30, 2023. The IT giant reported a 16.84 per cent year-on-year (YoY) rise in its consolidated net profit. But on a quarter-on-quarter (QoQ) basis, TCS’ consolidated net profit was down 2.8 per cent. K Krithivasan, […]
India’s second-largest IT giant Infosys has deferred the salary hikes of its employees which it usually rolls out from April for its employees below the senior management level. Earlier also in the 2020, pandemic year, the company froze hikes and then rolled out hikes in January 2021. Usually, Infosys rolls out pay hikes for employees […]
Reliance and Goggle-backed Dunzo has deferred 50% salaries of its 500 employees in manager-level positions and above. The company at present has around 1,000 employees. According to Business Standard, “All employees manager grade and above have only received 50 percent of the salary of June. Rest company says they will pay it later between July […]
When companies increase the pay of any employee it is a long process and when employees discuss the pay hike it has a mixed reaction from companies end. Recently, a Reddit user shared his experience during the salary increase discussion. The post has discussed the reaction that the employee received when he tried discussing his pay hike […]
Shivanshi Verma the employer and founder of the healthcare app HealthTick explained that an employee, she hired is a ‘high-integrity’ staffer and even after increasing the salary the employee refused. Explaining the ‘high-integrity’ of the employee the founder has explained that she has hired an employee after college. The founder shared a post on Twitter saying, […]
The flag carrier of India, Air India has recently revised the job contracts for non-flying staff with retrospective effect from 1 April. The changes are as per the market standards and promote efficiency. The airline has recently introduced a performance-linked variable pay component. The revision will be as per the below guidelines:- Chief executive officer (CEO) and […]
According to the ET reports, An Indian low-cost airline, Akasa Air increases the salary by 40% and it will be effective from July 1, 2023. Commenting on the salary hike, a person aware of the development said: “The quantum of salary hike is more for junior pilots because they are the future of the airline […]
