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A lot of IT companies in India have struggled with significant attrition rates over the previous sev...
Employees in India will see bigger pay rises next fiscal year as firms expect to emerge from lockdow...
Indias second-largest IT firm, Infosys has announced that it will be rolling out salary hikes...
Online grocery delivery platform Grofers announced on Monday that it will offer a 33 per cent hike in salary to its tech team effective July 2021, along with a “hefty ESOP allocation” as the online grocery delivery platform looks to retain staff and woo more tech talent. The SoftBank-backed company, which plans to launch an […]
Cognizant, Accenture, TCS, PwC India announced bonus, promotions, and salary hike in March 2021 IT services major Cognizant said earlier this month that it is offering bonuses that are “substantially higher than 2019” and has promoted more than 24,000 employees across levels. The step, aimed at helping the company stem attrition, will also see Cognizant […]
Average Salary Hike will be 7.7% in 2021: Aon Survey According to the latest Aon Survey, Companies in India are likely to offer a 7.7 per cent salary increase in 2021, one of the highest among the BRIC nations, and higher than the average actual increase of 6.1 per cent in 2020, says a survey. […]
MRF announces one month’s salary as bonus for employees after a sharp recovery in the business Tyre manufacturing giant, MRF limited has announced one month’s salary as a bonus to its employees who didn’t get increments in the year 2020. According to an ET report, “We are disbursing, to all MRF staff who went without […]
India to see average salary increase of 6.4 pc in 2021: Survey Salaries in India are projected to rise by an average of 6.4 per cent in 2021, marginally higher than the average actual increase of 5.9 per cent in 2020, according to a Willis Towers Watson survey. According to Willis Towers Watson’s latest Salary […]
Almost 90% of companies planning salary hikes in 2021- Aon India Survey In what may bring some cheer to the pandemic-hit India Inc’s workforce, global professional services company Aon’s latest Salary Trends Survey in India has projected that 87 per cent of the surveyed companies plan to give salary hikes in 2021. The share of companies projected to offer […]
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 […]
Cognizant starts promotions this week for associates According to a moneycontrol report, Cognizant will start rolling out promotions for employees this week effective October 1, 2020. The promotions announced are for employees up to the associate level. Promotions for senior employees will be announced in January-March 2021 quarter, the company said in an email to […]
