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Wipro to Raise Salaries of Workforce by December , . IT major, Wipro confirms its plan to r...
Cognizant announces hikes amp promotions to its employees Cognizant, one of the worlds lead...
Wipro to roll out Promotions amp Increments by December and will robust hiring for the second...
Wipro will promote ‘high performers’ up to band B3 in Dec 2020, which form about 80% of its workforce Wipro Ltd will promote its high-performing employees in December, rewarding them for ensuring business continuity during the pandemic. Wipro spokesperson said, “Our employees showed remarkable resolve and resilience in ensuring seamless business continuity and maintaining high standards […]
IT major, Infosys has started to make some decisions on promotions and salary hikes for some employees and will review it by the end of the current quarter, which ends in September Salil Parekh, CEO, Infosys said in an interview, “We had an extremely high variable pay number last quarter, and will continue with that […]
Infosys to resume deferred promotions of junior and mid-level employees in September Infosys, India’s second-largest IT services firm, is all set to offer promotions to mid and junior-level (around 2.4 Lakh) employees by September 2020. According to an ET report, “Promotions will mainly be given to junior and mid-level employees, which were deferred in April […]
Cognizant to resume a single promotion cycle from October 1 for all levels Teaneck headquartered IT Major, Cognizant which has two promotions cycles – March and October, has confirmed to resume a single promotion cycle from October 1 for all levels. According to the Moneycontrol report, Becky Schmitt, Chief People Officer of Cognizant, said in […]
Future Generali India Insurance Company Limited announces promotions, annual increments and variable payouts for all its employees Amidst the ongoing economic and COVID-19 crisis, Future Generali India Insurance Company Limited (FGII), the general insurance arm of the joint venture between retail giant Future Group and global insurer Generali, announced promotions, annual increments & variable payouts […]
Capgemini India rolls out wage hikes and promotions effective 01 July 2020 Admit the COVID-19 pandemic when most companies in India have withheld salary hikes and effected pay cuts, Capgemini has rolled out wage hikes and promotions for all its employees in India. The quantum of hikes is said to be in high single digits. In April, the […]
Consulting firm PricewaterhouseCoopers (PwC India) has said it will announce promotions, compensation revisions, and bonus payouts for employees on October 1, 2020. The Company said, Performance scores for FY20 have already been shared with staff, and promotions and compensation changes will probably be introduced on October 1 and be efficient from that date. “Today we […]
Consulting firms Deloitte, KPMG, PwC, EY defer salaries and promotions, Partners take pay cuts The Indian arms of the four large consulting and auditing firms, PwC India, Deloitte India, KPMG, and EY India have all decided to defer their employee appraisal cycles, which includes deferring promotions and bonuses, because of the COVID pandemic- CNBC reports. […]
IFFCO-Tokio General Insurance hires 400 during the lockdown and rolled out annual increments Iffco Tokio General Insurance has on-boarded 400 staff between March and May during the lockdown period. The hiring of some of the employees was planned in the first quarter but the lockdown shifted its plans. The company has completed the process over […]
Despite the lockdown due to coronavirus pandemic, French car manufacturer, Renault India is giving a pay hike of 15% to its employees and promotions for the fiscal year 2021. The company is giving the pay hike to 250 employees and promotions to over 30 executives, with effect from August 2020. The salary hike of Renault […]
Motilal Oswal Financial Services has announced the payment of bonuses and performance-linked variable pay to the entire 6,000-plus employees of the group. Sudhir Dhar, Executive Director – Group CHRO at Motilal Oswal Financial Services Ltd said, “It gives immense satisfaction and comfort that we’ve been able to announce the bonus and promotions even during this lockdown.” He also […]
Tata Steel has confirmed that it will honour all job offers made to new hires. The company has conducted online onboarding of 96 officers, including management trainees over the months of April and May. “We have ensured that all the candidates that accepted their offers for jobs were on-boarded on the date committed to them,” […]
