Latest Salary Hike HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Salary Hike.
LIC rolls out salary hike, -day-work week, and special allowance After a long time, Life Insura...
Infosys to hire , from campuses in FY, salary hike from July, attrition . in Q Indias s...
Tata Sons Restores Pay and offers Salary Hikes from April Tata Sons, the holding company of Tat...
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 […]
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 […]
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. […]
Bharat Forge has signed a new wage agreement with workers, effective from July 1, 2019 to June 30, 2022 Bharat Forge has signed a three-year wage agreement giving employees a hike starting from Rs 14,500 to Rs 15,600 per month. Following this, the average wage levels at Bharat Forge will now be in the range […]
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 […]
Overview: Salary Increments in 2020 and forecast for 2021 India Inc offered the lowest ever salary increments to employees in 2020 as COVID-19 disrupted the economy. According to an Aon Survey the ‘Salary Trends Survey 2020 – 2021, the average salary hike in 2020 stood at 6.1 percent, which is the lowest level seen in 25 […]
Wipro to roll out salary hikes for junior level employees from January 1 IT major, Wipro is rolling out salary hikes for its junior employees (B3 and below) who are eligible, effective January 1, 2021. The junior band B3 and below comprises of 80% of its total workforce. According to TOI Report, all eligible employees […]
Accenture pays bonuses, plans significant promotions in December cycle IT major, a Fortune Global 500 company, Accenture has rolled out bonuses to most of its staff working in India, and the company is also planning a significant level of promotions in December cycle. According to TOI report, Accenture has also hiked salaries of junior and mid-level employees […]
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 […]
Wipro to Raise Salaries of 80% Workforce by December 1, 2020. IT major, Wipro confirms its plan to roll out a single-digit salary hike for nearly 80 per cent of its employees, effective December 1. In Conversation with SightsIn Plus, Wipro CHRO Saurabh Govil said, “The Majority of our workforce (over 98%) continues to operate […]
Indian companies to offer better salary hikes in 2021: Aon According to a survey by global human resource consultancy Aon, people working in Indian companies will likely to get better salary hikes in the upcoming year compared to 2020. At present companies are betting on higher consumer demand due to enhanced government spending and bumper […]
