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The EY report suggestsnbspthat India Inc. is set for an average salary increase of . in , s...
EY, the leading professional services organization, released itsnbspFuture of Pay . The repo...
Business Todays analysis shows the IT industry CEOs salaries increased by , while...
Soaring inflation is set to put a major dent in salary hikes for the second year running in 2023, according to a new survey that sees just 37% of countries globally expecting to report real-term wage hikes. The worst-hit region is likely to be Europe, where real salaries – nominal wage growth minus the rate […]
According to TeamLease HRTech CEO Sumit Sabharwal, It is expected that certain sectors will restore salaries to the pre-pandemic mark. The salary is expected to be restored by the end of this financial year aided by the recovery in economic activities. The companies are trying to work as a pre-pandemic work model only. Sumit Sabharwal […]
Weekday has revealed that engineers working for startups get more annual salaries when compared to Indian IT companies like Wipro, TCS, and Infosys, among others. The data shows that employees are earning tens of lakhs per annum are particularly high if they are working with one of the product startups, instead of IT companies like […]
According to a survey conducted by Aon, Salaries in India are expected to increase by 10.4% in 2023. This salary increase will be slightly lower than that of an annual rise of 10.6% till date in 2022. This global professional services firm analyzed data across 1,300 companies from over 40 sectors in India. Apart from […]
Ritesh Agarwal, the Founder, and CEO of OYO, earned Rs. 5.6 crore in compensation in the last fiscal year, an increase of 250 percent from the year before, according to the firm’s filing with market regulator SEBI. Salary Cuts According to the regulatory filing, it showed that the company has cut the salaries of employees and bonus expenses significantly. Apart […]
According to Willis Towers Watson’s Salary Budget Planning report, companies in India are expected to give a salary hike of 10 percent in 2023. Rajul Mathur, Consulting Leader India – T&R at Willis Towers Watson said, “Despite the economic headwinds, higher projections for 2023 reflect cautious business optimism and a continued tight labour market, WTW Consulting Leader […]
Aon Survey projects 6% salary increase for senior executives in 2021 Global professional services firm Aon Plc has projected a 6% salary hike for senior executives in India this year. According to the latest Executive Rewards Survey in India by Aon, Variable pay for top executives is most impacted by the COVID-19 pandemic, with pay-outs for executives […]
PwC is giving $250 to employees each time they take a full week’s vacation for the next year Management and Consulting firm PricewaterhouseCoopers (PwC) encourages its employees to use their vacation days by paying them a Cash Bonus to do it. The company has announced on Friday, base salary increases across the board as well as an expanded bonus pool, […]
