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An Indian multinational information technology company, Infosys will be beginning a fresh appraisal ...
The salary deduction can be different but recently a Reddit user shared a post saying that his salar...
Earlier in June, An Indian multinational educational technology company, Byjus had laid off over ,...
Salary expectations are intimidating to answer for freshers. IT industry exploiting freshers but pays bigger salaries to seniors, says Ex Infosys director Mohandas Pai Recently, a final-year B.Tech student from NIT Jalandhar took to X (formally Twitter) on the relatively low salaries for fresh graduates and demanding work conditions. He shared a screenshot highlighting the terms and conditions of Tech […]
Due to Covid 19, earlier companies delayed the onboarding for the freshers. Post this the freshers did face the issue of salaries. Recently, a final-year B.Tech student from NIT Jalandhar took to X (formally Twitter) on the relatively low salaries for fresh graduates and demanding work conditions. He shared a screenshot highlighting the terms and […]
An all-in-one 24X7 delivery platform, Mukesh-Isha Ambani-backed startup Dunzo is unable to pay salaries again. DNA India has recently shared the email, Mukesh-Isha Ambani-backed Dunzo e-mail reads, “We sincerely apologize for this delay. Ensuring that you receive your due compensation as early as possible is our top priority.” “Please be assured that we are doing […]
The 2nd largest tea brand globally, Tetley will be increasing the salary of employees by 7% salary. The raise will be effective from 1 April 2023. This will benefit roughly 200 employees working for Tata Consumer Products, the manufacturer of Tetley goods for Canada and the UK. Other Companies Salary Increase / Announcements Tech Mahindra […]
The Indian startup employees got an average salary increment of 8 to 12 percent in 2022-2023. Dipesh Jain, AVP – Talent, Elevation Capital said, “The shift in the market situation has led to a correction in salaries, though largely at the leadership level.” “Interestingly, on the other hand, job seekers are willing to wait longer […]
An Indian low-cost airline, InterGlobe Aviation Limited (IndiGo) has announced a salary hike for pilots and cabin crew effective October 1, 2023. The airline’s senior vice president of flight operations Ashim Mitra said in a memo, “While we regained and started to build our financial strength over this past year, we reviewed and reinstated salaries […]
Earlier reports in February said that an American multinational corporation and technology company Intel Corp will reduce the salary of 5% of base pay for mid-level employees and a 25% reduction in CEO Pat Gelsinger’s salary. “As we continue to navigate macroeconomic headwinds and work to reduce costs across the company, we’ve made several adjustments to […]
A former employee Radhaballav Nath of ManpowerGroup Service Private Limited has cheated his employer of over Rs 4 crore by adding his unemployed wife to the payroll for 10 years. According to Mony Control, ManpowerGroup Service Private Limited was investigating the financial crime and was questioning its data privacy measures. The company came to know […]
The media company, Netflix is offering a salary package of up to $900,000 (Rs 7,40,33,775) to an Artificial Intelligence product manager, The company also said in its post, “At Netflix, we carefully consider a wide range of compensation factors to determine your personal top of the market.” “We rely on market indicators to determine compensation and […]
A specialist in digital transformation, consulting, and business re-engineering services, Tech Mahindra defers salary hikes for senior employees due to a huge drop in net profile in Q1FY24. The decision follows as the quarter nose-diving profits and EBIT margins decline. The company’s EBITDA at USD 163 mn; down 33.7% QoQ, down 31.8% YoY; Margin at […]
Byju’s employee Akansha Khemka from Kolkata has burst into tears in a video message company is forcing her to resign and threatening to withhold her salary beyond August 1. She has been seeking support from the government for saving employees from a ‘toxic‘ work culture. Akansha Khemka has recently shared a LinkedIn Post saying, “I […]
An all-in-one 24X7 delivery platform, Dunzo has promised its employees to pay 12% yearly interest on held-back salaries. The employees will receive interest on the difference amount. To briefly explain the structuring of interest if the employee’s salary is Rs.50,000 and the employee has been paid Rs.25,000. The 12% interest will be on the difference of […]
