Latest Salary HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Salary.
Many employees face work culture struggle. Recently, for the first time, a video has been circulatin...
This salary data came from an internal spreadsheet shared among Google employees that contained info...
After Infosys, HCLTech another IT giant, Wipro has also announced a delay in its wage hike cycle for...
Telecom companies Airtel and Vodafone Idea have rewarded their employees with 7-8 per cent pay increments for the financial year 2023 (FY23). Airtel has given top talent a 110 percent bonus, and Vodafone Idea followed with a 100 percent bonus. However, Reliance Jio has not announced the increments till now. Increment plays an important role […]
HCLTech, a leading global technology company, announced its financial results for Q1FY24, the quarter ended June 30, 2023. C Vijayakumar, CEO, and Managing Director, HCLTech, said, “In Q1FY24, our revenue and people strength sequentially moderated in line with the demand environment.” “We delivered a 6.3% YoY growth in constant currency. We experienced strong growth in […]
India’s largest IT services firm, Tata Consultancy Services (TCS) reported its consolidated financial results for Q1FY24 the quarter ending June 30, 2023. The IT giant reported a 16.84 per cent year-on-year (YoY) rise in its consolidated net profit. But on a quarter-on-quarter (QoQ) basis, TCS’ consolidated net profit was down 2.8 per cent. K Krithivasan, […]
India’s second-largest IT giant Infosys has deferred the salary hikes of its employees which it usually rolls out from April for its employees below the senior management level. Earlier also in the 2020, pandemic year, the company froze hikes and then rolled out hikes in January 2021. Usually, Infosys rolls out pay hikes for employees […]
When companies increase the pay of any employee it is a long process and when employees discuss the pay hike it has a mixed reaction from companies end. Recently, a Reddit user shared his experience during the salary increase discussion. The post has discussed the reaction that the employee received when he tried discussing his pay hike […]
Shivanshi Verma the employer and founder of the healthcare app HealthTick explained that an employee, she hired is a ‘high-integrity’ staffer and even after increasing the salary the employee refused. Explaining the ‘high-integrity’ of the employee the founder has explained that she has hired an employee after college. The founder shared a post on Twitter saying, […]
According to the ET reports, An Indian low-cost airline, Akasa Air increases the salary by 40% and it will be effective from July 1, 2023. Commenting on the salary hike, a person aware of the development said: “The quantum of salary hike is more for junior pilots because they are the future of the airline […]
According to a Business Insider report originally attributed to The Wall Street Journal, Meta and Google were among the top-paying public companies in 2022. A real-estate-investment company, Vici Properties topped the list with just 22 employees at the top with a median salary of around $415,000. Meta placed the second position offering employees a median […]
According to Economic Times report, Tata Group senior officials have received huge increments ranging from 16 to 60 percent. “CEOs of high-growth companies are being rewarded and have been directed to continue to focus on tapping opportunities and increasing the pace of growth,” the CEO of a Tata Group company said. “There is a big […]
Pay transparency and salary details have increased significantly with job postings in India in recent months to attract the best talent. About 46 per cent of all India job postings on Indeed website now include employer-provided salary information, an increase of 64 per cent in the last one year and 11 per cent in the […]
Earlier in December, Gautam Adani took over the control of New Delhi Television Ltd (NDTV.NS) as the company’s founders decided to sell most of their shares. The Adani Group took control of about 65% of the Indian broadcaster. Now, NDTV has raised the salaries for all verticals and the appraisal process has been transparent. The overall salary […]
For the financial year 2022-23, Infosys Chairman Nandan Nilekani voluntarily chose not to receive any remuneration for his services rendered to the company. The break-up of the remuneration includes fixed salary – base salary, retiral benefits, total fixed salary, bonus/ incentives/ variable pay, perquisites on account of stock options exercised, and commission. The company has just […]
