Explore the latest Compensation news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.
YesMadam, a leading Indian at-home salon and wellness brand, has unveiled a groundbreaking initiativ...
The central government has recently approved a hike in Dearness Allowance DA and Dearness Relie...
InterGlobe Aviation, the parent company of IndiGo, has approved the grant of , performance stoc...
India’s e-commerce sector is poised for unprecedented salary hikes in 2025, surpassing 10%, according to a recent report by Ernst & Young (EY). This surge in pay growth highlights the sector’s resilience and rapid expansion, driven by technological advancements, increased consumer spending, and the growing digital economy. Despite a slight moderation in salary growth across […]
Amazon CEO Andy Jassy has unveiled a transformative change in the company’s promotion policy during a recent Town Hall meeting. This announcement signifies a major shift away from traditional corporate practices. It focuses on efficiency, meritocracy, and customer-centric results rather than hierarchical growth and large team management. Key Changes in Promotion Policy at Amazon Andy […]
India’s second largest IT giant, Infosys has announced an average salary hike of 5% to 8% after a four-years gap. Infosys has started giving performance-based salary hikes, ranging from 5% to 8%, for employees at Job Level 5 (up to team leaders) and Job Level 6 (managers below vice presidents). Salary Increases by Performance Rating […]
Cognizant, a global leader in IT services and consulting, has begun distributing bonus letters to eligible employees for the year 2024. This announcement comes as a significant morale booster for the workforce, with bonus payouts ranging between 85% and 115% of the target amount. The company has also confirmed that these payouts represent the highest […]
Delhivery Limited, a leading logistics and supply chain services company in India, has recently issued 11,79,486 new equity shares under its Employee Stock Option Plans (ESOP). The allotment was approved by the Stakeholders’ Relationship Committee on March 10, 2025, and reflects Delhivery’s commitment to aligning employee incentives with its long-term business goals. The issuance of […]
Boeing, one of the world’s largest aerospace companies, has announced a significant shift in its employee incentive structure. For the first time, annual bonuses for over 100,000 employees will be tied to company-wide performance rather than individual business unit achievements. This change reflects Boeing’s broader cultural transformation under the leadership of its new CEO, Kelly […]
Deloitte, one of the Big Four accounting firms, has introduced a new policy linking office attendance to performance evaluations for employees in its U.S. tax division. This move, which requires employees to work in person two to three days a week, marks a significant shift in the company’s approach to hybrid work. The policy has […]
Cognizant has addressed concerns about delayed salary hikes, confirming that merit increases for eligible employees will be implemented as planned in August. The company also assured that bonuses for eligible associates will be paid in mid-March. Reports suggesting a delay in the salary cycle are inaccurate, the company stated. In an official statement, Cognizant emphasized […]
LTIMindtree, one of India’s leading IT services companies, has introduced a new appraisal system that ties the annual pay hikes of middle and senior-level managers to the successful completion of competency tests. The decision has sparked discussions across the IT industry, with opinions divided on its implications for employee performance and morale. LTIMindtree’s decision comes […]
Cognizant Technology Solutions Corp., a leading global IT services company, has recently announced the deferral of its annual salary hikes for employees by four months. Initially scheduled for April 2025, the pay increases will now be implemented in August 2025. This decision has sparked significant discussion within the industry, with many attributing the move to […]
In a recent townhall meeting, Cognizant CEO Ravi Kumar S addressed employee concerns regarding the company’s bonus structure and the status of delayed salary hike letters. The townhall aimed to provide clarity on the company’s compensation plans and reassure employees about the company’s commitment to rewarding performance. The townhall provided an opportunity for employees to […]
Tata Consultancy Services (TCS), India’s largest IT services provider, is set to roll out annual salary hikes for the fiscal year 2025, with average increases ranging between 4% and 8%. Offsite employees can expect a hike of 7-8%, while onsite employees may receive a lower increment of 2-4%. To reward excellence, high-performing employees could see […]
