Compensation: HR News, Trends & Workplace Insights

Explore the latest Compensation news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.

Updated on: Jan 2025

Compensation

Swiggy Grants ESOPs Worth INR , Crore to Employees

Jan 28, 2025

Infosys CEO Addresses Low Salary Hikes and Toxic Work Culture

Infosys CEO Salil Parekh recently addressed concerns over low salary hikes and toxic work culture cl...

Compensation

Jan 17, 2025

Latest news: Infosys CEO Addresses Low Salary Hikes and Toxic Work Culture - SightsIn Plus

LT Reports Significant Pay Gap Between Managers Employees

In FY, Larsen amp Toubro LampT, reported a significant disparity in pay hikes between its to...

Compensation

Jan 13, 2025

Latest news: LT Reports Significant Pay Gap Between Managers Employees - SightsIn Plus

Infosys Employees to Receive Pay Hikes in February March

Bengaluru-based IT giant Infosys is set to begin rolling out pay hike letters to its employees start...

Compensation

Jan 13, 2025

Latest news: Infosys Employees to Receive Pay Hikes in February March - SightsIn Plus

Compensation

Apple Boosts CEO Pay by 18%, Stands Firm Against Anti-Diversity Measure

Apple Inc. has announced an 18% increase in the compensation of its CEO, Tim Cook, raising his total pay to $74.6 million for the fiscal year 2024. This significant pay rise is largely attributed to an increase in stock awards. Tim Cook’s total compensation package for the year includes a $3 million base salary, $58.1 […]

Jan 11, 2025

Compensation

HCLTech Salary Hikes for Juniors; Senior Staff Await Their Turn

India’s third-largest IT services company, HCLTech, has recently announced salary hikes for its junior employees, sparking discussions and anticipation among senior staff who are still awaiting their increments. This move comes amidst a challenging demand environment and uncertainty over discretionary spending, prompting the company to delay wage hikes for mid to senior-level employees. HCLTech Salary […]

Jan 7, 2025

Compensation

Infosys Postpones Salary Hikes to Fourth Quarter of FY25

Infosys, India’s second-largest IT services company, has announced the deferral of its annual salary hikes to the fourth quarter of the current financial year (Q4FY25). This decision comes amidst ongoing challenges in the global market, particularly in discretionary IT services. The company’s Chief Financial Officer, Jayesh Sanghrajka, revealed that while some increments will take effect […]

Jan 6, 2025

Compensation

Jindal Stainless Rewards Employees with 12.42 Lakh Stocks

Jindal Stainless Ltd, the country’s leading stainless-steel manufacturer, has announced the granting of 12,42,736 stock options under its Employee Stock Option scheme. This move aims to reward employees for their commitment and performance while attracting and retaining top talent. Rewarding Commitment and Performance The stock options comprise an equal mix of Employee Stock Options (ESOPs) […]

Jan 3, 2025

Compensation

Employee Compensation Rises by 13% in India

Recent data reveals a significant increase in employee compensation across various sectors in India. According to the Annual Survey of Unincorporated Sector Enterprises (ASUSE) 2023-24, average annual employee compensation at unincorporated enterprises rose by 13% to ₹1.4 lakh per head for the period October 2023-September 2024. This growth reflects a positive trend in the Indian […]

Dec 25, 2024

Compensation

Infosys Ex-CFO Mohandas Pai Highlights Salary Inequality

Mohandas Pai, former CFO of Infosys and current Chairman of Aarin Capital, has raised a critical issue regarding the growing wage disparity in India’s IT sector. In a recent statement, Mohandas highlighted the stark contrast between the salaries of top executives and entry-level employees. He called for urgent reforms to address this imbalance. Infosys Ex-CFO […]

Dec 23, 2024

Compensation

Compensation and Benefits Trends 2025: SightsIn Plus Report

In an exclusive conversation with SightsIn Plus, the discussion focused on the trends in compensation and benefits for 2025. This report highlights the key insights from that conversation. Compensation & Benefits Trends 2025 When considering the industry context for 2025 and beyond, particularly within the financial services sector and Global Capability Centers (GCCs) in India, […]

Dec 19, 2024

Compensation

Delhi Government Approves Salary Hike for DTC Contractual Staff

In a significant move aimed at improving the livelihood of its contractual workforce, Delhi government has announced a major salary hike for Delhi Transport Corporation (DTC) contractual staff. The decision follows recent demands raised by DTC employees during a strike, which highlighted issues such as postings far from their homes and the need for better […]

Dec 11, 2024

Compensation

IIT Graduates Land High-Paying Jobs with Global-Level Salaries

The Indian Institutes of Technology (IIT) have long been recognized as breeding grounds for exceptional talent. Recently, there has been a significant shift in the domestic job market, with top firms offering salary packages comparable to international standards for roles based in India. This trend is particularly evident in sectors such as algorithmic trading, data […]

Dec 6, 2024

Compensation

OpenAI Employees Cash Out Shares Worth $1.5 Billion

OpenAI, the artificial intelligence powerhouse behind ChatGPT, has announced a significant secondary stock sale, offering employees the opportunity to sell shares worth up to $1.5 billion to SoftBank. This move highlights the company’s rapid growth and the increasing value of its shares. Details of the Share Sale The share sale, facilitated by SoftBank’s Vision Fund, […]

Nov 30, 2024

Compensation

Capgemini ESOP Plan Attracts Thousands of Global Employees

Capgemini, a global leader in business and technology transformation, has announced the resounding success of its 11th Employee Share Ownership Plan (ESOP). This year, over 55,000 employees from 32 countries participated in the plan, marking a significant increase from the previous year. The overwhelming response reflects the trust and confidence that employees have in Capgemini’s […]

Nov 28, 2024

Compensation

Citigroup Offers Bonuses to Retain Wealth Management Staff

Citigroup Inc., the Wall Street banking giant, has announced special retention bonuses for dozens of its employees as part of its strategy to prevent further departures from its wealth management unit. The move comes as Citigroup aims to stabilize its workforce and retain key talent amid ongoing organizational changes. Citigroup Addressing Talent Exodus The decision […]

Nov 28, 2024