Explore the latest Compensation news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.
Infosys CEO Salil Parekh recently addressed concerns over low salary hikes and toxic work culture cl...
In FY, Larsen amp Toubro LampT, reported a significant disparity in pay hikes between its to...
Bengaluru-based IT giant Infosys is set to begin rolling out pay hike letters to its employees start...
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 […]
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 […]
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 […]
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) […]
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 […]
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 […]
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, […]
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 […]
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 […]
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, […]
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 […]
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 […]
