Explore the latest Compensation news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.
Recent data reveals a significant increase in employee compensation across various sectors in India....
Mohandas Pai, former CFO of Infosys and current Chairman of Aarin Capital, has raised a critical iss...
In an exclusive conversation with SightsIn Plus, the discussion focused on the trends in compensatio...
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 […]
Infosys, one of India’s leading IT services companies, has announced an impressive 85% average performance bonus for its eligible employees. This bonus is a result of the company’s strong performance in the second quarter of the fiscal year 2024-25, which ended in September. The bonus will be credited alongside employees’ November salaries, with individual payouts […]
Ministry of Defence has announced a 40-day productivity-linked bonus (PLB) for eligible civilian employees of AOC and Indian Army. This bonus applies to the financial year 2023-24. This decision, backed by presidential sanction, acknowledges the essential contributions of these employees to national defence. Defence Civilian Staff: Eligibility and Coverage The PLB covers Group B (Non-Gazetted) […]
Paytm parent company, One97 Communications Limited, has announced the allocation of over 4 lakh equity shares to its employees under the Employee Stock Option Plan (ESOP). This move is part of Paytm’s ongoing commitment to incentivize and retain its top talent, especially in a competitive market environment. ESOP Allocation Details and Impact The company has […]
Tata Consultancy Services (TCS) has announced a reduction in the variable pay of its senior staff for the July-September quarter due to a challenging demand environment and economic uncertainties. This decision comes as the company navigates through a period of slower growth and market volatility. TCS Variable Pay Reduction Details TCS has linked the variable […]
DTDC Express, the Indian express logistics firm, has recently rolled out a comprehensive set of health and wellness initiatives aimed at enhancing the well-being of its operational staff and delivery associates. These initiatives come as part of the company’s commitment to prioritize the health and happiness of its workforce during the festive season. Financial Security […]
Assam government, led by Chief Minister Himanta Biswa Sarma, has approved a 3% increase in dearness allowance (DA). Effective from July 2023, this decision aligns the state’s DA rate with that of central government employees, bringing it to a total of 53%. Assam Government DA Hike: Key Details The revised DA will be reflected in […]
The Department of Pension and Pensioners’ Welfare has recently rolled out a significant change in the pension application process for retiring central government civil employees. This move aims to streamline the submission of nominations related to pension arrears and pension commutation. New Form: Simplifying Pension Claims The centerpiece of this transformation is the newly introduced Single […]
