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: Aug 2022
TCS employees to get 6-8% salary hike this year
Compensation

TCS employees to get 6-8% salary hike this year

India’s largest IT services provider company, Tata Consultancy Services (TCS) has said that the IT company gave a salary hike of 6-8% in FY22 and will be looking at similar increments with an upward bias in FY23. TCS Chief, Rajesh Gopinathan has received Rs 25.76 crore total compensation in FY22. This is nearly a 27% jump from […]

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EY staff paycheques were reversed from staff accounts due to error
Compensation

EY staff paycheques were reversed from staff accounts due to error

The leading global professional services organization, Ernst & Young Global Ltd. (EY) U.S. employees’ paycheques were accidentally reversed by the payroll provider ADP. The salary was erroneously reversed on EY’s July 15 payroll impacting the US employees. The company was working urgently with ADP to fix the error. This has affected all of its roughly 55,000 US […]

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Government is likely to hike Dearness Allowance by 4%
Compensation

Government is likely to hike Dearness Allowance by 4%

According to media reports, the Central government employees are likely to get a hike in Dearness Allowance next month. They have been waiting for a hike in their salary for quite some time. Although these are early speculations only. The employees will have to wait for an official announcement on the matter. Dearness Allowance (DA) […]

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