Explore the latest Compensation news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.
Alliance Insurance Brokers, a leading insurance services provider in India, has announced the issuan...
SpiceJet, one of Indias leading budget carriers, has responded to growing concerns over delayed sal...
Capgemini SE, the French multinational IT services and consulting firm, has announced the launch of ...
The National Apprenticeship Promotion Scheme (NAPS) is set for significant reforms in its second phase (NAPS-2), focusing on broadening youth participation and strengthening India’s skilled workforce. This was detailed in a statement by Minister of State (Independent Charge), Ministry of Skill Development and Entrepreneurship (MSDE), Jayant Chaudhary, in a written reply in the Lok Sabha. […]
Synechron, a leading digital transformation consulting firm, has announced the distribution of restricted stock units (RSUs) to all employees worldwide after surpassing $1 billion in annual revenue. The milestone, achieved in the current fiscal year, marks a significant moment in the company’s 24-year journey from a self-funded startup to a global enterprise. Founded in 2001 […]
Tata Consultancy Services (TCS), India’s largest IT services firm, has resumed its annual salary revision cycle after a five-month delay, offering double-digit hikes to top-performing employees. The company confirmed that the increments, effective from September 1, 2025, will range between 4.5% and 7% for the majority of staff, while exceptional performers will receive hikes exceeding […]
Tata Consultancy Services (TCS), India’s largest IT services firm, has rolled out annual salary hikes ranging from 4.5% to 7% for a majority of its employees, effective September 1, 2025. The increment letters were sent out late Monday evening, marking the end of a five-month delay in the company’s usual April cycle. The hikes apply […]
Mining and metals conglomerate Vedanta Ltd has announced the rollout of Employee Stock Options Scheme (ESOS) worth ₹450 crore for the financial year 2024–25. The scheme, unveiled on August 31, marks one of the largest ESOP allocations in the company’s history and is aimed at enhancing employee ownership, motivation, and long-term retention. The ESOS grants […]
Tata Steel has announced a total bonus payout of ₹303.13 crore for its employees for the financial year 2024–25, following the signing of a memorandum of settlement with the Tata Workers’ Union (TWU) in Jamshedpur. The agreement was formalized on August 28, 2025, in the presence of senior company officials and representatives from the Jharkhand […]
Chandigarh Union Territory (UT) Administration has announced a revision of Deputy Commissioner (DC) rates for the financial year 2025–26. The updated rates, which reflect an average hike of 5%, will benefit nearly 20,000 contractual and outsourced employees working across various departments, boards, corporations, public sector undertakings (PSUs), and autonomous bodies under the UT administration. The […]
Microsoft employees have once again turned to crowdsourced spreadsheets to share detailed compensation data, offering a rare glimpse into the tech giant’s pay structures. The spreadsheet, which has already collected over 850 entries, includes self-reported information on base salaries, cash bonuses, and stock grants across various roles and divisions. While the data is unofficial and […]
Infosys, India’s second-largest IT services company, has announced an average bonus payout of 80% for eligible employees following a strong first-quarter performance in FY26. The payout, which will be processed with August salaries, marks a significant increase from the previous quarter’s average of 65%, signaling renewed confidence in business momentum and employee contributions. The bonus […]
DEE Development Engineers Limited, a leading provider of process piping solutions for the oil & gas, power, and industrial sectors, has announced the allotment and listing of 74,296 equity shares under its Employee Stock Option Plan (ESOP) 2023. These shares have been listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), […]
IT services major Cognizant has announced that approximately 80% of eligible employees will receive salary hikes effective November 1, 2025, reaffirming its commitment to performance-based rewards and talent retention. The annual increment cycle was originally scheduled for August but faced a three-month delay. This postponement was due to macroeconomic factors, including uncertainties related to tariffs. […]
OpenAI, the Microsoft-backed artificial intelligence research firm behind ChatGPT, has announced million-dollar bonuses for approximately 1,000 employees, representing nearly one-third of its workforce. The bonuses are aimed at retaining top talent in the face of intensifying competition from tech giants and startups aggressively recruiting AI researchers and engineers. OpenAI announced the news just ahead of […]
