Latest Compensation & Benefits HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Compensation & Benefits.
Nearly three weeks after Tata Consultancy Services TCS introduced changes to its compensation stru...
Google is overhauling its compensation strategy to better incentivize high performance among employe...
KPMG and Deloitte, both part of the prestigious Big Four, are among the most sought-after employers ...
In a recent LinkedIn post on ESOPs, a workplace situation sparked a debate when an employee resigned, leaving his manager frustrated. “We gave him a raise!” the manager argued. “No, “the HR representative corrected. “We offered him more ESOPs, not a salary increase.” The employee’s departure emphasizes a simple truth: stock options don’t always meet […]
Tata Consultancy Services (TCS), India’s largest IT services provider, is set to roll out annual salary hikes for the fiscal year 2025, with average increases ranging between 4% and 8%. Offsite employees can expect a hike of 7-8%, while onsite employees may receive a lower increment of 2-4%. To reward excellence, high-performing employees could see […]
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 […]
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, […]
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, […]
The Union Cabinet has delivered an early Diwali gift to Central Government employees by approving a 3% increase in Dearness Allowance (DA). This decision comes just in time for the festive season, providing crucial financial relief to millions of government employees across the country. What Is Dearness Allowance (DA)? Dearness Allowance is a cost-of-living adjustment […]
The labour department has received numerous emails from former employees of Byju’s, stating that they have not yet received their full and final settlements despite several months having passed since their termination. These ex-employees have raised concerns about the delay, expressing their frustration and financial difficulties due to the pending payments. The situation has prompted […]
In the ever-evolving landscape of Human Resources, the integration of Generative AI (Gen AI) has sparked a monumental shift in the management of Total Rewards. With over 18 years of experience in Compensation and Benefits, I’ve had a front-row seat to witness this transformative journey from manual processes to data-driven excellence. The Evolution of Payroll […]
According to the report published by inc42, a global ed-tech company, BYJU’S has reduced the fixed salaries of new Sales hires by 90%. The fixed monthly salary for inside sales associates will be around INR 10,000, down from INR 35,000-INR 40,000 from December 2023. Offer letters issued to inside sales associates show a total annual compensation […]
