Compensation & Benefits: HR News, Trends & Workplace Insights

Latest Compensation & Benefits HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Compensation & Benefits.

Updated on: Jun 2022

Industry

Company accidentally paid employee Rs. . cr instead of his actual salary

Jun 29, 2022

Rolls-Royce workers reject , cash bonus

A union representing thousands of Rolls-Royce workers in the UK has rejected the engineering groups...

Industry

Jun 23, 2022

Spotify to slow its hiring by due to Economic Uncertainty

Popular global audio streaming service, Spotify Technology Chief Executive Officer Daniel Ek has inf...

Industry

Jun 16, 2022

Spotify to slow its hiring by due to Economic Uncertainty

Infosys CEO Salil Parekhs Salary Jumps To Rs. Crore

Indias second-largest IT services firm, Infosys chief executivenbspSalil Parekhs total compensat...

Industry

May 28, 2022

Infosys CEO Salil Parekhs Salary Jumps To Rs. Crore

Industry

Microsoft slows hiring due to economic uncertainty

Software giant, Microsoft said it would be slowing down some of its hirings to become more cautious about adding staff. The company would be reducing the pace of hiring people for the software group that develops its Windows, Office, and Teams applications. If the company plans to expand its headcount, new hires for the software […]

May 27, 2022

Compensation & Benefits

Microsoft to double the budget for its employee salaries to retain them

Software giant, Microsoft Corporation CEO Satya Nadella said in a memo to staffers that the company is increasing compensation for its employees as the labor market tightens and employees contend with increasing inflation. Microsoft has planned to “nearly double” its budget for employee salary increment and boost the range of stock compensation to give some workers by […]

May 17, 2022

Industry

IndiGo pilots upset with 8% pay hike after 28% cut

Pilots of India’s largest passenger airline, IndiGo are disappointed over the recent 8 per cent salary hike announced by the airline. They were expecting the restoration of the 28 per cent cut, that was imposed two years back. “Around 28 per cent of our salary was cut during the pandemic, instead of restoring it to […]

Apr 5, 2022

Compensation & Benefits

The Right Process to Identify Pay Inequality and Fix It

Pay inequality is real and statistically established. It has always been there, in all societies and nations, industries all and sundry, regulated or unregulated. Legislations to combat unfair pay has had some effect over the past couple of centuries but there is a long way to go still before we can eliminate this evil from […]

Sep 7, 2021

Industry

Wipro’s new Rewards & Benefits programs to retain its employees

Recently in an Interview with SightsIn Plus, Saurabh Govil, President and CHRO, Wipro Ltd said that Attrition has always been a concern for the industry however now we are witnessing an unprecedented war for talent. He added, “We look at attrition at different levels. One level is the point at which attrition is happening and […]

Aug 31, 2021

Compensation & Benefits

Major Compensation Challenges in 2021

Major Compensation Challenges in 2021 As the fiscal draws to a close and COVID-19 vaccination already a reality, there is hope all around. Many countries including India are projected to have a V-shaped recovery and uncertainties of the last 6 months are now, for the most part, behind us. This optimism brings interesting challenges for […]

Feb 24, 2021

Compensation & Benefits

Top C&B Trends to Look-out for in 2021

Top C&B Trends to Look-out for in 2021 Compensation is one of the key differentiating factors for an organization to remain at the top. Many studies and analysis of exit interviews reveal that one of the main reasons for attrition, especially at entry-level to middle management, is compensation. Hence, to remain competitive, devising a compensation plan that […]

Feb 22, 2021

Compensation & Benefits

Incentive & Variable Pay Trends in 2021 and Beyond

Incentive & Variable Pay Trends in 2021 and Beyond Remuneration continues to remain one of the prime drivers of human behavior in contractual relationships. To orient strive of people and to shape outcomes, changes in remuneration structure & formats have been a continuous effort for long. Though form & extent of mix varies among different […]

Feb 21, 2021

Compensation & Benefits

Human Resources Budget-2021, Challenges Post COVID-19

Human Resources Budget- 2021, Challenges Post COVID-19 We all come across phrases like “This is the new normal”. I do not believe in the statement as there is nothing called a new normal. What seems new normal today, organizations are going to evolve and make processes and strategies to deal with the situation till another […]

Feb 1, 2021

Compensation & Benefits

Top 5 Employee Compensation Trends for 2021

Top 5 Employee Compensation Trends for 2021 Throughout 2020, the COVID-19 pandemic challenged every aspect of life and society as we knew it. In the business world, the HR function became pivotal in helping steer their organization’s response to the pandemic and contribute to a strategy for recovery in 2021 and help strengthen resiliency against […]

Jan 14, 2021

Compensation & Benefits

Compensation & Benefits Trends for the year 2021

Compensation & Benefits Trends for the year 2021 The economic effects of COVID-19 have forced companies to re-evaluate and be cautious of the compensation structure, and salary increment budget for 2021. According to a recent publication by Mercer, 6 out of 10 organization in APAC are uncertain how the COVID-19 induced pandemic will impact the 2021 […]

Jan 7, 2021

Compensation & Benefits

HR Budget-2021, Challenges Post COVID-19

HR Budget-2021, Challenges Post COVID-19 We all come across phrases like “This is the new normal”. I do not believe in the statement as there is nothing called a new normal. What seems new normal today, organizations are going to evolve and make processes and strategies to deal with the situation till another crisis hits […]

Dec 8, 2020