Latest Compensation & Benefits HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Compensation & Benefits.
According to ET report, an Indian multinational information technology company, Infosys handed over ...
Job aspirants from to sought employers who valued and prioritized work-life balance. The C...
According to the reports of WTWs latest Salary Budget Planning, It is expected that the median sala...
An Indian multinational educational technology company, Byju’s has delayed the November salary of around 1000 employees. The company generally transfers the salaries on the first of each month. According to Economic Times reports the company said, “We have noticed a delay in processing salaries for some limited employees due to an unexpected technical glitch.” “The […]
According to WTW’s latest Salary Budget Planning Report, the median salary hike in India is forecasted to rise by 9.8% in 2024, close to the actual salary increase of 10% in 2023. The report looks at a range of job grades across various industry sectors summarizes the findings of WTW’s annual survey on salary movement […]
An Indian multinational information technology company, Infosys is planning to give an average payout of 80% to employees in its quarterly performance bonus. This is higher variable pay than the company had given earlier, 60 per cent average variable pay in April 2023 quarter and 70 per cent in the June 2022 quarter. An official communication […]
As per the media reports, it is expected that Wipro may skip salary hikes for top performers with higher compensation packages in the upcoming round of salary increases effective by December 1. According to Reuters, Nagendra Bandaru, managing partner and president of the “Enterprise Futuring” business line told employees in an e-mail, “We are doing […]
HCLFoundation, which delivers the corporate social responsibility agenda of HCLTech in India, has signed a memorandum of understanding (MoU) with Stanley Black & Decker, a worldwide leader in tools and outdoor powered equipment, to skill youth in India to make them employable in the manufacturing industry. Stanley Black & Decker will establish training and development […]
An Indian multinational information technology company, Infosys to roll out wage hikes for employees from November 1. The company will skip campus hiring this year as it has a ‘way to go’ on utilization. However, it is monitoring the situation every quarter. Infosys Nilanjan Roy, Chief Financial Officer (CFO) said, “Wage hikes are announced and will […]
An Irish-American professional services company, Accenture will not hike salaries for Indian and Sri Lankan employees for fiscal year 2023. Accenture is also postponing promotions across senior management until June 2024. The company experienced a macro environment which was more challenging than anticipated at the beginning of FY23. As reported by the Economic Times, In an […]
An Indian multinational corporation that provides information technology, Wipro to roll out merit salary increases, effective by December 1. As per the reports of The Economic Times an email to employees from Chief Human Resources Officer Saurabh Govil said, “Despite the current challenging and uncertain global market conditions, we are pleased to announce that our […]
An Indian online food ordering and delivery platform, Swiggy delivery team is on indefinite strike as they are seeking pay hike. The strike was started on October 8 and has since then affected the services of Swiggy in the Mumbai region. Meanwhile, Zomato’s services haven’t been impacted yet by the strike. One User said, “If you’ve been […]
An Indian multinational corporation, Wipro to roll out salary hikes in the October-December quarter, an average increase is expected at 6%-8%. According to Times of India, it is expected that the top performers at the organization will receive a salary hike in double-digit. Earlier, Wipro had postponed the salary hike of its employees to the […]
An Indian multinational information technology company, Infosys will be beginning a fresh appraisal cycle for its employees. The current performance evaluation at Infosys is for October 2022 to September 2023. The company will start its ‘performance review cycle–October 2023’ with self-evaluation on September 29. According to Economic Times, In the previous year, the appraisal process […]
The salary deduction can be different but recently a Reddit user shared a post saying that his salary was deducted by the HR after being stuck in company’s elevator. The post recently shared on Reddit said, “My office is on 7th floor and we need elevator to go up and down and from past few […]
