Latest Compensation HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Compensation.
Advisory firm Institutional Investor Advisory Services India Limited IiAS has opposed the proposal...
The oil company, Shell is handing nearly all of its , staff a bonus equivalent to of their s...
Indias largest passenger airline, IndiGo is planning to restore the salaries of pilots by percent...
Refyne has announced its salary on-demand service that is available on WhatsApp. It will help employees access their paychecks in real-time. It will provide customers with a fast, seamless, and convenient way to access their salaries in real-time. The users can simply send a WhatsApp to Refyne. The company will then guide them through some quick […]
The company mistakenly paid 286 times an employee his salary last month. The company paid the employee 165,398,851 Chilean pesos (Rs 1.42 crore), instead of 500,000 pesos (Rs 43,000). This incident took place in the human resources area of Consorcio Industrial de Alimentos (Cial). On May 30, one of the company’s workers approached the deputy manager of […]
The Ford India plant will shut down soon. About 2,000 workers of Ford India Pvt Ltd’s plant are hoping for some good news from the management in respect of their severance package. According to Union officials, around 1,000 workers are inside the Ford India plant at Maraimalainagar and about 700 are outside the gates. The workers of this […]
A couple of rounds of talks on the compensation to be paid to the workers have been held between the representatives of Ford India Private Ltd‘s workers and the management, said a worker union leader. He said the company management wants to conclude the talks and arrive at a settlement by February 2022. “Couple of rounds of […]
Last week, India’s second-largest IT services provider company, Infosys has announced its Q3 financial results for the quarter ending on December 31, 2021. The company has reported an extremely strong quarter with 7% sequential growth and 21.5% year-on-year growth in constant-currency terms. Salil Parekh, Chief Executive Officer and Managing Director of Infosys said, “Our year-on-year […]
Remote Working: An Additional Lens to View Compensation As economists continue to debate if the pandemic can be categorized as a black or a white swan event it’s clear that the future reward agenda cannot remain grey! With organizations trying to control costs and employees prioritizing job security over the customary annual raise the time […]
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 […]
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 […]
Tata Consultancy Services declares a pay hike for employees, effective October 1, 2020 India’s biggest IT company TCS has announced that the salary hike for its employees will be rolled out effective October 1, 2020. The company consolidated headcount stood at 453,540 as of September 30, 2020. TCS said it is continuing investments in organic […]
Compensation & Benefits (C&B) trends post COVID-19 COVID-19 has dealt with irreparable blows to human lives, economy, and nations in 2020. In business management, it has not only redefined every tenet of human capital strategy but also shaken the very foundations of wisdom and beliefs on which our HR architecture is built. Although no area […]
Big Reset: Reviewing Compensation & Benefits Strategy in New Normal This unprecedented global pandemic is disrupting supply chains, consumer spending, business productivity, employee well-being, and the foundations of the way we work. As the “RESPOND” phase approaches, one of the key priorities for many companies is to conserve cash and ensure continuity. The COVD-19 crisis […]
Variable Compensation and Its Relevance in the ‘New Normal’ All organizations value their human capital which is the most critical part of any organization’s success. In order to attract and retain talent in a tight volatile market, it’s imperative to offer compelling compensation and benefits packages to its employees. In most of the organizations, employee […]
