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Compensation: HR News, Trends & Workplace Insights

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

Updated on: Jul 2023
Dunzo will pay yearly interest on deferred salaries
Compensation

Dunzo will pay yearly interest on deferred salaries

Jul 28, 2023

Compensation Trends Update Top IT Companies to Telecom

EY released its Future of Pay reportnbsphighlighting talent, attrition, and compensation tren...

Compensation
Jul 26, 2023
Compensation Trends Update Top IT Companies to Telecom

Viral video of BYJUs staff questioning boss over incentives

Many employees face work culture struggle. Recently, for the first time, a video has been circulatin...

Social Media
Jul 24, 2023
Viral video of BYJUs staff questioning boss over incentives

Google salary data, software engr paid Rs . crore base salary

This salary data came from an internal spreadsheet shared among Google employees that contained info...

Compensation
Jul 21, 2023
Google salary data, software engr paid Rs . crore base salary
Google employee claims he works just 2 hours a day, Musk reacts
Social Media

Google employee claims he works just 2 hours a day, Musk reacts

A Twitter user @nearcyan has recently shared an interesting story about his dinner with two Google employees. The Twitter handle @nearcyan has shared a tweet saying, “had dinner with two Google employees and they got into a bragging competition about who works fewer hours, the guy @ 2 hrs/day for 500k tc won.” “Man is […]

Jul 20, 2023
After Infosys and HCLTech, Wipro also defers salary hikes to Q3
Compensation

After Infosys and HCLTech, Wipro also defers salary hikes to Q3

After Infosys, HCLTech another IT giant, Wipro has also announced a delay in its wage hike cycle for the fiscal year. Chief Financial Officer Jatin Dalal said, “We did our last salary increase in September of last year, and we plan to do that for this year sometime in quarter three.” Wipro has announced that […]

Jul 14, 2023
Airtel and VI rewarded 7-8% salary hikes; bonuses up to 110%
Compensation

Airtel and VI rewarded 7-8% salary hikes; bonuses up to 110%

Telecom companies Airtel and Vodafone Idea have rewarded their employees with 7-8 per cent pay increments for the financial year 2023 (FY23). Airtel has given top talent a 110 percent bonus, and Vodafone Idea followed with a 100 percent bonus. However, Reliance Jio has not announced the increments till now. Increment plays an important role […]

Jul 14, 2023
HCLTech sees headcount reduction in Q1FY24, defers pay hikes
Compensation

HCLTech sees headcount reduction in Q1FY24, defers pay hikes

HCLTech, a leading global technology company, announced its financial results for Q1FY24, the quarter ended June 30, 2023. C Vijayakumar, CEO, and Managing Director, HCLTech, said, “In Q1FY24, our revenue and people strength sequentially moderated in line with the demand environment.” “We delivered a 6.3% YoY growth in constant currency. We experienced strong growth in […]

Jul 13, 2023
TCS CHRO: 55% of employees working 3 days a week from office
Compensation

TCS CHRO: 55% of employees working 3 days a week from office

India’s largest IT services firm, Tata Consultancy Services (TCS) reported its consolidated financial results for Q1FY24 the quarter ending June 30, 2023. The IT giant reported a 16.84 per cent year-on-year (YoY) rise in its consolidated net profit. But on a quarter-on-quarter (QoQ) basis, TCS’ consolidated net profit was down 2.8 per cent. K Krithivasan, […]

Jul 13, 2023
IT major Infosys defers salary hikes for employees
Compensation

IT major Infosys defers salary hikes for employees

India’s second-largest IT giant Infosys has deferred the salary hikes of its employees which it usually rolls out from April for its employees below the senior management level. Earlier also in the 2020, pandemic year, the company froze hikes and then rolled out hikes in January 2021. Usually, Infosys rolls out pay hikes for employees […]

Jul 12, 2023
Reliance and Goggle-backed Dunzo defers 50% salary
Compensation

Reliance and Goggle-backed Dunzo defers 50% salary

Reliance and Goggle-backed Dunzo has deferred 50% salaries of its 500 employees in manager-level positions and above. The company at present has around 1,000 employees. According to Business Standard, “All employees manager grade and above have only received 50 percent of the salary of June. Rest company says they will pay it later between July […]

Jul 11, 2023
Manager yells at employee for trying to discuss pay hike
Social Media

Manager yells at employee for trying to discuss pay hike

When companies increase the pay of any employee it is a long process and when employees discuss the pay hike it has a mixed reaction from companies end. Recently, a Reddit user shared his experience during the salary increase discussion. The post has discussed the reaction that the employee received when he tried discussing his pay hike […]

Jul 10, 2023
Founder praises ‘high-integrity’; staffer denies taking increased pay
Social Media

Founder praises ‘high-integrity’; staffer denies taking increased pay

Shivanshi Verma the employer and founder of the healthcare app HealthTick explained that an employee, she hired is a ‘high-integrity’ staffer and even after increasing the salary the employee refused. Explaining the ‘high-integrity’ of the employee the founder has explained that she has hired an employee after college. The founder shared a post on Twitter saying, […]

Jul 6, 2023
Air India revises job contracts for non-flying staff
Compensation

Air India revises job contracts for non-flying staff

The flag carrier of India, Air India has recently revised the job contracts for non-flying staff with retrospective effect from 1 April. The changes are as per the market standards and promote efficiency. The airline has recently introduced a performance-linked variable pay component. The revision will be as per the below guidelines:- Chief executive officer (CEO) and […]

Jul 1, 2023
Akasa Air announces salary hike by 40% effective July 1
Compensation

Akasa Air announces salary hike by 40% effective July 1

According to the ET reports, An Indian low-cost airline, Akasa Air increases the salary by 40% and it will be effective from July 1, 2023. Commenting on the salary hike, a person aware of the development said: “The quantum of salary hike is more for junior pilots because they are the future of the airline […]

Jun 26, 2023
Meta, Google among top paying companies in 2022 despite layoffs
Industry

Meta, Google among top paying companies in 2022 despite layoffs

According to a Business Insider report originally attributed to The Wall Street Journal, Meta and Google were among the top-paying public companies in 2022. A real-estate-investment company, Vici Properties topped the list with just 22 employees at the top with a median salary of around $415,000. Meta placed the second position offering employees a median […]

Jun 20, 2023