Latest Increments HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Increments.
Wipro to roll out Promotions amp Increments by December and will robust hiring for the second...
Tata Motors will not give increment, deducts variable pay for FY Indias largest automakernbspTa...
Future Generali India Insurance Company Limited announces promotions, annual increments and variable...
ICICI Bank to give 80k employees up to 8% pay hike for work amid COVID-19 According to a PTI report, The country’s second-largest private sector lender ICICI Bank has decided to reward over 80,000 of its frontline employees with a salary hike of up to 8 percent These employees form over 80 percent of its overall workforce […]
Despite the lockdown due to coronavirus pandemic, French car manufacturer, Renault India is giving a pay hike of 15% to its employees and promotions for the fiscal year 2021. The company is giving the pay hike to 250 employees and promotions to over 30 executives, with effect from August 2020. The salary hike of Renault […]
Motilal Oswal Financial Services has announced the payment of bonuses and performance-linked variable pay to the entire 6,000-plus employees of the group. Sudhir Dhar, Executive Director – Group CHRO at Motilal Oswal Financial Services Ltd said, “It gives immense satisfaction and comfort that we’ve been able to announce the bonus and promotions even during this lockdown.” He also […]
Tech Mahindra puts wage hikes and incentives on hold, but says no layoffs. Tech Mahindra is putting on hold incentives and wage hikes until there is more clarity on business as the coronavirus outbreak has disrupted operations worldwide. However, its junior associates will get their remuneration packages in full. Besides, undisclosed salary cuts also have been […]
At a time of crisis when most of the companies have hit a pause on hiring, IT major Capgemini will continue to hire as per plans and digitally onboard new employees in India despite the challenges arising due to the COVID-19 outbreak. Already in last weeks, Capgemini made it clear that the company will honour […]
Infosys Ltd, India’s second-largest IT company has suspended new hirings, promotions, and increments for FY21 to control costs in the wake of COVID-19. However, the company said it will honour all job offers already made. “Infosys intends to not only nurture its vast pool of digital talent in a high-productivity environment, but also honour the job […]
Capgemini India announces the single-digit salary hike to 70 percent of its staff or 84000 employees in India, effective April 1, 2020. The company has 1.2 lakh employees in India, of which 70% or 84,000 employees will be benefitted from this decision. The rest of the employees of Capgemini India will get their increments in […]
PwC postpones promotions, increments, and bonuses of India employees amid Covid-19 PwC India recently announced that the company is deferring promotions, increments, and bonuses for all its employees in India due to the impact on their cash flows resulting from Covid-19. PwC India has also announced a complete hiring freeze while its partners take a […]
