Salary Cut: HR News, Trends & Workplace Insights

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

Updated on: Jun 2024

Performance Appraisal

BYJUS cuts new sales hires pay by , linked to performance

Jun 8, 2024

Infosys CEO Salil Parekhs salary drops by Report

According to a report of Business Today, Infosys CEO Salil Parekhs total salary has been redu...

Compensation

Jun 5, 2023

Infosys CEO Salil Parekhs salary drops by Report

Wipro should relook at the strategy of salary cuts for freshers

Recently, An Indian multinational corporation, Wipro rolled out a revised offer letter for recruits ...

Industry

Feb 28, 2023

Wipro should relook at the strategy of salary cuts for freshers

Google CEO Sundar Pichai Senior Executives to Take Pay Cut

An American multinational technology company, Google CEO Sundar Pichai amp Senior Executives to Ta...

Compensation

Jan 30, 2023

Google CEO Sundar Pichai Senior Executives to Take Pay Cut

Compensation

Apple CEO to take a 40% pay cut

An American multinational technology company, Apple Chief Executive Officer (CEO) Tim Cook will take a 40% pay cut in 2023. The pay cut was based on the balance sheet feedback, Apple’s exceptional performance, and a recommendation. The current salary of Tim Cook was USD 49 million (Rs 3,98,75,71,000) in 2023. Earlier, Tim Cook earned USD 99.4 million […]

Jan 14, 2023

Industry

Air India pilots union wants Chairman’s heed on working conditions

TATA-Group-owned, Air India pilots’ union has alleged that working conditions are hostile at the airline and sought Tata group Chairman N Chandrasekaran’s intervention to resolve the issues. The pilots have raised various concerns including unethical treatment, hostile working conditions, pay cuts, and many others. A letter addressing the same has been written to the Chairman. […]

Dec 22, 2022

Compensation

Jet Airways Cuts Salaries, Sends Several Employees On Leave Without Pay

An Indian airline, Jet Airways has decided to send about 60 percent of its employees to leave without pay (LWP) from December 1 for three months. Some of the senior management will also be part of LWP. The airline has also cut some employees’ salaries by up to 50 percent. The quantum would be higher […]

Nov 19, 2022

Coronavirus

COVID-19: GMR Group cuts employees’ salaries up to 50%

GMR Group cuts employees’ salaries by up to 50% due to Covid-19, The reduction in compensation is maximum at the highest level. Battling against COVID-19 pandemic, diversified conglomerate GMR Group has revised downwards employees’ salaries by up to 50 percent with effect from May 2020. The reduction in compensation is maximum at the highest level. The Bengaluru-based […]

Jun 3, 2020

Coronavirus

Zomato to lay off 13% of the workforce

Zomato to lay off 13% of the workforce and temporary pay cut of up to 50% for remaining employees Indian online food delivery platform Zomato on Friday said it will reduce its workforce by 13%, while also implementing a temporary pay cut of up to 50% for remaining employees as nationwide lockdown to prevent the […]

May 16, 2020