Salary Hike 2024: HR News, Trends & Workplace Insights

Latest Salary Hike 2024 HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Salary Hike 2024.

Updated on: Jul 2024

Industry

Telecom Compensation Trends in FY Hikes Moderate to

Jul 29, 2024

Engineer Controversial Statement Underpaid? Your Responsibility

A social media post by Dehradun engineer Akshay Saini has garnered widespread attention, sparking co...

Social Media

May 3, 2024

Engineer Controversial Statement Underpaid? Your Responsibility

Has TCS granted pay hikes based on office attendance?

Tata Consultancy Services TCS, a prominent IT services firm, has announced salary increments rangi...

Compensation

Apr 22, 2024

Has TCS granted pay hikes based on office attendance?

TCS announces salary hike for top performers in double digits

An Indian multinational information technology services and consulting company, Tata Consultancy Ser...

Compensation

Apr 13, 2024

TCS announces salary hike for top performers in double digits

Compensation

Cognizant delays salary increments until the August quarter

An American multinational information technology services and consulting company, Cognizant has postponed its annual salary increases by four months, intending to implement them for eligible employees starting from August 1. Last year, the Nasdaq-listed firm provided raises to employees in April 2023. As reported by Economic Times, confirming the development, Cognizant stated, “We are committed […]

Apr 6, 2024

Survey & Report

IT industry expects 8-10% salary increase in 2024, Michael Page

The IT services industry is experiencing a recalibration phase, with companies moderating salary increments to around 8%-10% when switching jobs. Demand is high for C-Suite positions in technology, data, AI/ML, product, security, and Gen AI, as reported by global recruitment firm Michael Page. The latest annual salary guidance highlights Gen AI technology as a focal […]

Apr 5, 2024

Compensation

Flipkart introduces new salary structure and bonus plan

As per Mint’s report, Flipkart, the e-commerce platform, has revamped its salary increment policy, dividing annual raises into two parts instead of immediately reflecting them in an employee’s pay structure. According to the updated policy of Flipkart, the total salary won’t immediately reflect the increase. The company will raise salaries in two parts as follows: […]

Mar 21, 2024

Compensation

Average India increment is expected to be 9.0% in 2024, Deloitte

As India Inc. continues to grow, its workforce becomes more diverse and gets younger every year. HR leaders’ top priority remains striking a balance between delivering value to stakeholders and managing the aspirations of this dynamic workforce. According to Deloitte India Talent Outlook 2024, the average India increment is expected to be 9.0 percent in […]

Mar 16, 2024