Latest Salary Hike HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Salary Hike.
Cognizant has addressed concerns about delayed salary hikes, confirming that merit increases for eli...
Tata Consultancy Services TCS, Indias largest IT services provider, is set to roll out annu...
IT giant, Cognizant Technology Solutions has responded to recent social media criticism regarding it...
In fiscal year 2025, salary hikes within the broad telecom sector have tapered down to an average of 9%. This shift comes after a talent war that drove increments to record highs two years ago has now subsided, and the demand for mobile phones has slowed down. Munira Loliwala, VP (Strategy & Growth) at staffing […]
Haryana Chief Minister Nayab Singh Saini announced an 8% salary increase for 1.19 lakh contract employees in levels 1, 2, and 3 via the Haryana Kaushal Rozgar Nigam (HKRNL). The revised pay scale will be effective from Monday, July 1, 2024. During a meeting attended by various labour unions and employees of the Haryana Kaushal […]
A social media post by Dehradun engineer Akshay Saini has garnered widespread attention, sparking contemplation among netizens. His post unveils stark realities about achieving substantial incomes, prompting reflection on personal and societal perspectives on wages. His insights have stirred a dialogue on the dynamics of earning and financial success in today’s world. The HARD TRUTH […]
According to Business Standard, India’s preferred airline, IndiGo declared a special one-time bonus for all its employees, equal to 45 days of basic salary. The company has announced the Thank You Bonus equivalent to 1.5 months’ basic salary, will be disbursed as ex-gratia payment along with the May 2024 salary. Recently, IndiGo has commenced a […]
Tata Consultancy Services (TCS), a prominent IT services firm, has announced salary increments ranging from 4.5% to 7%, contingent on performance. The high-performing employees will receive double-digit pay hikes. According to a Mint report, TCS has also assessed Office Attendance before giving pay hikes to over 6,00,000 employees. Milind Lakkad, Chief HR Officer said, “We are pleased to […]
An Indian multinational information technology services and consulting company, Tata Consultancy Services (TCS) announced annual increments in double-digit hikes for top performers starting from April 1. Milind Lakkad, Chief HR Officer, said: “We are pleased to announce the annual increments for our workforce, as we have done consistently every year, with top performers receiving double-digit hikes.” Salary hikes will […]
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 […]
In 2024, After the Covid cases declined to almost nil, companies started working from offices. As the Appraisal is around the corner there are various factors specific to salary hikes for 2024. Many companies like IBM, TCS, etc have implemented a requirement for employees to work from the office in order to be eligible for […]
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: […]
Tata Consultancy Services (TCS) is preparing to introduce salary increments for its workforce in the approaching fiscal period. In a move anticipated to uplift the spirits of employees, the company is gearing up to implement a salary hike effective April 1st. As the new financial year unfolds, this boost in remuneration promises to bring a […]
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 […]
Many individuals find themselves in a challenging position when it comes to salary negotiations. The fear of potentially jeopardizing a job offer or feeling uncomfortable discussing compensation can often lead to settling for less than what is actually deserved. However, with the right approach and preparation, you can effectively navigate this process and secure a […]
