Salary Hike: HR News, Trends & Workplace Insights

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

Updated on: Feb 2025
Engineer Controversial Statement: Underpaid? Your Responsibility
Social Media

Engineer Controversial Statement: Underpaid? Your Responsibility

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 […]

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IndiGo rewards employees with a bonus equal to 1.5 months’ salary
Compensation

IndiGo rewards employees with a bonus equal to 1.5 months’ salary

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 […]

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Has TCS granted pay hikes based on office attendance?
Compensation

Has TCS granted pay hikes based on office attendance?

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 […]

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TCS announces salary hike for top performers in double digits
Compensation

TCS announces salary hike for top performers in double digits

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 […]

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Cognizant delays salary increments until the August quarter
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 […]

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Appraisal trends impacting salary hike: 2024 Vs 2023
Industry

Appraisal trends impacting salary hike: 2024 Vs 2023

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 […]

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Flipkart introduces new salary structure and bonus plan
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: […]

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TCS plans 7-8% average salary increase for offsite staff
Compensation

TCS plans 7-8% average salary increase for offsite staff

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 […]

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

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Tips for Negotiating Your Salary at the Job Offer
Compensation

Tips for Negotiating Your Salary at the Job Offer

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 […]

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Google offered 4x (300% hike) to retain the employees
Industry

Google offered 4x (300% hike) to retain the employees

According to BT report, American multinational technology company, Google recently offered 4x (300% hike) the salary to an employee who was considering a position at Perplexity AI. However the employee in question was not directly involved with Google’s AI division and instead worked on the search team. During an episode of The Big Technology Podcast, […]

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Infosys continues to defer the roll-out hikes in January
Compensation

Infosys continues to defer the roll-out hikes in January

The IT major, Infosys had earlier deferred the salary hikes of their employees and it was expected the company to roll out the salary hike in December. However, the recent report of TOI stated that some of the employees will receive their hikes in January as some of the business units are finalizing their budgets. On the […]

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