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: Jul 2023

Compensation

TCS CHRO of employees working days a week from office

Jul 13, 2023

IT major Infosys defers salary hikes for employees

Indias second-largest IT giant Infosys has deferred the salary hikes of its employees which i...

Compensation

Jul 12, 2023

IT major Infosys defers salary hikes for employees

Manager yells at employee for trying to discuss pay hike

When companies increase the pay of any employee it is a long process and when employees discuss the ...

Social Media

Jul 10, 2023

Manager yells at employee for trying to discuss pay hike

Founder praises high-integrity staffer denies taking increased pay

Shivanshi Verma the employer and founder of the healthcare app HealthTick explained that an employee...

Social Media

Jul 6, 2023

Founder praises high-integrity staffer denies taking increased pay

Compensation

Akasa Air announces salary hike by 40% effective July 1

According to the ET reports, An Indian low-cost airline, Akasa Air increases the salary by 40% and it will be effective from July 1, 2023. Commenting on the salary hike, a person aware of the development said: “The quantum of salary hike is more for junior pilots because they are the future of the airline […]

Jun 26, 2023

Compensation

Tata Group awards huge salary hikes of 16-60% to its top officials

According to Economic Times report, Tata Group senior officials have received huge increments ranging from 16 to 60 percent. “CEOs of high-growth companies are being rewarded and have been directed to continue to focus on tapping opportunities and increasing the pace of growth,” the CEO of a Tata Group company said. “There is a big […]

Jun 13, 2023

Compensation

Wipro CHRO Saurabh Govil says No More Hiring with 30% Hike

An Indian multinational corporation providing information technology, consultant, and business process services, Wipro CHRO has said that there will be no more hiring with 30% hike. According to media reports, due to the current market situation of economic slowdown and lower hiring environment, the company’s Chief Human Resources Officer Saurabh Govil said that IT professionals […]

Jun 12, 2023

Industry

How India is gearing up for a US$110b GCC industry by 2030?-EY Report

EY, the leading professional services organization, released its ‘Future of GCCs in India – a vision 2030’ report highlighting the expansion of GCC by 2030 on account of the country’s skilled workforce, favourable business and policy environment and growing infrastructure. The report estimates that the domestic GCC market size will potentially reach US$110b by the year 2030 (from the […]

Jun 9, 2023

Compensation

SpiceJet hikes salary; pilots to receive Rs.7.5 lakhs per month

An Indian budget airline, SpiceJet has completed 18 years of flying. The airline commenced its first commercial flight on May 23, 2005, flying from Delhi to Ahmedabad. The company will hike the salary of the captains to Rs.7.5 lakhs per month for flying 75 hours. Apart from this, as part of its ongoing 18th-anniversary celebrations, the […]

May 25, 2023

Industry

Microsoft CMO guides employees on how to raise salaries

An American multinational technology corporation, Microsoft employees aren’t getting salary raises this year. Chief Marketing Officer Chris Capossela has suggested to employees the best way to boost pay is- by working to push the company’s stock higher. Microsoft’s Chief Marketing Officer said in an internal communication to employees, “The most important lever for almost all of […]

May 22, 2023

Compensation

IBM employee on Sick Leave for 15 years sued Co. for no pay rise

According to the reports of Livemint, An American multinational technology corporation, IBM employee has been on sick leave since 2008. He sued his company for discrimination because he did not receive a raise. He claimed, however, that he was a victim of ‘disability discrimination’ since his income had not been increased in the 15 years he […]

May 15, 2023

Compensation

Microsoft won’t give employees salary raise this year

An American multinational technology corporation, Microsoft won’t raise the salary of employees this year for full-time employees. According to Reuters, a spokesperson for the tech giant said, “We recognize that navigating both a dynamic economic environment and a major platform shift requires us to make critical decisions in how we invest in our people, our […]

May 11, 2023

Compensation

Woman claims Rs 50k salary not enough to survive in metro city

The cost of living in a metro city is high. The cost of living is always on the higher side as room rent, groceries, medical facilities, and more are expensive. Recently, in a viral post on Twitter, a user, named Medha Ganti, shared this struggle of hers and said how it is impossible to survive […]

Apr 29, 2023

Compensation

Apple Store employees earning Rs 1.0 lakh with additional benefits

An American multinational technology company, Apple has recently expanded its presence in India. The company has opened its first official online store in Mumbai followed by Delhi. Mumbai’s Apple Store has been opened in Mumbai’s is located bustling Bandra Kurla Complex financial, arts, and entertainment district, and Delhi one has been opened in Saket. The […]

Apr 27, 2023

Compensation

Samsung reduces employees’ average salary hike to 4.1 percent

A South Korean multinational electronics corporation, Samsung has reduced the salary hike of its employees. The average salary hike is 4.1 percent. The company announced internally earlier in the day on Saturday, April 16. However, in the previous year, the company had agreed on a salary increase of a 9 percent average pay hike for […]

Apr 17, 2023

Compensation

TCS Salary Hike: Top-performing employees to get 12-15% hike

According to reports, Tata Consultancy Services (TCS) is expected to revise the salary of employees as usual. Milind Lakkad, the Chief Human Resources Officer said, “It is expected that the top performers will receive a 12-15 percent salary hike.” According to the ET Now report, TCS employees are expected to get a 100 percent variable payout for the […]

Apr 15, 2023