Latest Salary Hike HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Salary Hike.
Byjus employee Akansha Khemka from Kolkata has burst into tears in a video message company is...
EY released its Future of Pay reportnbsphighlighting talent, attrition, and compensation tren...
Many employees face work culture struggle. Recently, for the first time, a video has been circulatin...
This salary data came from an internal spreadsheet shared among Google employees that contained information on more than 12,000 US workers. In the middle of layoffs and a salary freeze, Google is paying its employees a high salary. Google employees were reported to have earned an average total compensation of $279,802 (approximately Rs. 2.3 crore) in […]
Telecom companies Airtel and Vodafone Idea have rewarded their employees with 7-8 per cent pay increments for the financial year 2023 (FY23). Airtel has given top talent a 110 percent bonus, and Vodafone Idea followed with a 100 percent bonus. However, Reliance Jio has not announced the increments till now. Increment plays an important role […]
India’s largest IT services provider firm, Tata Consultancy Services (TCS) has announced a salary hike for its employees, despite the 200-bps impact on the company’s operating margin. TCS CFO Samir Seksaria said, “The annual pay hikes effective from April 1, would result in a 200-basis-point hit on the operating margin, which currently stands at 23.2%.” The […]
India’s largest IT services firm, Tata Consultancy Services (TCS) reported its consolidated financial results for Q1FY24 the quarter ending June 30, 2023. The IT giant reported a 16.84 per cent year-on-year (YoY) rise in its consolidated net profit. But on a quarter-on-quarter (QoQ) basis, TCS’ consolidated net profit was down 2.8 per cent. K Krithivasan, […]
India’s second-largest IT giant Infosys has deferred the salary hikes of its employees which it usually rolls out from April for its employees below the senior management level. Earlier also in the 2020, pandemic year, the company froze hikes and then rolled out hikes in January 2021. Usually, Infosys rolls out pay hikes for employees […]
When companies increase the pay of any employee it is a long process and when employees discuss the pay hike it has a mixed reaction from companies end. Recently, a Reddit user shared his experience during the salary increase discussion. The post has discussed the reaction that the employee received when he tried discussing his pay hike […]
Shivanshi Verma the employer and founder of the healthcare app HealthTick explained that an employee, she hired is a ‘high-integrity’ staffer and even after increasing the salary the employee refused. Explaining the ‘high-integrity’ of the employee the founder has explained that she has hired an employee after college. The founder shared a post on Twitter saying, […]
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 […]
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 […]
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 […]
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 […]
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 […]
