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 2021

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Average Salary Hike will be . in Aon Survey

Feb 23, 2021

Bharat Forge hikes wages by up to Rs ,month

Bharat Forge has signed a new wage agreement with workers, effective from July , to June , ...

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Feb 17, 2021

Bharat Forge hikes wages by up to Rs ,month

India to see average salary increase of . pc in

India to see average salary increase of . pc in Survey Salaries in India are projected to ri...

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Feb 12, 2021

India to see average salary increase of . pc in

Overview Salary Increments in and Trends for

Overview Salary Increments in and forecast for India Inc offered the lowest ever salary i...

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Dec 29, 2020

Overview Salary Increments in and Trends for

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Wipro to roll out salary hikes for junior level employees from January 1

Wipro to roll out salary hikes for junior level employees from January 1 IT major, Wipro is rolling out salary hikes for its junior employees (B3 and below) who are eligible, effective January 1, 2021. The junior band B3 and below comprises of 80% of its total workforce. According to TOI Report, all eligible employees […]

Dec 8, 2020

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Accenture pays bonuses, plans significant promotions in December cycle

Accenture pays bonuses, plans significant promotions in December cycle IT major, a Fortune Global 500 company, Accenture has rolled out bonuses to most of its staff working in India, and the company is also planning a significant level of promotions in December cycle. According to TOI report, Accenture has also hiked salaries of junior and mid-level employees […]

Nov 27, 2020

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BankBazaar to hire 500 people by March, roll out pay hikes

BankBazaar to hire 500 people by March, roll out pay hikes effective January 1, 2021 BankBazaar.com on Wednesday said FY21 will be a year of growth for the fintech company despite challenges, and it plans to hire over 500 people over the next few months to support business expansion. The company will also roll out wage hikes […]

Nov 12, 2020

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Cognizant starts promotions this week for associates

Cognizant starts promotions this week for associates According to a moneycontrol report, Cognizant will start rolling out promotions for employees this week effective October 1, 2020. The promotions announced are for employees up to the associate level. Promotions for senior employees will be announced in January-March 2021 quarter, the company said in an email to […]

Nov 11, 2020

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Wipro to Raise Salaries of 80% Workforce by December 1

Wipro to Raise Salaries of 80% Workforce by December 1, 2020. IT major, Wipro confirms its plan to roll out a single-digit salary hike for nearly 80 per cent of its employees, effective December 1. In Conversation with SightsIn Plus, Wipro CHRO Saurabh Govil said, “The Majority of our workforce (over 98%) continues to operate […]

Nov 9, 2020

Survey & Report

Indian companies to offer better salary hikes in 2021: Aon

Indian companies to offer better salary hikes in 2021: Aon According to a survey by global human resource consultancy Aon, people working in Indian companies will likely to get better salary hikes in the upcoming year compared to 2020. At present companies are betting on higher consumer demand due to enhanced government spending and bumper […]

Nov 5, 2020

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Cognizant announces hikes & promotions to its employees

Cognizant announces hikes & promotions to its employees Cognizant, one of the world’s leading professional services companies has said that it has begun targeted merit-based salary increments and promotions from October 1, 2020. The hikes and promotions model is based on skills, relative contribution, and qualities needed to lead transformation and future growth. The company […]

Oct 30, 2020

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Salary cuts are getting rolled back, getting back to Normal?

Salary cuts are getting rolled back, getting back to Normal? After reducing salaries owing to the pandemic, various companies are now bringing remunerations back to normal. Over the last three weeks, several technology bellwether firms like TCS, Infosys, Wipro, HCL, Tech Mahindra and Mindtree, etc have announced plans to give out salary increments and bonuses. […]

Oct 27, 2020

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Tech Mahindra to roll out salary hikes in early 2021

Tech Mahindra to roll out salary hikes in early 2021 According to a money control report, IT services major, Tech Mahindra has announced that it will roll out salary hikes in a phased manner in 2021 starting with its junior-most employees. CP Gurnani, CEO, Tech Mahindra, said in an earnings call on October 23, “We are […]

Oct 26, 2020

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RIL rolls back salary cuts, announces performance bonus

Reliance Industries rolls back salary cuts, announces performance bonus According to an ET report, Reliance Industries is rolling back salary cuts and offering the performance bonus which had been deferred to those employed in its hydrocarbon business. And in a first for the business house, the hydrocarbon segment will also offer an advance 30% of […]

Oct 26, 2020

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Mindtree announces salary hike, effective January 1, 2021

Mindtree announces salary hike, effective January 1, 2021 Larsen & Toubro (L&T) -owned, IT services firm, Mindtree has announced the salary hike for employees effective January 1, 2021. Mindtree had 21,827 employees at the end of the September quarter. Mindtree CEO & MD Debashis Chatterjee said, “the company completed its promotion cycle in the second quarter, and […]

Oct 17, 2020

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HCL to hire 12K freshers this year, rolling out increments too

HCL to hire 12K freshers this year, rolling out salary increments too Indian IT service exporter, HCL Technologies will hire 12,000 freshers for FY21 from campuses. The company has already hired close to 3,000, and the rest would be on-boarded in the next two quarters, said VV Apparao, Chief Human Resources Officer, HCL Tech. Apparao said, […]

Oct 16, 2020