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: May 2021

Industry

GX Group rolled out bonus of one months basic salary in April

May 5, 2021

TCS rolled out Pay Hike from April , Who will not get it?

TCS rolled out Pay Hike from April , Who will not get it? Indias biggest IT major, Tata Consult...

Industry

Apr 19, 2021

TCS rolled out Pay Hike from April , Who will not get it?

LIC rolls out salary hike, -day-work week, and special allowance

LIC rolls out salary hike, -day-work week, and special allowance After a long time, Life Insura...

Industry

Apr 18, 2021

LIC rolls out salary hike, -day-work week, and special allowance

Infosys to hire , from campuses in FY, salary hike from July, attrition . in Q

Infosys to hire , from campuses in FY, salary hike from July, attrition . in Q Indias s...

Industry

Apr 15, 2021

Infosys to hire , from campuses in FY, salary hike from July, attrition . in Q

Industry

Tata Sons Restores Pay and Offers Salary Hikes from April

Tata Sons Restores Pay and offers Salary Hikes from April 2021 Tata Sons, the holding company of Tata Group has restored staff salaries to the pre-Covid levels and is likely to announce pay hikes from April 2021. Remarkably, the top executives of Tata group companies’ had taken around 20% pay cuts in 2020 to keep costs low […]

Mar 25, 2021

Industry

Cognizant, Accenture, TCS, PwC India announced bonus, promotions, and salary hike this month

Cognizant, Accenture, TCS, PwC India announced bonus, promotions, and salary hike in March 2021 IT services major Cognizant said earlier this month that it is offering bonuses that are “substantially higher than 2019” and has promoted more than 24,000 employees across levels. The step, aimed at helping the company stem attrition, will also see Cognizant […]

Mar 21, 2021

Industry

Amway India rolls out promotions, salary hikes and bonuses

Amway India rolls out promotions, salary hikes, and bonuses According to the ET report, Amway India, one of the world’s largest Direct Selling Company, has announced a 109% bonus in 2021 to all of its employees across all functions and levels. Shantanu Das, Chief Human Resources Officer of Amway India said “We at Amway India […]

Mar 7, 2021

Jobs

Average Salary Hike will be 7.7% in 2021: Aon Survey

Average Salary Hike will be 7.7% in 2021: Aon Survey According to the latest Aon Survey, Companies in India are likely to offer a 7.7 per cent salary increase in 2021, one of the highest among the BRIC nations, and higher than the average actual increase of 6.1 per cent in 2020, says a survey. […]

Feb 23, 2021

Jobs

Bharat Forge hikes wages by up to Rs 15,600/month

Bharat Forge has signed a new wage agreement with workers, effective from July 1, 2019 to June 30, 2022 Bharat Forge has signed a three-year wage agreement giving employees a hike starting from Rs 14,500 to Rs 15,600 per month. Following this, the average wage levels at Bharat Forge will now be in the range […]

Feb 17, 2021

Jobs

India to see average salary increase of 6.4 pc in 2021

India to see average salary increase of 6.4 pc in 2021: Survey Salaries in India are projected to rise by an average of 6.4 per cent in 2021, marginally higher than the average actual increase of 5.9 per cent in 2020, according to a Willis Towers Watson survey. According to Willis Towers Watson’s latest Salary […]

Feb 12, 2021

Jobs

Overview: Salary Increments in 2020 and Trends for 2021

Overview: Salary Increments in 2020 and forecast for 2021 India Inc offered the lowest ever salary increments to employees in 2020 as COVID-19 disrupted the economy. According to an Aon Survey the ‘Salary Trends Survey 2020 – 2021, the average salary hike in 2020 stood at 6.1 percent, which is the lowest level seen in 25 […]

Dec 29, 2020

Jobs

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

Jobs

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

Jobs

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

Jobs

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

Jobs

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