Latest Salary Hike HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Salary Hike.
Bank of America Corp is raising the base salary for senior bankers, according to a person familiar w...
On January , Indias IT services providernbspTata Consultancy ServicesnbspTCS has announced ...
After informing employees last month that it wouldnt automatically adjust salaries to account...
Employees in India will see bigger pay rises next fiscal year as firms expect to emerge from lockdowns and the supply of applicants lags demand, according to recruiters. Paychecks could rise about 8% in the financial year starting April 2022, especially if authorities avert a third wave of the virus, according to Michael Page and Aon Plc. That’s higher than […]
Online grocery delivery platform Grofers announced on Monday that it will offer a 33 per cent hike in salary to its tech team effective July 2021, along with a “hefty ESOP allocation” as the online grocery delivery platform looks to retain staff and woo more tech talent. The SoftBank-backed company, which plans to launch an […]
Panacea Infosec rolls out 30-40% salary hike, to add 25-35% people to its workforce Panacea Infosec, a Cybersecurity firm has given 30-40 per cent hike in salaries for all employees with effect from April 2021. The company also announces to add 25-35% people to its workforce. Currently, we have around 230 employees and planning to […]
GX Group rolled out bonus of one month’s basic salary in April 2021 GX India rolled out bonus for its employees, which is equal to one month’s basic salary in April 2021. This has come in times of pandemic when most companies are deferring salary hikes and bonuses. The company has rolled out bonus to […]
TCS rolled out Pay Hike from April 2021, Who will not get it? India’s biggest IT major, Tata Consultancy Services (TCS) had announced its second salary hike within six months, effective from the month of April 2021. Previously, the company rolled out its first salary hikes by 6-8% in October 2020. With the upcoming hike, […]
LIC rolls out 16% salary hike, 5-day-work week, and special allowance After a long time, Life Insurance Company (LIC) has announced a salary hike of 16% for all employees. Over one lakh employees of LIC will benefit from the wage revision that has come along with several other perks. Earlier to this, LIC employees got […]
Infosys to hire 25,000 from campuses in FY22, salary hike from July, attrition 15.2% in Q4 India’s second-largest IT services firm, Infosys has announced the attrition of 15.2% for Q4, the quarter ended on March 31, 2021, a sharp spike from 10% in the previous quarter. It is very high compared to its peer company, Tata […]
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 […]
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 […]
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 […]
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. […]
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 […]
