Latest Salary Hikes HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Salary Hikes.
Indias airline, SpiceJet has announced a percent salary hike for its pilots from October this ye...
A lot of IT companies in India have struggled with significant attrition rates over the previous sev...
According to Willis Towers Watsons Salary Budget Planning report, companies in India are expe...
IT major, Infosys has announced that it has reached a total headcount of 3,35,186 employees in Q1FY23, with the net addition of 21,171 people in the first quarter ending on June 30. Furthermore, the company’s attrition rate has increased to 28.4% in Q1FY23 expanding by 70 basis points from 27.7% in Q4FY22. In Q1FY22, the […]
Given that the last two years were tough for the industry because of the COVID-19 Pandemic. According to a recent Salary Increase Survey by Aon, Corporates in India are likely to give out a salary hike of 9.9% this year, as against 9.3% in 2021. The study that analysed data across 1,500 companies from more than 40 industries, noted that […]
Wipro to roll out salary hikes, promotions, and skill-based bonuses IT major Wipro on April 15 announced its Q4 (a quarter ending on March 31) results which are its best fourth-quarter results in last ten years. The company is looking at multiple measures to retain employees as the demand for niche talents increases which include rolling out […]
TCS rolls-out another salary hike within 6 months for all employees India’s biggest IT major, Tata Consultancy Services (TCS) has announced a second salary hike within six months, effective from the month of April this year. It would be covering more than 469,000 employees. Previously, the company had rolled out salary hikes by 6-8 per […]
Almost 90% of companies planning salary hikes in 2021- Aon India Survey In what may bring some cheer to the pandemic-hit India Inc’s workforce, global professional services company Aon’s latest Salary Trends Survey in India has projected that 87 per cent of the surveyed companies plan to give salary hikes in 2021. The share of companies projected to offer […]
Average salary hikes in India falls to 3.6% in 2020-21: Deloitte Survey Companies gave an average salary hike of 3.6% in 2020-21 compared to 8.6% in the previous financial year amid the coronavirus pandemic, according to a survey. The survey by Deloitte Touche Tohmatsu India LLP showed that timing and potential impact of Covid-19 were […]
