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Salary Increment: HR News, Trends & Workplace Insights

Latest Salary Increment HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Salary Increment.

Updated on: Jul 2023
Compensation Trends Update Top IT Companies to Telecom
Compensation

Compensation Trends Update Top IT Companies to Telecom

Jul 26, 2023

Airtel and VI rewarded - salary hikes bonuses up to

Telecom companies Airtel and Vodafone Idea have rewarded their employees with - per cent pay incre...

Compensation
Jul 14, 2023
Airtel and VI rewarded - salary hikes bonuses up to

TCS CHRO of employees working days a week from office

Indias largest IT services firm, Tata Consultancy Services TCS reported its consolidated fi...

Compensation
Jul 13, 2023
TCS CHRO of employees working days a week from office

Tata Group awards huge salary hikes of - to its top officials

According to Economic Times report, Tata Group senior officials have received huge increments rangin...

Compensation
Jun 13, 2023
Tata Group awards huge salary hikes of - to its top officials
SpiceJet hikes salary; pilots to receive Rs.7.5 lakhs per month
Compensation

SpiceJet hikes salary; pilots to receive Rs.7.5 lakhs per month

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 […]

May 25, 2023
Microsoft CMO guides employees on how to raise salaries
Industry

Microsoft CMO guides employees on how to raise salaries

An American multinational technology corporation, Microsoft employees aren’t getting salary raises this year. Chief Marketing Officer Chris Capossela has suggested to employees the best way to boost pay is- by working to push the company’s stock higher. Microsoft’s Chief Marketing Officer said in an internal communication to employees, “The most important lever for almost all of […]

May 22, 2023
Microsoft won’t give employees salary raise this year
Compensation

Microsoft won’t give employees salary raise this year

An American multinational technology corporation, Microsoft won’t raise the salary of employees this year for full-time employees. According to Reuters, a spokesperson for the tech giant said, “We recognize that navigating both a dynamic economic environment and a major platform shift requires us to make critical decisions in how we invest in our people, our […]

May 11, 2023
Apple Store employees earning Rs 1.0 lakh with additional benefits
Compensation

Apple Store employees earning Rs 1.0 lakh with additional benefits

An American multinational technology company, Apple has recently expanded its presence in India. The company has opened its first official online store in Mumbai followed by Delhi. Mumbai’s Apple Store has been opened in Mumbai’s is located bustling Bandra Kurla Complex financial, arts, and entertainment district, and Delhi one has been opened in Saket. The […]

Apr 27, 2023
TCS working on doubling the salary, and reducing disparity
Compensation

TCS working on doubling the salary, and reducing disparity

An Indian multinational information technology services and consulting company, Tata Consultancy Services (TCS) is looking forward to very high increments for new hires. TCS has already rolled out offers to 46,000 freshers for the FY24, at a time when the industry has been marred by onboarding delays in a challenging macroeconomic climate. The company has […]

Apr 26, 2023
Cognizant announces the third hike, Read CEO email to employees
Compensation

Cognizant announces the third hike, Read CEO email to employees

An American multinational information technology services and consulting company, Cognizant has announced the third hike in 18 months for its employees. The salary hike is a part of the ‘two-merit cycles’ in a year a one-time measure announced by the company in November 2022. This was announced by the company to arrest the rising attrition. […]

Apr 19, 2023
Samsung reduces employees’ average salary hike to 4.1 percent
Compensation

Samsung reduces employees’ average salary hike to 4.1 percent

A South Korean multinational electronics corporation, Samsung has reduced the salary hike of its employees. The average salary hike is 4.1 percent. The company announced internally earlier in the day on Saturday, April 16. However, in the previous year, the company had agreed on a salary increase of a 9 percent average pay hike for […]

Apr 17, 2023
Infosys confirms 10-13% salary hike, embarks on wage cost battle
Compensation

Infosys confirms 10-13% salary hike, embarks on wage cost battle

According to a mint report, an Indian multinational information technology company, Infosys Ltd has confirmed the salary hike for employees. The increments depend on an employee’s grade, with the senior management receiving lower salary hikes as their salaries are high. Infosys has added that a section of top performers receives 20-25% increments. However, it further […]

Oct 20, 2022
Cognizant rolls out 7-10% salary hikes for employees
Compensation

Cognizant rolls out 7-10% salary hikes for employees

An American multinational information technology services and consulting company, Cognizant has announced that the company is rolling out annual salary hikes for employees ranging between 7% to 10%. However, the company has also stated that employees in Germany and France may have to wait for new salary hike letters. The main reason behind the delay is […]

Oct 19, 2022