Salary: HR News, Trends & Workplace Insights

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

Updated on: Dec 2023
Wipro to roll out salary hikes in October quarter
Compensation

Wipro to roll out salary hikes in October quarter

An Indian multinational corporation, Wipro to roll out salary hikes in the October-December quarter, an average increase is expected at 6%-8%. According to Times of India, it is expected that the top performers at the organization will receive a salary hike in double-digit. Earlier, Wipro had postponed the salary hike of its employees to the […]

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Infosys to begin fresh appraisal cycle; last year hikes still pending
Compensation

Infosys to begin fresh appraisal cycle; last year hikes still pending

An Indian multinational information technology company, Infosys will be beginning a fresh appraisal cycle for its employees. The current performance evaluation at Infosys is for October 2022 to September 2023. The company will start its ‘performance review cycle–October 2023’ with self-evaluation on September 29. According to Economic Times, In the previous year, the appraisal process […]

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HR cuts employee salary after being stuck in company’s elevator
Social Media

HR cuts employee salary after being stuck in company’s elevator

The salary deduction can be different but recently a Reddit user shared a post saying that his salary was deducted by the HR after being stuck in company’s elevator. The post recently shared on Reddit said, “My office is on 7th floor and we need elevator to go up and down and from past few […]

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Byju’s defers to pay laid-off employees full & final settlements
Compensation

Byju’s defers to pay laid-off employees full & final settlements

Earlier in June, An Indian multinational educational technology company, Byju’s had laid off over 1,000 employees across various departments, including mentoring, logistics, training, sales, post-sales, and finance. According to Money Control report, Edtech Major said in a mail to the laid-off employees, “This is to inform you that the full and final settlement amount will be […]

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Salary expectation is intimidating to answer for freshers, here’re tips
Social Media

Salary expectation is intimidating to answer for freshers, here’re tips

Salary expectations are intimidating to answer for freshers. IT industry exploiting freshers but pays bigger salaries to seniors, says Ex Infosys director Mohandas Pai Recently, a final-year B.Tech student from NIT Jalandhar took to X (formally Twitter) on the relatively low salaries for fresh graduates and demanding work conditions. He shared a screenshot highlighting the terms and conditions of Tech […]

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Tech Mahindra Offering Low Salaries to Campus Hires?
Compensation

Tech Mahindra Offering Low Salaries to Campus Hires?

Due to Covid 19, earlier companies delayed the onboarding for the freshers. Post this the freshers did face the issue of salaries. Recently, a final-year B.Tech student from NIT Jalandhar took to X (formally Twitter) on the relatively low salaries for fresh graduates and demanding work conditions. He shared a screenshot highlighting the terms and […]

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Ambani-backed startup Dunzo is unable to pay salaries again
Compensation

Ambani-backed startup Dunzo is unable to pay salaries again

An all-in-one 24X7 delivery platform, Mukesh-Isha Ambani-backed startup Dunzo is unable to pay salaries again. DNA India has recently shared the email, Mukesh-Isha Ambani-backed Dunzo e-mail reads, “We sincerely apologize for this delay. Ensuring that you receive your due compensation as early as possible is our top priority.” “Please be assured that we are doing […]

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Tetley announces 7% salary increase for employees
Compensation

Tetley announces 7% salary increase for employees

The 2nd largest tea brand globally, Tetley will be increasing the salary of employees by 7% salary. The raise will be effective from 1 April 2023. This will benefit roughly 200 employees working for Tata Consumer Products, the manufacturer of Tetley goods for Canada and the UK. Other Companies Salary Increase / Announcements Tech Mahindra […]

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Startup employees in India got 8-12 % average salary hikes
Compensation

Startup employees in India got 8-12 % average salary hikes

The Indian startup employees got an average salary increment of 8 to 12 percent in 2022-2023. Dipesh Jain, AVP – Talent, Elevation Capital said, “The shift in the market situation has led to a correction in salaries, though largely at the leadership level.” “Interestingly, on the other hand, job seekers are willing to wait longer […]

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IndiGo announces salary hike for pilots, cabin crew
Compensation

IndiGo announces salary hike for pilots, cabin crew

An Indian low-cost airline, InterGlobe Aviation Limited (IndiGo) has announced a salary hike for pilots and cabin crew effective October 1, 2023. The airline’s senior vice president of flight operations Ashim Mitra said in a memo, “While we regained and started to build our financial strength over this past year, we reviewed and reinstated salaries […]

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Intel reverses salary cuts; will compensate employees with RSUs
Compensation

Intel reverses salary cuts; will compensate employees with RSUs

Earlier reports in February said that an American multinational corporation and technology company Intel Corp will reduce the salary of 5% of base pay for mid-level employees and a 25% reduction in CEO Pat Gelsinger’s salary. “As we continue to navigate macroeconomic headwinds and work to reduce costs across the company, we’ve made several adjustments to […]

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An employee cheats employer of over Rs 4 crore, puts wife on payroll
Industry

An employee cheats employer of over Rs 4 crore, puts wife on payroll

A former employee Radhaballav Nath of ManpowerGroup Service Private Limited has cheated his employer of over Rs 4 crore by adding his unemployed wife to the payroll for 10 years. According to Mony Control, ManpowerGroup Service Private Limited was investigating the financial crime and was questioning its data privacy measures. The company came to know […]

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