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: Nov 2023

Compensation

Salary hike trends for when IT giants are deferring pay raises

Nov 20, 2023

Wipro to roll out merit salary increases, effective by December

An Indian multinational corporation that provides information technology, Wipro to roll out merit sa...

Compensation

Oct 11, 2023

Wipro to roll out merit salary increases, effective by December

No salary for Ambanis children, only fee for attending board meets

An Indian multinational conglomerate,nbspReliance Industries Ltd RIL will not pay any salary to ...

Compensation

Sep 30, 2023

No salary for Ambanis children, only fee for attending board meets

Wipro to roll out salary hikes in October quarter

An Indian multinational corporation, Wipro to roll out salary hikes in the October-December quarter,...

Compensation

Sep 29, 2023

Wipro to roll out salary hikes in October quarter

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 […]

Sep 27, 2023

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 […]

Sep 27, 2023

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 […]

Sep 19, 2023

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 […]

Sep 16, 2023

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 […]

Sep 13, 2023

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 […]

Sep 1, 2023

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 […]

Aug 24, 2023

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 […]

Aug 11, 2023

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 […]

Aug 4, 2023

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 […]

Aug 3, 2023

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 […]

Aug 1, 2023

Hiring

Netflix offers Rs 7.4 Cr annual salary for the position of AI manager

The media company, Netflix is offering a salary package of up to $900,000 (Rs 7,40,33,775) to an Artificial Intelligence product manager, The company also said in its post, “At Netflix, we carefully consider a wide range of compensation factors to determine your personal top of the market.” “We rely on market indicators to determine compensation and […]

Jul 31, 2023