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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: Jun 2023
Staff unpaid for months, startup rents Taj Land room for Kday
Industry

Staff unpaid for months, startup rents Taj Land room for Kday

Jun 6, 2023

Infosys CEO Salil Parekhs salary drops by Report

According to a report of Business Today, Infosys CEO Salil Parekhs total salary has been redu...

Compensation
Jun 5, 2023
Infosys CEO Salil Parekhs salary drops by Report

HCLTech changes its HR policy, impact on salaries, NITES in action

An Indian multinational information technology services provider company, HCLTechnbsphas recently ...

Compensation
Jun 2, 2023
HCLTech changes its HR policy, impact on salaries, NITES in action

Microsoft CMO guides employees on how to raise salaries

An American multinational technology corporation, Microsoft employeesnbsparent getting sala...

Industry
May 22, 2023
Microsoft CMO guides employees on how to raise salaries
Infosys reduces Average Variable Payout for Q4FY23 to 60%
Compensation

Infosys reduces Average Variable Payout for Q4FY23 to 60%

India’s second-largest IT giant Infosys said that the average variable payout for Q4FY23 has been reduced to 60 percent at an organization level. The employees will receive individual emails regarding the Payout. The variable pay would be disbursed along with the May salary. In Q1FY23, Infosys had lowered variable payout to 70 percent, which was then […]

May 18, 2023
IBM employee on Sick Leave for 15 years sued Co. for no pay rise
Compensation

IBM employee on Sick Leave for 15 years sued Co. for no pay rise

According to the reports of Livemint, An American multinational technology corporation, IBM employee has been on sick leave since 2008. He sued his company for discrimination because he did not receive a raise. He claimed, however, that he was a victim of ‘disability discrimination’ since his income had not been increased in the 15 years he […]

May 15, 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
Burger King employee gifted Rs 3 Cr for not taking a single leave in 27 yrs
Compensation

Burger King employee gifted Rs 3 Cr for not taking a single leave in 27 yrs

A 54-year-old Burger King employee has received over $400,000 nearly Rs 3.26 crore, on his retirement. he has never missed a day of work in 27 years. An Instagram page titled Kevin Ford shared the video and the caption read, “Keep Workers Nowadays, He Even Worked Through the Early Covid Days, Never Missing A Day of Work, […]

May 9, 2023
Google’s leadership double standards: Example of corporate greed
Industry

Google’s leadership double standards: Example of corporate greed

Google’s leadership has double standards. However, due to economic uncertainty, the company laid off and also cut the benefits of the employees but when it comes to the salary of the top executive they are paid very high. Harpreet Singh Saluja, President – Nascent Information Technology Employees Senate, shared a tweet and said, “The double standards […]

May 8, 2023
Wipro official says Over 90% of freshers opt for lower salary option
Industry

Wipro official says Over 90% of freshers opt for lower salary option

According to livemint reports, An Indian multinational corporation, Wipro to fast-track onboarding more than 90% of the freshers have accepted lower salary options. Jatin Dalal, chief financial officer at Wipro said, “The next-gen associates were given both the options and 92% of the campus hires chose to join Wipro at the original offer.” Wipro has reduced the […]

Apr 29, 2023
Woman claims Rs 50k salary not enough to survive in metro city
Compensation

Woman claims Rs 50k salary not enough to survive in metro city

The cost of living in a metro city is high. The cost of living is always on the higher side as room rent, groceries, medical facilities, and more are expensive. Recently, in a viral post on Twitter, a user, named Medha Ganti, shared this struggle of hers and said how it is impossible to survive […]

Apr 29, 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
‘My salary is more than your pre-seed funding’: Woman’s honest reply to founder
Industry

‘My salary is more than your pre-seed funding’: Woman’s honest reply to founder

The founder and CEO of healthcare startup Walnut Roshan Patel have reached out candidate software engineer after raising a pre-seed round. The founder asked, “I run a startup increasing access to healthcare by making it more affordable. We just raised a pre-seed round and are looking to hire talented engineers. Are you interested in chatting?” […]

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
HCLTech 85% employees to get variable pay: CPO, R Sundarajan
Compensation

HCLTech 85% employees to get variable pay: CPO, R Sundarajan

An information technology services and consulting company, HCLTech will be providing 85 percent of its employees with variable pay for Q4 FY 2022-23. According to the reports of Business Today, the Chief People Officer (CPO) of HCLTech Ram Sundarajan said, “The variable pay for Q4 FY23 will be similar to previous quarters where 85 per […]

Apr 21, 2023
Wipro imposes test, after slashing salaries by 50% for freshers
Industry

Wipro imposes test, after slashing salaries by 50% for freshers

Earlier, an Indian multinational corporation, Wipro reduced the fresher employees’ salary by 50 percent from Rs 6.5 lakh to Rs 3.5 lakh per annum. Wipro provides training to freshers employees. This gives an opportunity to the Elite fresher candidate to upgrade to the ‘Turbo’ category. This also upgrades the salary package of employees. The company […]

Apr 20, 2023