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: Oct 2022

Compensation

Infosys confirms - salary hike, embarks on wage cost battle

Oct 20, 2022

Cognizant rolls out - salary hikes for employees

An American multinational information technology services and consulting company, Cognizant has anno...

Compensation

Oct 19, 2022

Cognizant rolls out - salary hikes for employees

Salaries expected to restore to pre-pandemic level

According to TeamLease HRTech CEO Sumit Sabharwal, It is expected that certain sectors will restore ...

Compensation

Oct 17, 2022

Salaries expected to restore to pre-pandemic level

Delhi Government Increases Minimum Wages, Effective October

Delhi Government has increased the minimum wages of unskilled, semi-skilled, and skilled workers of ...

Compensation

Oct 14, 2022

Delhi Government Increases Minimum Wages, Effective October

Industry

TCS, Infosys, Wipro: Can ex-workers join rivals?

Infosys has a non-compete clause in the offer letters which restricts the employees who resigned from the company can’t work with the ‘named competitors’. The ‘named competitors’ such as Tata Consultancy Services, IBM, Cognizant, Wipro, and Accenture’ for 6 months if the new job involves working with a customer with whom the employee has worked in […]

Oct 5, 2022

Compensation

TCS says no change in increment policy for employees

India’s largest IT services provider, Tata Consultancy Services (TCS) has denied any change in its increment policy. The company has also said that there is no salary reduction for any employee. The company said that all its experienced employees will get an annual salary appraisal. Earlier, there have been reports claiming Tata Consultancy Services has reduced […]

Oct 3, 2022

EPFO

EPFO to increase Salary limit of employees: Report

A high-level committee has proposed the increase the wage ceiling under the Employees’ Provident Fund Organization (EPFO). The proposed increase to Rs 21,000 per month from the existing Rs 15,000. According to a report, the government may increase the limit on the salary of employees. The report said, The proposed increase of the salary limit to […]

Oct 2, 2022

Compensation

Wipro, TCS, Infosys pay salaries to engineers less than startups

Weekday has revealed that engineers working for startups get more annual salaries when compared to Indian IT companies like Wipro, TCS, and Infosys, among others. The data shows that employees are earning tens of lakhs per annum are particularly high if they are working with one of the product startups, instead of IT companies like […]

Sep 28, 2022

Labour Law

Supreme Court: Leave Encashment Benefit is Part of Salary

Supreme Court observed that the appellants had to fight for their entitlements. The Supreme Court has held the judgement that the leave encashment is part of the salary. The appellants were appointed against sanctioned posts by the fourth respondent (a senior secondary school, established and controlled by the fifth respondent trust, hereafter referred to collectively […]

Sep 28, 2022

Compensation

11 lakh railway employees to get 78 days bonus before Dussehra

India’s national railway system, Indian Railways has announced that over 11 lakh railway employees will receive a 78-day bonus before Dussehra. However, the Union cabinet will approve this week. The Railway Board has put forward the proposal of a 78-day bonus to the Centre. During this process of bonus, there will be an expenditure of […]

Sep 27, 2022

Compensation

Wipro rolls out annual salary hikes to employees

Bengaluru-based, IT major Wipro has announced that it will be awarding annual increments to eligible employees for the year ending 2022. The employee will receive the salary increment in their September salary along with their merit salary increase letter. The company is expected to cover 96 percent of its employees. Earlier, Wipro said, “There is no […]

Sep 24, 2022

Compensation

SpiceJet announces 20% salary hike for pilots

India’s airline, SpiceJet has announced a 20 percent salary hike for its pilots from October this year onwards. According to an internal mail to all the pilots, Senior VP, Gurcharan Arora said, “The Spicejet has received the approval for a loan under the government’s ECLGS scheme.” “The first tranche of the payment has already been […]

Sep 23, 2022

Compensation

Ford India finally strikes settlement deal with unions

Ford India, the subsidiary of United States-based automaker Ford on Thursday said it has arrived at a settlement with the employees union on the severance package following the company’s decision to shut its Tamil Nadu plant as part of a restructuring exercise. Accordingly, the company would revise the final severance settlement to an average equivalent […]

Sep 23, 2022

Compensation

SpiceJet Puts 80 Pilots on Leave Without Pay for 3 Months

India’s Most Preferred airline, SpiceJet has announced that it had made the temporary decision to put some pilots on leave without pay (LWP) for three months. This move has been taken into consideration to reduce costs. The pilots who have been forced to go on leave without pay are from the airline’s Boeing and Bombardier […]

Sep 22, 2022

Compensation

Swiggy delivery partners on strike, demand better pay structure

An Indian online food ordering and delivery platform, Swiggy delivery partners in Chennai are on strike demanding the withdrawal of a new pay structure introduced by the company. As per media reports, the revisions are as follows: The delivery executives have to complete 30 order deliveries daily. This summarizes the delivery executives’ entire day. As […]

Sep 22, 2022

Compensation

Honda overpaid staff bonuses, now asked for refund: Report

A Japanese public multinational conglomerate manufacturer of automobiles, motorcycles, and power equipment Honda has overpaid bonuses to the employees. During COVID -19 there had been increased inflation. On the other hand, many companies have laid off their employees and have also frozen their hiring. However, now Honda on the other end has paid excess bonuses […]

Sep 22, 2022