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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: Nov 2022
Former HCL CEO says moonlighting in IT industry due to Less salary
Industry

Former HCL CEO says moonlighting in IT industry due to Less salary

Nov 12, 2022

Wipro rolls out variable pay for Q along with Novs payroll

Indias IT services provider company, Wipro rolls out percent variable pay along with Novembers...

Compensation
Nov 5, 2022
Wipro rolls out variable pay for Q along with Novs payroll

Infosys rolls out variable pay for BPM employees

The business process management subsidiary of Infosys Ltd., Infosys BPM business process management...

Compensation
Nov 3, 2022
Infosys rolls out variable pay for BPM employees

Infosys confirms - salary hike, embarks on wage cost battle

According to a mint report, an Indian multinational information technology company, Infosys Ltd has ...

Compensation
Oct 20, 2022
Infosys confirms - salary hike, embarks on wage cost battle
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
Salaries expected to restore to pre-pandemic level
Compensation

Salaries expected to restore to pre-pandemic level

According to TeamLease HRTech CEO Sumit Sabharwal, It is expected that certain sectors will restore salaries to the pre-pandemic mark. The salary is expected to be restored by the end of this financial year aided by the recovery in economic activities. The companies are trying to work as a pre-pandemic work model only. Sumit Sabharwal […]

Oct 17, 2022
Delhi Government Increases Minimum Wages, Effective October 1
Compensation

Delhi Government Increases Minimum Wages, Effective October 1

Delhi Government has increased the minimum wages of unskilled, semi-skilled, and skilled workers of Delhi and it is effective from October 1, 2022. The government had earlier raised the minimum wage in May. This hike in wages is due to high rising inflation and has come just before Diwali. Deputy Chief Minister Manish Sisodia said, “Amidst […]

Oct 14, 2022
TCS, Infosys, Wipro: Can ex-workers join rivals?
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
TCS says no change in increment policy for employees
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 to increase Salary limit of employees: Report
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
Wipro, TCS, Infosys pay salaries to engineers less than startups 
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
Supreme Court: Leave Encashment Benefit is Part of Salary
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
11 lakh railway employees to get 78 days bonus before Dussehra
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
Wipro rolls out annual salary hikes to employees
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
SpiceJet announces 20% salary hike for pilots
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
Ford India finally strikes settlement deal with unions
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