SightsIn Plus Logo

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: Sep 2022
SpiceJet Puts Pilots on Leave Without Pay for Months
Compensation

SpiceJet Puts Pilots on Leave Without Pay for Months

Sep 22, 2022

Swiggy delivery partners on strike, demand better pay structure

An Indian online food ordering and delivery platform, Swiggy delivery partners in Chennai are on str...

Compensation
Sep 22, 2022
Swiggy delivery partners on strike, demand better pay structure

Honda overpaid staff bonuses, now asked for refund Report

A Japanese public multinational conglomerate manufacturer of automobiles, motorcycles, and power equ...

Compensation
Sep 22, 2022
Honda overpaid staff bonuses, now asked for refund Report

OYO founder Ritesh Agarwals salary goes up

Ritesh Agarwal, the Founder, and CEO of OYO, earned Rs. . crore in compensation in the last fiscal...

Compensation
Sep 20, 2022
OYO founder Ritesh Agarwals salary goes up
Sikkim Government hikes minimum wage by 67%  
Compensation

Sikkim Government hikes minimum wage by 67%  

The Sikkim government has hiked the minimum wage for unskilled workers by 67 percent. Now, the current effective wages will be Rs 500. Labour Minister Lok Nath Sharma said that the minimum wage for daily wage for unskilled workers is increased from Rs. 300 to Rs. 500 effective from July 11, 2022. The labourers will be given […]

Sep 19, 2022
HC backs Court Order asking General Motors India to pay 50% wages to staff
Compensation

HC backs Court Order asking General Motors India to pay 50% wages to staff

As major relief to over 1,000 protesting workers of General Motors India’s plant in Talegaon, Pune, the Bombay High Court has upheld the Pune Industrial Court’s directive to the auto major to pay 50% salary to the employees. In July 2021, the Industrial Court in Pune directed the Indian unit of General Motors to pay […]

Sep 19, 2022
Lufthansa to hike pay for pilots
Compensation

Lufthansa to hike pay for pilots

The Germany Carrier, Lufthansa Airlines Group has agreed to pay increased salaries to its pilots at Lufthansa and Lufthansa Cargo. During the coronavirus, the airline terminated the agreement and started to set up a new airline with lower pay scale conditions. Michael Niggemann, Chief Human Resources Officer and Labor Director of the Deutsche Lufthansa Airlines […]

Sep 16, 2022
SpiceJet is apparently not depositing PF in staff accounts
Compensation

SpiceJet is apparently not depositing PF in staff accounts

India’s most preferred airline, SpiceJet financial crisis is hurting employees. Earlier, Chief Financial Officer Sanjeev Taneja had also quit the organization due to concerns over mounting losses. It is now reported that the airline company has emerged in failing to deposit PF in employees’ accounts.  A SpiceJet spokesperson said, “There has been certain deferral on discharging […]

Sep 6, 2022
SpiceJet delays disbursal of salaries for the second straight month
Industry

SpiceJet delays disbursal of salaries for the second straight month

India’s Most Preferred airline, SpiceJet has delayed the disbursal of salaries for the second straight month. The airline said that the payments will be made in a “graded format”. The employees on Wednesday informed about the delay. This is the second time that the company has delayed the salaries. The company has to release Form 16 for the financial […]

Sep 1, 2022
Mukesh Ambani draws nil salary for second year in row
Industry

Mukesh Ambani draws nil salary for second year in row

Billionaire Mukesh Ambani for the second year in a row drew no salary from his flagship firm Reliance Industries in the last fiscal as he voluntarily gave up remuneration in light of the pandemic hitting the business and economy. In its latest annual report, Reliance said Ambani’s remuneration for the financial year 2020-21 was “nil”. In June 2020, Mukesh […]

Aug 8, 2022
Refyne launches salary-on-demand on WhatsApp
Industry

Refyne launches salary-on-demand on WhatsApp

Refyne has announced its salary on-demand service that is available on WhatsApp. It will help employees access their paychecks in real-time. It will provide customers with a fast, seamless, and convenient way to access their salaries in real-time. The users can simply send a WhatsApp to Refyne. The company will then guide them through some quick […]

Jul 28, 2022
EY staff paycheques were reversed from staff accounts due to error
Compensation

EY staff paycheques were reversed from staff accounts due to error

The leading global professional services organization, Ernst & Young Global Ltd. (EY) U.S. employees’ paycheques were accidentally reversed by the payroll provider ADP. The salary was erroneously reversed on EY’s July 15 payroll impacting the US employees. The company was working urgently with ADP to fix the error. This has affected all of its roughly 55,000 US […]

Jul 22, 2022
Company accidentally paid employee Rs. 1.4 cr instead of his actual salary
Industry

Company accidentally paid employee Rs. 1.4 cr instead of his actual salary

The company mistakenly paid 286 times an employee his salary last month. The company paid the employee 165,398,851 Chilean pesos (Rs 1.42 crore), instead of 500,000 pesos (Rs 43,000). This incident took place in the human resources area of ​​Consorcio Industrial de Alimentos (Cial). On May 30, one of the company’s workers approached the deputy manager of […]

Jun 29, 2022
IT companies to raise entry-level salaries for fresh graduates
Industry

IT companies to raise entry-level salaries for fresh graduates

As entry-level employees in India’s IT companies continue to rise faster, the IT firms are now focusing on hiring fresh graduates and increasing their salaries. Apparao V.V., Chief Human Resources Officer, HCL Technologies said, “The salaries for entry-level engineers have been revised to Rs 4.25 lakh this year from Rs 3.65 lakh. We are also […]

Apr 25, 2022
DXC Technology to regularise salary increments, increase hiring
Industry

DXC Technology to regularise salary increments, increase hiring

According to TOI report, DXC Technology, a global technology company has said that it is going to regularise its salary review process and expedite the hiring in 2021. Mary E Finch, CHRO and EVP, DXC Technology said in a statement that one of her first initiatives was the Pay the People campaign.  “There was no regular pay […]

Jun 25, 2021
Citigroup slashes CEO’s pay by 21%, to $19 million
Jobs

Citigroup slashes CEO’s pay by 21%, to $19 million

Citigroup slashes CEO’s pay by 21%, to $19 million Citigroup Inc said late on Friday that outgoing Chief Executive Officer Mike Corbat’s compensation for 2020 would be $19 million, a 21% decrease from 2019, according to a regulatory filing. Company directors reduced Corbat’s incentive pay for his failures to efficiently address the risk and control […]

Feb 13, 2021