Latest wages HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on wages.
Bengaluru-based, IT major Wipro has announced that it will be awarding annual increments to eligible...
Indias airline, SpiceJet has announced a percent salary hike for its pilots from October this ye...
Ford India, the subsidiary of United States-based automaker Ford on Thursday said it has arrived at ...
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 […]
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 […]
Ritesh Agarwal, the Founder, and CEO of OYO, earned Rs. 5.6 crore in compensation in the last fiscal year, an increase of 250 percent from the year before, according to the firm’s filing with market regulator SEBI. Salary Cuts According to the regulatory filing, it showed that the company has cut the salaries of employees and bonus expenses significantly. Apart […]
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 […]
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 […]
On May 20, the Arvind Kejriwal government in Delhi increased the dearness allowance (DA) for workers. The monthly wages for unskilled labourers have been increased from Rs. 16,064 to Rs. 16,506 following the recent amendment in the dearness allowance. Semi-skilled labourers’ earnings have also been enhanced from Rs. 17,693 to Rs. 18,187 per month. Wages for skilled workers have […]
For a long, employers have pondered over the importance of gender diversity and the extent to which organizations should strive to achieve the same. Employees are expecting more from their employers. Over the last several years, we have seen a dramatic shift in the public consciousness towards social justice, transparency, and intolerance of inequity. The […]
Apple delivered a message to employees on Friday that was striking given its reputation for secrecy: a reminder that workers may discuss wages, hours, and working conditions. The notice came as some employees have been pushing Apple to do more to ensure there are no unfair gaps in pay across the company. In a post […]
Walmart Inc said on Thursday it was phasing out its decades-old quarterly bonuses for store workers as it implements hourly wage raises for employees. The U.S. retailer would scrap the benefit at the end of its fiscal year on Jan. 31, and roll it into associates’ base pay. “The overwhelming majority of our associates say their hourly wage […]
The year 2020 will be remembered as a year for devastation, Job loss and exodus of Migrant labourers. There are many good things also happening amid this situation of crisis, Introduction of Four Labour codes was one of them. Labour codes mitigate the generation gap of seven decades, where the emphasis is much on practising […]
EPFO settles 56.79 lakh COVID-19 advance claims, releases over Rs 14,000 cr till Dec 2020 Retirement fund body EPFO has settled 56.79 lakh COVID-19 non-refundable advance claims, and has disbursed Rs 14,310 crore till December 31, 2020, reflecting the adverse impact of the pandemic on the formal sector workforce. When the coronavirus-induced lockdown was imposed […]
Uniform definition of ‘Wages’ under 4 new Labour Codes and its Impact: Parizad Sirwalla, Partner KPMG Labour laws in India are traditionally governed by multiple Central government and state government legislations. With a view to harmonise and consolidate such multiple labour legislations, 29 existing Central laws have been amalgamated into four labour codes. These codes regulate […]
