Tag: Compensation & Benefits
Karnataka Minister asked Byju’s to pay ex-employees salaries
The labour department has received numerous emails from former employees of Byju's, stating that they have not yet received their full and final settlements...
How Generative AI is Revolutionizing Compensation & Benefits
In the ever-evolving landscape of Human Resources, the integration of Generative AI (Gen AI) has sparked a monumental shift in the management of Total...
BYJU’S cuts new sales hires’ pay by 90%, linked to performance
According to the report published by inc42, a global ed-tech company, BYJU'S has reduced the fixed salaries of new Sales hires by 90%.
The fixed monthly...
Air India Increases Pilot Salaries by 15,000, adds Bonus
A Tata Group owned, Air India has increased the salaries of their employees and also will provide annual performance bonuses with effect April 1.
The...
IndiGo rewards employees with a bonus equal to 1.5 months’ salary
According to Business Standard, India's preferred airline, IndiGo declared a special one-time bonus for all its employees, equal to 45 days of basic salary.
The...
Koo Halts Salary, Seeks Strategic Partners Amid Financial Woes
Koo, the indigenous microblogging platform, has disclosed its suspension of April's salary payments due to financial challenges.
The decision, unveiled during an early April Zoom...
TCS requires 60% office attendance for variable pay
According to the media reports, a global leader in IT services, consulting, and business solutions company, Tata Consultancy Services (TCS) requires 60% office attendance...
Has TCS granted pay hikes based on office attendance?
Tata Consultancy Services (TCS), a prominent IT services firm, has announced salary increments ranging from 4.5% to 7%, contingent on performance. The high-performing employees...
TCS announces salary hike for top performers in double digits
An Indian multinational information technology services and consulting company, Tata Consultancy Services (TCS) announced annual increments in double-digit hikes for top performers starting from April...
Deloitte reports average CEO pay increase 40% to INR 13.8 crore
According to the Deloitte India Executive Performance and Rewards Survey 2024, average CEO compensation stands at INR 13.8 crore, up 40 percent compared with...