Tag: Compensation & Benefits
Infosys to roll out 65% variable pay for Q2
India’s second-largest IT major, Infosys announced that its employees will be receiving 65 percent variable pay for the July - September quarter of FY23.
According to...
Former HCL CEO says moonlighting in IT industry due to Less...
Moonlighting is a kind of practice when someone is taking up a second job during or outside the normal business hours of primary employment. However, in...
Indian employees likely to see highest salary hikes in 2023, Report
Soaring inflation is set to put a major dent in salary hikes for the second year running in 2023, according to a new survey...
Diamond crafting firm gives solar rooftop panels as Diwali gifts to...
One of the world's leading diamond crafting companies, Shree Ramkrishna Exports Pvt. Ltd. (SRK) has announced that the company will be gifting solar rooftop panels to...
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...
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...
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...
70% of TCS employees to get full variable pay in Q2
An Indian multinational information technology service company, Tata Consultancy Services (TCS) will payout 100% variable pay for 70% of its employees.
The company is paying variable pay...
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...
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...