Tag: Compensation & Benefits
HCLTech sees headcount reduction in Q1FY24, defers pay hikes
HCLTech, a leading global technology company, announced its financial results for Q1FY24, the quarter ended June 30, 2023.
C Vijayakumar, CEO, and Managing Director, HCLTech,...
TCS CHRO: 55% of employees working 3 days a week from...
India's largest IT services firm, Tata Consultancy Services (TCS) reported its consolidated financial results for Q1FY24 the quarter ending June 30, 2023. The IT...
IT major Infosys defers salary hikes for employees
India's second-largest IT giant Infosys has deferred the salary hikes of its employees which it usually rolls out from April for its employees below...
Reliance and Goggle-backed Dunzo defers 50% salary
Reliance and Goggle-backed Dunzo has deferred 50% salaries of its 500 employees in manager-level positions and above. The company at present has around 1,000...
Manager yells at employee for trying to discuss pay hike
When companies increase the pay of any employee it is a long process and when employees discuss the pay hike it has a mixed...
Founder praises ‘high-integrity’; staffer denies taking increased pay
Shivanshi Verma the employer and founder of the healthcare app HealthTick explained that an employee, she hired is a 'high-integrity' staffer and even after increasing...
Air India revises job contracts for non-flying staff
The flag carrier of India, Air India has recently revised the job contracts for non-flying staff with retrospective effect from 1 April.
The changes...
Akasa Air announces salary hike by 40% effective July 1
According to the ET reports, An Indian low-cost airline, Akasa Air increases the salary by 40% and it will be effective from July 1,...
TCS is working to double employees’ salaries, reduce pay disparity
An Indian multinational information technology services and consulting company, Tata Consultancy Services (TCS) announced variable pay and increments to its existing staff earlier.
TCS is also working...
Tata Group awards huge salary hikes of 16-60% to its top...
According to Economic Times report, Tata Group senior officials have received huge increments ranging from 16 to 60 percent.
"CEOs of high-growth companies are...