Tag: Compensation & Benefits
‘My salary is more than your pre-seed funding’: Woman’s honest reply...
The founder and CEO of healthcare startup Walnut Roshan Patel have reached out candidate software engineer after raising a pre-seed round.
The founder asked, "I...
TCS working on doubling the salary, and reducing disparity
An Indian multinational information technology services and consulting company, Tata Consultancy Services (TCS) is looking forward to very high increments for new hires.
TCS...
HCLTech 85% employees to get variable pay: CPO, R Sundarajan
An information technology services and consulting company, HCLTech will be providing 85 percent of its employees with variable pay for Q4 FY 2022-23.
According...
Wipro imposes test, after slashing salaries by 50% for freshers
Earlier, an Indian multinational corporation, Wipro reduced the fresher employees' salary by 50 percent from Rs 6.5 lakh to Rs 3.5 lakh per annum.
Wipro...
Cognizant announces the third hike, Read CEO email to employees
An American multinational information technology services and consulting company, Cognizant has announced the third hike in 18 months for its employees.
The salary hike...
Samsung reduces employees’ average salary hike to 4.1 percent
A South Korean multinational electronics corporation, Samsung has reduced the salary hike of its employees. The average salary hike is 4.1 percent.
The company announced...
TCS & IT companies delay onboarding of freshers, cut variable pay
According to the reports to Business Today, IT companies including TCS, Wipro, and many others are facing an economic slowdown.
The report also...
Amazon to plans to cut Stock Awards & fire hundreds of...
The e-commerce technology company, Amazon has recently announced to sack more than 100 employees from its gaming division.
The company is ongoing efforts to restructure...
Salary hike alert: Air India staff to receive 8-10% salary hike
According to a Livemint report, the flag carrier airline of India, Tata group-owned Air India will be revising the salary of staff and it...
Meta may lower bonus payments of some employees
According to the reports, Facebook owner Meta will be lowering bonus payments for some employees. The bonus multiplier for that grade has been cut...