Tag: Compensation & Benefits
Average salaries in India to increase by 10.2 per cent in...
EY, the leading professional services organization, released its ‘Future of Pay’ 2023. The report estimates average salaries in India to increase by 10.2 percent in...
Wipro should relook at the strategy of salary cuts for freshers
Recently, An Indian multinational corporation, Wipro rolled out a revised offer letter for recruits awaiting onboarding at the company for over 12 months. The company...
CRED CEO Kunal Shah says his salary is only Rs 15,000/month
An Indian fintech company, CRED Chief Executive Officer (CEO) Kunal Shah took to Instagram to hold an ‘Ask Me Anything’ session.
In the ‘Ask Me...
Flipkart will not give salary hikes to its senior employees this...
In mid of the layoff wave, Walmart-owned e-commerce giant, Flipkart will not give salary hikes to its nearly 4500 senior employees this year.
Flipkart will...
Amazon is likely to cut salaries of some employees by 50%
According to Business Insider reports, an American multinational technology company, Amazon corporate is likely to cut the salary of some employees by 50 percent.
Amazon Chief...
Citigroup CEO Jane Fraser Gets 9% Salary Hike
An American multinational investment bank and financial services corporation, Citigroup Chief Executive Officer (CEO) Jane Fraser will receive a salary hike of 9%.
Jane Fraser has been...
Wipro cuts freshers’ pay by 50% amid onboarding delays
An Indian multinational corporation, Wipro has reduced the employee's salary by 50 percent from Rs 6.5 lakh to Rs 3.5 lakh per annum.
Wipro provides...
Wipro rolls out 87% variable pay to employees for Q3FY23
As per reports, an Indian multinational corporation, Wipro rolls out 87% of the variable quarterly pay to over 80% of its workforce.
However, Wipro's remaining...
Google employees protest against poor work conditions, job cuts
According to media reports, Google employees have been protesting against poor work conditions and job cuts. The employees have been protesting in the US...
Top executives to receive an average salary hike of 9.1% in...
AON India recently conducted the most recent edition of its twelfth yearly Executive Rewards Survey that has found that Top executives to receive an...