Tag: Compensation
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...
Wipro rolls out 5-year salary plan for campus recruits
India’s IT Major, Wipro has announced its five-year plan for freshers detailing their salary structure, including annual increments and bonuses for campus hires.
According...
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...
Ford India finally strikes settlement deal with unions
Ford India, the subsidiary of United States-based automaker Ford on Thursday said it has arrived at a settlement with the employees union on the...
SpiceJet Puts 80 Pilots on Leave Without Pay for 3 Months
India’s Most Preferred airline, SpiceJet has announced that it had made the temporary decision to put some pilots on leave without pay (LWP) for...
Swiggy delivery partners on strike, demand better pay structure
An Indian online food ordering and delivery platform, Swiggy delivery partners in Chennai are on strike demanding the withdrawal of a new pay structure...
Honda overpaid staff bonuses, now asked for refund: Report
A Japanese public multinational conglomerate manufacturer of automobiles, motorcycles, and power equipment Honda has overpaid bonuses to the employees.
During COVID -19 there had been...
OYO founder Ritesh Agarwal’s salary goes up 250%
Ritesh Agarwal, the Founder, and CEO of OYO, earned Rs. 5.6 crore in compensation in the last fiscal year, an increase of 250 percent from the...