Tag: Compensation
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...
India Ahead shuts down, employees not paid for months
India Ahead - The National English News channel has shut down its operations. Due to this reason, the employees have not been paid for months.
Ridhima...
Google delays Year-end bonus checks for employees
An American multinational technology company, Google has delayed the Year-end bonus checks for employees due to the transition to a new performance management system.
According to...
Cognizant CEO Ravi’s salary is 4 times Mukesh Ambani’s 2020 pay
According to reports, an American multinational information technology services and consulting company, Cognizant's new CEO Ravi's total yearly compensation will be Rs 57 crore....
Apple CEO to take a 40% pay cut
An American multinational technology company, Apple Chief Executive Officer (CEO) Tim Cook will take a 40% pay cut in 2023.
The pay cut was based on the...
TCS rolls out 100% variable pay for the majority of the...
India’s largest IT major, As per the reports, Tata Consultancy Services (TCS) has decided to give 100 percent variable pay to almost all junior-level...
ESIC: Dependent Benefit pays at the rate of 90% of wage
One of the two main statutory social security bodies, Employees' State Insurance Corporation (ESIC) has announced that the dependent Benefit is eligible for benefits after...
HRA rules revised: Cases where the employees are not eligible
The Department of Expenditure, under the finance ministry, has updated the rules for claiming house rent allowance (HRA). There are three cases where government...