Tag: Compensation
Evergreen Marine announces bonuses worth 50 months’ salary
A Taiwanese container transportation and shipping company, Evergreen has announced bonuses worth 50 months’ salary.
The amount for bonuses for employees varies depending on an employee’s...
ESIC Sickness Benefits in the form of cash compensation for employees
One of the two main statutory social security bodies, the Employees' State Insurance Corporation (ESIC) has announced Sickness Benefits in the form of cash...
Woman sacked for being pregnant awarded Rs 15 Lakh compensation
During the period of pregnancy, many female employees lose their jobs. As per the recent Telegraph report, a 34-year-old woman, Charlotte Leitch had only...
Tamil Nadu govt announces 4% hike in Dearness Allowance
Tamil Nadu Chief Minister MK Stalin has announced the hike in the Dearness Allowance (DA) by 4 percent for government employees including teachers, pensioners and family pensioners....
Does TCS announce a massive salary hike of up to 20%...
According to various media reports, India's largest IT Services Provider, Tata Consultancy Services (TCS) has given a salary hike of 20% and variable pay for...
Air India to deduct salary of staff overstaying in Vasant Vihar...
According to The Economic Times reports, Govt asks the TATA group-owned, Air India to deduct employees' salaries for overstaying in Delhi’s Vasant Vihar colony....
LG Tells Kashmiri Pandits No Salary If You Sit At Home
Jammu and Kashmir lieutenant governor (LG) Manoj Sinha has said to the protesting Kashmiri Pandit that the employees posting in the Kashmir Valley to...
Tech Mahindra rewards ESOP to employees worth over Rs 7 lakh
A leading provider of digital transformation, consulting, and business re-engineering solutions, Tech Mahindra has announced the allotment of shares worth Rs 7,58,450 as employee...
Cognizant India spent over Rs 1000 crore on salary hikes
According to Timesnownews, IT major, Cognizant India has spent $130 million (over Rs 1000 crore) in the year for merit-based and off-cycle increments.
Cognizant conveyed...
TCS to give 100% variable compensation scheme to employees
TCS has administered a 100% variable pay scheme.