Tag: Compensation
Lufthansa to hike pay for pilots
The Germany Carrier, Lufthansa Airlines Group has agreed to pay increased salaries to its pilots at Lufthansa and Lufthansa Cargo.
During the coronavirus, the airline...
Capgemini announces its 9th Employee Share Ownership PlanÂ
IT major, Capgemini has announced the launch of its ninth Employee Share Ownership Plan (ESOP). This new employee share ownership plan is offered to...
Tata Steel announces annual bonus, goodwill bonus for employees
The top global steel company, Tata Steel Jamshedpur has announced 20% annual bonus and a Rs 20K goodwill bonus.
This year, the bonus amount will...
SpiceJet is apparently not depositing PF in staff accounts
India’s most preferred airline, SpiceJet financial crisis is hurting employees. Earlier, Chief Financial Officer Sanjeev Taneja had also quit the organization due to concerns over...
TCS ends Anniversary Appraisal Policy for new lateral employees
According to media reports, India’s largest IT services provider, Tata Consultancy Services (TCS) has stopped its anniversary appraisal policy for newly joined lateral employees, effective from April...
SpiceJet delays disbursal of salaries for the second straight month
India’s Most Preferred airline, SpiceJet has delayed the disbursal of salaries for the second straight month. The airline said that the payments will be made in a...
TCS to pay 100% variable pay to its employees, No Delay
India’s largest IT services firm, Tata Consultancy Services (TCS) clarified that it has not delayed payments of variable pay to its employees for Q1.
The company...
Twitter employees may only receive 50% of their annual bonus
The microblogging platform, Twitter has recently informed its employees that they would be receiving only half of their annual bonus.
As per report, the...
Infosys cuts average Variable Pay to 70% for the first quarter
India's second-largest IT services company Infosys has scaled back the average variable payout of employees to about 70 per cent for the June quarter...
TCS delays variable pay for select employees after Wipro: Report
India’s largest IT services firm, Tata Consultancy Services (TCS) has delayed variable compensation payments to select employees by about a month for the June...