Tag: Compensation
FIITJEE withholds salaries, citing a need for increased productivity
FIITJEE, as per Money Control, has frozen employee salaries, citing the necessity for heightened productivity, reflecting issues within the coaching institute regarding financial management...
9.6% average salary hike for India Inc in 2024; attrition dropped
The EY report suggests that India Inc. is set for an average salary increase of 9.6% in 2024, similar to the actual increase in 2023.
Abhishek...
Wipro to offer employees 85% variable pay component
According to Financial Express report, a leading technology services and consulting company, Wipro plans to offer its employees an average 85% variable pay for the...
Salary hike at manufacturing firms likely to be 10.1%
According to the Annual Salary Increase and Turnover Survey 2023-24 India by Aon plc, a prominent global professional services firm, salaries in India are...
Tips for Negotiating Your Salary at the Job Offer
Many individuals find themselves in a challenging position when it comes to salary negotiations. The fear of potentially jeopardizing a job offer or feeling...
Tech salaries are hit up to 40% as economic slowdown takes...
In the wake of an unprecedented economic slowdown, the technology industry is experiencing a significant blow to its once-flourishing job market.
As companies struggle...
Google offered 4x (300% hike) to retain the employees
According to BT report, American multinational technology company, Google recently offered 4x (300% hike) the salary to an employee who was considering a position...
Sterlite Technologies (STL) announces salary cuts by 15 to 25%
As per multiple media reports, Sterlite Technologies Limited (STL), a prominent global provider of optical and digital solutions, has implemented salary reductions ranging from...
Infosys continues to defer the roll-out hikes in January
The IT major, Infosys had earlier deferred the salary hikes of their employees and it was expected the company to roll out the salary...
Infosys hands out salary hike letters, average pay hike below 10%
According to ET report, an Indian multinational information technology company, Infosys handed over salary hike letters to a large number of employees on Friday,...