Tag: Compensation
Tata Steel to pay Rs 314.70 crore as annual bonus to...
An Indian multinational steel-making company, Tata Steel will pay Rs 314.70 crore as an annual bonus to employees for the year 2022-2023.
The company...
Most IT firms give Nil/less increments or deferred salary hikes
Most IT services-providing companies have announced Nil/less salary increments or deferred salary hikes due to economic uncertainties.
Also, Major tech companies are delaying the salary...
Ambani-backed startup Dunzo is unable to pay salaries again
An all-in-one 24X7 delivery platform, Mukesh-Isha Ambani-backed startup Dunzo is unable to pay salaries again.
DNA India has recently shared the email, Mukesh-Isha Ambani-backed...
LTIMindtree rolled out very poor increments, 0-2% hike after delay
An Indian multinational information technology services and consulting company, LTIMindtree rolled out very poor increments for its employees, many have received a 0-2% hike even...
Hexaware Technologies gives between 14% to 16% salary hike
IT major, Hexaware Technologies gives 100% variable pay to its employees. And the exceptional performers will be receiving 120% variable pay.
Vinod Chandran, Chief Operating...
Tetley announces 7% salary increase for employees
The 2nd largest tea brand globally, Tetley will be increasing the salary of employees by 7% salary. The raise will be effective from 1...
Infosys employees to receive 80% variable pay
An Indian multinational information technology company, Infosys employees will receive 80% of their variable pay in the June quarter. Some of the top performers have received...
Wipro will not be hiring with 30% Hike; defers salary hikes...
An Indian multinational corporation providing information technology, consultant, and business process services, Wipro CHRO said that there will be no more hiring with 30%...
Startup employees in India got 8-12 % average salary hikes
The Indian startup employees got an average salary increment of 8 to 12 percent in 2022-2023. Dipesh Jain, AVP - Talent, Elevation Capital said,...
IndiGo announces salary hike for pilots, cabin crew
An Indian low-cost airline, InterGlobe Aviation Limited (IndiGo) has announced a salary hike for pilots and cabin crew effective October 1, 2023.
The airline’s senior...