Tag: Salary Cuts
Wipro cuts freshers’ pay by 50% amid onboarding delays
An Indian multinational corporation, Wipro has reduced the employee's salary by 50 percent from Rs 6.5 lakh to Rs 3.5 lakh per annum.
Wipro provides...
Deutsche Bank to cut bonuses of employees misusing WhatsApp
According to Bloomberg reports, A German multinational investment bank and financial services company, Deutsche Bank, announced that the bank will cut bonuses for staff misusing...
Senior executives, some pilots, and cabin crew left Jet Airways
In an Indian airline, Jet Airways, some of its senior management executives, pilots, and cabin crew left the airline on December 26.
As per the...
Air India pilots union wants Chairman’s heed on working conditions
TATA-Group-owned, Air India pilots' union has alleged that working conditions are hostile at the airline and sought Tata group Chairman N Chandrasekaran's intervention to...
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...
Overview: Salary Increments in 2020 and Trends for 2021
Overview: Salary Increments in 2020 and forecast for 2021
India Inc offered the lowest ever salary increments to employees in 2020 as COVID-19 disrupted the...
Salary cuts are getting rolled back, getting back to Normal?
Salary cuts are getting rolled back, getting back to Normal?
After reducing salaries owing to the pandemic, various companies are now bringing remunerations back to...
MakeMyTrip restores salaries as business starts to revive
MakeMyTrip restores salaries as business starts to revive gradually
MakeMyTrip, a leading online travel company, has started restoring salaries of employees with a revival...
Zomato re-instated salary cuts, paying back all deductions
Online Food delivery app Zomato re-instated salary cuts, paying back all deductions
Online Food delivery app Zomato said, We have re-instated any salary cuts that...
Tata Group initiates salary cuts by 15-20%, Report
The salary cuts at Tata Group, approximately 15-20 percent, only for senior roles, Vice President level and above
Tata Sons and the group companies are...