Tag: Salary Hike
Samsung reduces employees’ average salary hike to 4.1 percent
A South Korean multinational electronics corporation, Samsung has reduced the salary hike of its employees. The average salary hike is 4.1 percent.
The company announced...
TCS Salary Hike: Top-performing employees to get 12-15% hike
According to reports, Tata Consultancy Services (TCS) is expected to revise the salary of employees as usual.
Milind Lakkad, the Chief Human Resources Officer said,...
Salary hike alert: Air India staff to receive 8-10% salary hike
According to a Livemint report, the flag carrier airline of India, Tata group-owned Air India will be revising the salary of staff and it...
Flipkart will not give salary hikes to its senior employees this...
In mid of the layoff wave, Walmart-owned e-commerce giant, Flipkart will not give salary hikes to its nearly 4500 senior employees this year.
Flipkart will...
Citigroup CEO Jane Fraser Gets 9% Salary Hike
An American multinational investment bank and financial services corporation, Citigroup Chief Executive Officer (CEO) Jane Fraser will receive a salary hike of 9%.
Jane Fraser has been...
Top executives to receive an average salary hike of 9.1% in...
AON India recently conducted the most recent edition of its twelfth yearly Executive Rewards Survey that has found that Top executives to receive an...
Indian employees likely to get 15-30% salary hike in 2023, Report
According to the survey by Korn Ferry, the companies in India are projected to dole out an average salary hike of 15 to 30...
HRA rules revised: Cases where the employees are not eligible
The Department of Expenditure, under the finance ministry, has updated the rules for claiming house rent allowance (HRA). There are three cases where government...
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...
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....