Tag: Salary Increment
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...
Infosys confirms 10-13% salary hike, embarks on wage cost battle
According to a mint report, an Indian multinational information technology company, Infosys Ltd has confirmed the salary hike for employees.
The increments depend on an...
Cognizant rolls out 7-10% salary hikes for employees
An American multinational information technology services and consulting company, Cognizant has announced that the company is rolling out annual salary hikes for employees ranging between...
Salary in India likely to rise by 10.4% in 2023
According to a survey conducted by Aon, Salaries in India are expected to increase by 10.4% in 2023. This salary increase will be slightly...
Wipro rolls out annual salary hikes to employees
Bengaluru-based, IT major Wipro has announced that it will be awarding annual increments to eligible employees for the year ending 2022.
The employee will...
SpiceJet announces 20% salary hike for pilots
India’s airline, SpiceJet has announced a 20 percent salary hike for its pilots from October this year onwards.
According to an internal mail to all...
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...
IT companies including TCS, Infosys, and Wipro offering salary hike
A lot of IT companies in India have struggled with significant attrition rates over the previous several quarters. To address this issue companies have...
Mukesh Ambani draws nil salary for second year in row
Billionaire Mukesh Ambani for the second year in a row drew no salary from his flagship firm Reliance Industries in the last fiscal as he voluntarily gave up...
IndiGo to reinstate pilot salaries to pre-Covid levels from November
India’s largest passenger airline, IndiGo is planning to restore the salaries of pilots by 6 percent from September 2022. The airline is planning to...