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Company accidentally paid employee Rs. 1.4 cr instead of his actual...

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The company mistakenly paid 286 times an employee his salary last month. The company paid the employee 165,398,851 Chilean pesos (Rs 1.42 crore), instead of...

IT companies to raise entry-level salaries for fresh graduates

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As entry-level employees in India’s IT companies continue to rise faster, the IT firms are now focusing on hiring fresh graduates and increasing...

DXC Technology to regularise salary increments, increase hiring

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According to TOI report, DXC Technology, a global technology company has said that it is going to regularise its salary review process and expedite...

Citigroup slashes CEO’s pay by 21%, to $19 million

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Citigroup slashes CEO's pay by 21%, to $19 million Citigroup Inc said late on Friday that outgoing Chief Executive Officer Mike Corbat’s compensation for 2020...

Central govt employees may start getting more salary from next year

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7th Pay Commission: Central govt employees may start getting more salary from next year While the COVID-19 pandemic has resulted in a massive economic slowdown,...

JPMorgan Chase plans to freeze salaries for most employees

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JPMorgan Chase plans to freeze salaries for most employees JPMorgan Chase & Co plans to freeze salaries for most employees with titles of vice president...

Variable Compensation and Its Relevance in New Normal

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Variable Compensation and Its Relevance in the 'New Normal' All organizations value their human capital which is the most critical part of any organization’s success....

Wipro’s Delaporte to be highest Paid CEO in IT Industry

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Wipro's Thierry Delaporte to be highest Paid CEO in IT Industry Thierry Delaporte, CEO and MD designate of Wipro Limited could be the highest Paid...

Tech Mahindra deferred incentives & wage hikes, No layoffs

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Tech Mahindra puts wage hikes and incentives on hold, but says no layoffs. Tech Mahindra is putting on hold incentives and wage hikes until there is...

Capgemini announces increments for 84,000 employees

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Capgemini India announces the single-digit salary hike to 70 percent of its staff or 84000 employees in India, effective April 1, 2020. The company...