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TCS working on doubling the salary, and reducing disparity

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An Indian multinational information technology services and consulting company, Tata Consultancy Services (TCS) is looking forward to very high increments for new hires. TCS...

HCLTech 85% employees to get variable pay: CPO, R Sundarajan

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An information technology services and consulting company, HCLTech will be providing 85 percent of its employees with variable pay for Q4 FY 2022-23. According...

Wipro imposes test, after slashing salaries by 50% for freshers

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Earlier, an Indian multinational corporation, Wipro reduced the fresher employees' salary by 50 percent from Rs 6.5 lakh to Rs 3.5 lakh per annum. Wipro...

Cognizant announces the third hike, Read CEO email to employees

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An American multinational information technology services and consulting company, Cognizant has announced the third hike in 18 months for its employees. The salary hike...

Amazon to plans to cut Stock Awards & fire hundreds of...

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The e-commerce technology company, Amazon has recently announced to sack more than 100 employees from its gaming division.  The company is ongoing efforts to restructure...

Salary hike alert: Air India staff to receive 8-10% salary hike

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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...

Meta may lower bonus payments of some employees

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According to the reports, Facebook owner Meta will be lowering bonus payments for some employees. The bonus multiplier for that grade has been cut...

Infosys HR Head: Freshers promoted faster, get big hikes

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According to TOI report, EVP and Group HR Head Krish Shankar, Infosys has said that freshers in the company today get promoted much faster...

Wipro should relook at the strategy of salary cuts for freshers

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Recently, An Indian multinational corporation, Wipro rolled out a revised offer letter for recruits awaiting onboarding at the company for over 12 months. The company...

CRED CEO Kunal Shah says his salary is only Rs 15,000/month

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An Indian fintech company, CRED Chief Executive Officer (CEO) Kunal Shah took to Instagram to hold an ‘Ask Me Anything’ session. In the ‘Ask Me...