Tag: wages
Meta may lower bonus payments of some employees
According to the reports, Facebook owner Meta will be lowering bonus payments for some employees. The bonus multiplier for that grade has been cut...
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...
Amazon is likely to cut salaries of some employees by 50%
According to Business Insider reports, an American multinational technology company, Amazon corporate is likely to cut the salary of some employees by 50 percent.
Amazon Chief...
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...
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...
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...
India Ahead shuts down, employees not paid for months
India Ahead - The National English News channel has shut down its operations. Due to this reason, the employees have not been paid for months.
Ridhima...
Google CEO Sundar Pichai & Senior Executives to Take Pay Cut
An American multinational technology company, Google CEO Sundar Pichai & Senior Executives to Take Pay Cut as part of the company's cost-cutting measures.
Google...
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...