Tag: wages
Deutsche Bank announces to pay inflation bonus to employees
A German multinational investment bank and financial services company, Deutsche Bank has announced that the bank will pay an inflation bonus to its employees.
The...
Wipro rolls out 100% variable pay for Q2 along with Nov’s...
India’s IT services provider company, Wipro rolls out 100 percent variable pay along with November’s payroll.
A Wipro spokesperson said in a statement, “We will continue...
Infosys rolls out 60% variable pay for BPM employees
The business process management subsidiary of Infosys Ltd., Infosys BPM (business process management) has announced that the average variable payout for its employees is...
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...
Salaries expected to restore to pre-pandemic level
According to TeamLease HRTech CEO Sumit Sabharwal, It is expected that certain sectors will restore salaries to the pre-pandemic mark.
The salary is expected to...
Delhi Government Increases Minimum Wages, Effective October 1
Delhi Government has increased the minimum wages of unskilled, semi-skilled, and skilled workers of Delhi and it is effective from October 1, 2022.
The government...
TCS says no change in increment policy for employees
India’s largest IT services provider, Tata Consultancy Services (TCS) has denied any change in its increment policy. The company has also said that there is...
Wipro, TCS, Infosys pay salaries to engineers less than startupsÂ
Weekday has revealed that engineers working for startups get more annual salaries when compared to Indian IT companies like Wipro, TCS, and Infosys, among...
11 lakh railway employees to get 78 days bonus before Dussehra
India's national railway system, Indian Railways has announced that over 11 lakh railway employees will receive a 78-day bonus before Dussehra.
However, the Union cabinet...