Salary Hike
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Coronavirus Pandemic: Most firms across industries keeping salary hike budgets unchanged, says survey
•With the unprecedented situation arising out of COVID-19 pandemic, companies across the world have re-evaluated their HR practices, and while 50 percent organisations across industries are keeping their salary hike budgets unchanged, 36 percent have opted for a decline, says a survey
Companies in India to dole out lowest salary hike in a decade at 9.1% in 2020; lack of talent, niche skills to blame: Report
•In the Asia-Pacific region, India is expected to dole out the highest salary hike at 9.1 per cent, followed by China at 6.3 percent this year.
Rising hopes on economic growth, low inflation likely to result in salary hikes of 9.7% across sectors this year
Fp Staff •The differentiation in salary increases further widened this year to 1.9 times between top performer and average performer where the overall the top performer is expected to get an average salary hike of 15.6 percent.
Wipro offers high-single digit wage hikes for offshore employees effective 1 June
•Earlier this year, larger rival Infosys had said it would roll out salary hikes ranging from "mid-single digit to high-single digit" for majority of its employees, effective from April onwards
Employees could see see average salary hike of 9 to 12 percent this year, say HR experts
•Employees can look forward to an average hike of 9-12 percent while top talent may get as much as 15 percent raise this year as improving hiring pace is pressing organisations to retain their key performers, says HR experts
Infosys rolls out mid to high single-digit salary hike for a majority of its employees
•Infosys had a total headcount of 2,04,107 people at the end of 31 March, 2018
India Inc's average salary hike to be 9.4% this year; up to 16% appraisal for key talent: Survey
•As per the survey, companies in India gave an average pay increase of 9.3 percent during 2017, marking a departure from the double digit increments
Karnataka: Siddaramaiah govt likely to announce 24-30 percent pay hike for state employees in February budget
Fp Staff •Siddaramaiah-led Congress administration in Karnataka is likely to announce a 24-30 percent pay hike for its 6.2 lakh government employees and pensioners
Over one lakh Maharashtra state transport staff on strike for pay hike, passengers suffer ahead of Diwali
•Over one lakh employees of the Maharashtra State Road Transport Corporation (MSRTC) have gone on an indefinite strike demanding a hike in salary
Indian MPs have received 1,250% salary hike over 20 years: In 2010, they got a raise of Rs 34,000
Fp Staff •While commotion generally rules both Houses of the Parliament, there is an uncharecterisitic unity seen between the Opposition and the ruling party while deciding a pay hike.