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salary hike

This business honcho's salary has doubled in just 1 year; earns nearly Rs 9 lakh a day; any guesses?

This business honcho's salary has doubled in just 1 year; earns nearly Rs 9 lakh a day; any guesses?

Wed, Jul 31, 2024

The company's latest annual report indicates that his salary and allowances amounted to approximately Rs 21.57 crore, with a performance-linked incentive (PLI) of Rs 7.5 crore. Additional benefits of Rs 3.19 crore were also included in his remuneration.

Companies to dole out 10% average salary hike this year, says survey

Companies to dole out 10% average salary hike this year, says survey

Tue, Feb 27, 2024

"This trend showcases India's strong economic performance and its growing appeal as a hub for innovation and talent. Employees in the automobile, manufacturing & engineering and life sciences in India are projected to see the highest salary increment increases, highlighting the competitive nature of these sectors," it said.

7th Pay commission: DA hike for Central Govt Employees expected soon, check details here

7th Pay commission: DA hike for Central Govt Employees expected soon, check details here

Fri, Jun 02, 2023

In a move that will bring relief to millions of central government employees, the 7th Pay Commission is expected to announce a significant hike in salaries. The decision is anticipated to raise the Dearness Allowance (DA) and Fitment Factor, ensuring a substantial increase in monthly incomes.

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Budget gives salary hikes to President, VP, governors

Budget gives salary hikes to President, VP, governors

Thu, Feb 01, 2018

Announcing the hike in their salaries in his Budget speech, Finance Minister Arun Jaitley said the emoluments of the President, the Vice President and the Governors were last revised with effect from January 1, 2006.

7th Pay Commission: Odisha govt employees to get revised salary from September

7th Pay Commission: Odisha govt employees to get revised salary from September

Sun, Sep 03, 2017

Earlier this week, Naveen Patnaik, Chief Minister of Odisha, had announced that the revised salary as per the 7th Pay Commission will be given to the government employees from the of September.

3rd Pay Commission: CPSE employees get 15% salary hike

3rd Pay Commission: CPSE employees get 15% salary hike

Thu, Jul 20, 2017

Central Public Sector Enterprises (CPSE) employees will be getting a 15% hike in salaries after the Union Cabinet approved recommendations of the 3rd Pay Commission.

Salary hikes at Infosys only to certain employees in FY18

Salary hikes at Infosys only to certain employees in FY18

Sat, Jun 10, 2017

Infosys, Indian IT major has said that it will not be providing salary hikes to all employees starting this fiscal. This is in line with dwindling growth rate of the industry and re-skilling of IT professionals as a business need.

7th Pay Commission update: Central govt employees may get revised allowances from July 18

7th Pay Commission update: Central govt employees may get revised allowances from July 18

Sat, Jun 10, 2017

Latest news in the 7th Pay Commission is that central government employees may be getting revised allowances including House Rent Allowance from July 18 onward. The revised amount is cited to be higher than what was earlier suggested. A Cabinet meeting on Monday will now decide the hike in pay for these employees.

7th Pay Commission: Cabinet may make HRA and other allowances announcement soon

7th Pay Commission: Cabinet may make HRA and other allowances announcement soon

Wed, Jun 07, 2017

On June 1, E-CoS had met to discuss the recommendations under 7th Pay Commission related to higher allowance and HRA and prepared a proposal for the government's consideration.

7th Pay Commission: Latest news on HRA and arrears

7th Pay Commission: Latest news on HRA and arrears

Tue, May 16, 2017

An update on the pay hike of central government employees is expected today as the Union leaders head to meet government officials. Recommendations of the Ashok Lavasa Committee on ‘allowances’ was submitted to the government on April 27.

7th Pay Commission: Govt to take final call on higher allowances, says Lavasa panel

7th Pay Commission: Govt to take final call on higher allowances, says Lavasa panel

Fri, Apr 28, 2017

If the pay commission recommendations on allowances are implemented fully, then as per estimates the cost to the exchequer will be Rs 29,300 crore.

7th Pay Commision: Lavasa Committee submits report; here's what it says about HRA

7th Pay Commision: Lavasa Committee submits report; here's what it says about HRA

Thu, Apr 27, 2017

After submitting the report to Jaitley, Finance Secretary Ashok Lavasa said the committee has taken into account representations made by various stakeholders.

Appointment 'fairly seamless sort of action': Infosys co-chairman

Appointment 'fairly seamless sort of action': Infosys co-chairman

Sun, Apr 16, 2017

The move is being widely seen as a step taken by the Board to end its public spat with founders, mainly N R Narayana Murthy.

"Image of Infosys as Gold Standard of Corporate Governance was nothing but a halo created by Murthy and Company," says Gupta of SES Governance

"Image of Infosys as Gold Standard of Corporate Governance was nothing but a halo created by Murthy and Company," says Gupta of SES Governance

Mon, Apr 03, 2017

Research and advisory firm Stakeholders Empowerment Services (SES) has questioned Infosys' founder and chairman N R Narayana Murthy's recent comments in his letter over corporate governance,remuneration and equal pay in the letter.

Here's full text of Infosys founder Narayana Murthy's letter to media

Here's full text of Infosys founder Narayana Murthy's letter to media

Mon, Apr 03, 2017

Find out what Infosys founder and chairman N R Narayana Murthy has said in his letter to the media about the company's COO Pravin Rao`s compensation.

US President Donald Trump backs H-1B reforms bill: US lawmaker

US President Donald Trump backs H-1B reforms bill: US lawmaker

Tue, Mar 28, 2017

The US president Donald Trump has supported a bill that proposes a massive hike in the minimum salary for those employed on H-1B visas, an influential American lawmaker has said while alleging that Indian companies have "gamed" the "flawed" US immigration system.

7th Pay Commission: CPSEs to spend Rs 20,000 crore on salary hikes

7th Pay Commission: CPSEs to spend Rs 20,000 crore on salary hikes

Mon, Mar 20, 2017

Last year in June, as per The Economic Times report, the government had appointed a committee to review and revise the structure of salary at CPSEs.

7th Pay Commission: Government tells Parliament that decision on allowances will be taken soon

7th Pay Commission: Government tells Parliament that decision on allowances will be taken soon

Tue, Mar 14, 2017

Lavasa panel's examination of the 7th Pay Commission recommendations on allowances given to the government employees has been unable to reach a conclusion in its last meeting held on March 3.

Hoping for a good appraisal? Three reasons why your salary this year won't increase by much

Hoping for a good appraisal? Three reasons why your salary this year won't increase by much

Thu, Feb 23, 2017

Chances are that the employees in India's pay hike is likely to be sub-10% across industries in 2017.

Appraisals this year likely to average at 9.5%, Survey finds

Appraisals this year likely to average at 9.5%, Survey finds

Wed, Feb 22, 2017

Aon Hewitt latest 'Salary Increase Survey' has projected a drop in pay increases to an average of 9.5% across industries in India.

Tech Mahindra halts appraisal cycle for senior-level employees

Tech Mahindra halts appraisal cycle for senior-level employees

Mon, Feb 06, 2017

Indian IT firm Tech Mahindra has suspended the appraisal cycle for senior-level employees possessing more than six years of experience pending a management review.

Employees in India can expect average pay hike of 10.3% across job roles in 2017: Report

Employees in India can expect average pay hike of 10.3% across job roles in 2017: Report

Tue, Jan 31, 2017

Employees in India can expect pay hike of 10.3% on an average across job roles in 2017, marginally higher than last year, according to new research by the Hay Group division of Korn Ferry.

India to have highest salary increase in Asia Pacific in 2017

India to have highest salary increase in Asia Pacific in 2017

Mon, Dec 12, 2016

India and Vietnam will have the highest salary increases next year with a projected rise of 10.8 % and 9.2 % respectively among Asia Pacific's emerging economies, according to a report by a global consulting firm.

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