Salary Hikes

The average hike rolled out are in the range of 8.8 percent across these firms in FY25 as against 9 percent given in the previous year, the report said

MC Exclusive: Infosys defers pay hikes for employees

The IT major usually rolls out hikes for employees below the senior management level in the June quarter, but employees have not received any communication so far.

Wipro to dangle promotions every quarter up to mid-management, roll out hikes in September

Reports said that several employees will receive a 10% pay hike and top performers could get more.

ICICI Bank staff appraisal: Why the lender dropped bell curve method

Collective performance and growth of the bank will have a direct link with employee benefit and bonuses, rather than individual targets and a bell curve based performance assessment policy.

Wipro to roll out salary hike for 80% employees effective September 2021

This is the second hike in the calendar year. This comes at a time when there is a huge war for talent.

Cognizant’s unique employee retention fund indicates HR undercurrents for Indian IT

Utilisation levels at most Indian IT companies reached optimal levels last quarter. With demand improving, the firms are stepping up hiring

Festival cheer: Close to 10 lakh IT employees to get hikes in coming months

Most of these companies suspended salary hikes and promotions as coronavirus hit the economy and brought business activity to a standstill.

Coronavirus outbreak impact | Delayed and lower appraisals likely

Most experts agree that scheduled pay increases may be pushed back and re-considered upon with ‘retrospective effect'

Coronavirus outbreak | As tourism takes a hit, travel companies halt hikes, freeze hiring

Bookings to Southeast Asia were hit the most and travel firms are bracing for further cancellations with the virus now having spread to Europe

India Inc pay hikes to be at 8-year low in 2017: Survey

The salary hikes to be offered by companies in India in 2017 is projected to be at a eight-year low. According to a survey by Aon Hewitt, the average pay hikes will be at 9.5 percent across industries. It was 10.2 percent in 2016.

Salary hike of 11-13% is all you can hope for in FY17

Fancy a foreign holiday this year? A new car? A diamond set? Don't count on it this year. According to Staffing Services firm TeamLease, salary hikes this year may not be something to write home about.

Hopeful of clocking $300 mn deal-wins in FY16: Mphasis

The company is hopeful of USD 300 million deal wins for the year after wining around USD 166 million of total contract value (TCV) in the first half, said Ganesh Ayyar, CEO, Mphasis in an concall to CNBC-TV18‘s Reema Tendulkar.

Inflation eroding savings of Indians in metros: Survey

Soaring inflation, high fuel cost, rising cost of education and health insurance premiums have eroded the real incomes of middle-class Indian families, with household savings rates dropping by a staggering 40 percent in the last three years, says an Assocham survey.

Sluggish hiring activities, layoffs on the anvil: Survey

Just about 54 percent of employers predict fresh job creation in the second half of this year whereas the same sentiment was shared by 68 percent entities at the start of 2013, while salary hikes too are expected to be on the lower side, said the survey.

H1-B salary rise clause will hit Indian IT cos hard: Nomura

The clauses in the recently passed immigration bill by the US Senate can be very damaging for the overseas Indian IT sector. He added that the clause of salary rises for H1-B can have a significant damage on these stocks.

Double-digit salary hikes likely this year: Survey

Notwithstanding sluggish economic conditions, India Inc is expected to dole out double-digit salary hikes this year and overall rise in pay packets could go up to 20 per cent, says a survey.

IT bids adieu to big hikes

The huge salary hikes doled out by IT companies last year to beat attrition are a thing of the past. CNBC-TV18’s Vineetha Athrey says the fat salaries are history this year.