This number rose from 91 who earned similar compensation in FY17 and excludes salaries drawn by the CEO, COO, and internationally-based executives.
Only five sectors project a double-digit increment in 2019, and those are consumer internet companies, professional services, life sciences, automotive and consumer products
Apart from employees earning salaries of less than Rs 15,000, this ruling will also bring about a windfall gain to foreign nationals
The optimistic approach about the future is fuelled by higher growth forecasts by IMF.
A division bench of justices AS Oka and SK Shinde while hearing a petition filed by Ramesh Purale, working as a chargeman with the Mumbai Port Trust, said his salary cannot be withheld over failure to link his bank account with his Aadhaar card.
HDFC Bank’s chief Aditya Puri received Rs 92.31 lakh as deferred bonus, Axis Bank's Shikha Sharma got Rs 44.10 lakh, and ICICI Bank CEO Chanda Kochhar was richer by Rs 20.69 lakh.
Salary cuts and dismal pay increases are a common strategy for companies going through financial distress
Employees are likely to see a 50 percent drop in bonus payouts as well
In financial year 2017-18, the average projected increment for the year 2017-18, was 9.7 percent, while the actual hike stood at 9.4 percent.
A top performer is getting an average salary hike of 15.4 percent, approximately 1.9 times the pay increase for an average performer.
The Protect and Grow American Jobs Act (HR 170) – introduced by Courts, Intellectual Property and the Internet Subcommittee Chairman Darrell Issa - was passed by the House Judiciary Committee during a markup hearing today morning.
Companies recruited across all profiles, including core engineering, research & development, consulting, analytics and software, IIT-B said in a statement here.
According to online recruitment and career solutions portal Wisdomjobs.com, most industries witnessed conservative appraisals that were considerably lower than the two-digit salary hikes seen in the previous year.
Air India has delayed the payment of salaries for the month of July to its employees, according to an official, even as the airline said the payments would be made by tomorrow.
An analysis of remuneration disclosures made by top listed companies forming part of the blue-chip index Sensex -- under directions of the capital markets regulator Sebi -- shows that the pay packages of senior-most personnel such as CEOs and executive chairmen continue to remain high and rose further at most private sector firms during 2016-17.
The salaries of chief executive officers of ICICI Prudential Mutual Fund, HDFC Mutual Fund, Birla Sun Life Mutual Fund and Reliance Mutual Fund have increased in the last fiscal year
The highest increment of 12.5 per cent is reported by the e-commerce sector, the lowest of 8.1 per cent is that of logistics, the survey said.
After a month's lull, co-founder Narayana Murthy, who has taken on the management over what he says are poor corporate governance standards at Infosys, has fired a fresh salvo.
RBI Governor Urjit Patel and his deputies have got a big pay hike with the government more than doubling their basic salary to Rs 2.5 lakh and Rs 2.25 lakh per month, respectively.
The rental housing market has many options, available at various rates. Consequently, it may be difficult for a prospective tenant to figure out how much to spend as rent. The answer to this, depends R
Congressman Darrell Issa, who recently introduced the legislation which calls for an increase in the salary of H-1B workers, insisted that his move would bring the best talents to the US and help fix the flaws in the existing H-1B system.
Tata Motors, largest manufacturer in the Indian automotive industry, is planning a big organisational restructuring, according to sources. The company will launch VRS scheme for those employees who wouldn't be absorbed in the new management.
HR consultancy Aon Hewitt's annual Salary Increase survey projects a drop in pay increases to an average of 9.5 percent across industries. It was 10.2 percent in 2016.
Reports indicate that as against offers of Rs 2.25 lakh per annum that used to go out for freshers two decades ago, they have risen only to Rs 3.5 lakh now, which suggests a massive decrease in real wages from an inflation-adjusted perspective.
Labour secretary M Sathiyavathy, on February 8, 2017, clarified that the payment of workers’ statutory dues in the construction sector, is the sole responsibility of the principal employer. Addressing the 42nd Annual Day celebrations R