Cognizant will give salary hikes to about 80 per cent of eligible employees from November 1, with high single-digit increases for top performers in India. The move follows similar pay revisions by TCS, despite slowing bookings in early 2025
The notification, issued by Ministry of Parliamentary Affairs, also increased daily allowances for sitting members and pension and additional pension for every year of service in excess of five years for former members
Industry experts predict an average wage increase of 4-8.5 per cent, a notable step down from previous years, signalling a shift towards more pragmatic compensation strategies
Manufacturing and global capability centres likely to have the highest pay increases, according to Aon’s annual ‘Salary Increase and Turnover Survey 2024-25 India’
The performance of employees continued to hold 50 per cent of the weightage on salary increments while taking on additional responsibilities and receiving a promotion factored in about 20 per cent.
New Delhi: As India returns to normal after two years of the pandemic, companies are likely to hand out salary increments at an average hike of 9 per cent — as compared to 7 per cent in the pre-Covid era in 2019, a new report showed on Wednesday. Startups and new-age corporations, together with unicorns […]
Hyderabad: State government on Saturday accorded permission for 30 per cent enhancement of basic remuneration to persons engaged on contract/outsourcing basis under Telangana Samagra Shiksha Abhiyan (SSA) and Kasturba Gandhi Balika Vidyalayas (KGBVs). An order to this effect was issued by the School Education Department here on Saturday. The enhancement is applicable to all categories […]