"salary-hike"

Hyundai Motor India has signed a 3-year wage settlement with the United Union of Hyundai Employees, offering a Rs 31,000 monthly salary hike to technicians. Effective April 1, 2024, the structured hike also retains existing employee welfare schemes and benefits nearly 2,000 workers

The Tata group company starts sending letters of increment to employees; hike to be applicable from September

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

Payouts will be issued throughout March and April based on individual country payroll schedules, the company said

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’

Around 50 lakh Central government employees, including defence personnel, along with more than 65 lakh pensioners to benefit

Delay indicates that domestic IT sector is still facing uncertainties

Employee associations from different departments have already submitted representations appealing for a pay hike of 45-50%

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.

Sanitary workers in the GHMC, HMWSSB, municipalities and gram panchayats across the State would get the hike along with their current month salaries

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 […]

As announced earlier, all eligible employees above band C1 (Managers and above) will receive pay hikes effective June 1.

Accordingly, stipend of House Surgeons from medical and dental streams has been enhanced from Rs. 19,589 to Rs. 22,527.

The superannuation age also has been increased for employees and teachers up to 61 years.