Average salary hikes in India will be lower in 2023 compared to 2022, says EY's 'Future of Pay 2023' report. E-commerce, professional services and IT to the biggest hikes
Concession highlights continued pressure on easyJet and airlines to agree better terms and wages to retain staff and avert more labour strife after months of disruption since the end of Covid lockdown
Experts say the government's decision to link wage revision with performance could have been pivoted on the financial health of the four public-sector insurers
According to members of nomination and pay committees of several blue-chip corporations, there is a growing trend of linking CEO salaries to results and performance
The changes come at a time when the industry is seeing demand constraints from its majority market and budgets are under pressure and deals are taking time to close
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The UK government said on Wednesday that it will back NHS by providing a 3% salary uplift to health workers in full accordance with recommendations of NHS independent pay review bodies
Randeep Guleria says most of the union's 23 demands had been met, save perceived anomaly on initial pay under sixth pay commission, adding that govt has agreed to view this sympathetically
Companies in India doled out an average salary increase of 6.1 per cent this year, the lowest in more than a decade, but are expected to give a pay hike of 7.3 per cent in 2021, says a survey
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Delivery executives of food-delivery platform Swiggy in Hyderabad will go on indefinite strike from Tuesday, demanding a hike in their delivery charges
ASHA workers act as a stopgap in the country's porous health care system, delivering assistance from maternal health to immunization in its vast rural hinterland
The govt might look for quick fixes under pressure to revive the economy, but sustainable economic growth will continue to be elusive without structural changes, writes T N Ninan