Pay Hike

India to see avg salary hikes of 10.2% in 2023, biggest in e-commerce: EY

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

EasyJet averts cabin crew strike in France as it clinches deal with unions

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

PSU general insurer employees irked with move to link pay with performance

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

CEOs of Indian companies get nearly 4% compensation hike in FY22

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

TCS changes its hike structure, does away with anniversary hikes

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

Pilots with Germany's Lufthansa back possible strike over pay dispute

The Vereinigung Cockpit union is calling for a 5.5% pay increase this year and an automatic adjustment for inflation starting next year.

Institutional investors pushing back more on top executive pay hikes

Rejection of resolutions on remunerations rises; investors becoming more discerning, say experts

TMS Ep175: IT pay hike, 5G & 6G launch, markets, Places of Worship Act

Will higher pay be the new norm in IT sector? Are we prepared to roll out next-gen mobile networks? Has the crash in mid, small-caps bottomed out? What is Places of Worship Act, 1991? Answers here

Average pay hike likely to be at 8%-12% in 2022, says report

Startups and new-age corporations, together with the unicorns, are set to lead this trend with a commonly estimated hike of 12 per cent, it added

UK health workers to receive 3% pay rise in accordance with NHS body

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

India Inc likely to offer average salary increment of 7.7% this year

E-com, venture capital-backed firms to give best raise at 10.1%: Aon survey

AIIMS director appeals to nurses to end strike, assures pay hike resolution

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

Average pay hike at 6.1% this year; likely to be 7.3% in 2021: Survey

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

Top headlines: RBI's MPC gets 'dovish tilt', Nobel physics prize announced

GST council has no jurisdiction over states' borrowing, three scientists get Nobel Prize for Physics -- Business Standard brings you top news of the evening

Swiggy delivery executives in Hyderabad to go on strike demanding hike

Delivery executives of food-delivery platform Swiggy in Hyderabad will go on indefinite strike from Tuesday, demanding a hike in their delivery charges

Hope force: India's army of 600,000 virus-hunting women goes on strike

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

Niyo rolls out salary hikes, bonuses, ESOPs to boost employee morale

Niyo is also planning to double the size of its tech and product teams by the end of March 2021

To check attrition, Infosys offers 100% pay hike for 'power programmers'

Firm offering special quarterly skill-based bonus to high performers; attrition rate at present above 20%

Fixing the demand slump: Seven reasons for slowdown, and possible solutions

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

Want a raise? How to ask for a salary hike

Negotiation is all about who has the power.