Page 2 - Salaries

Festive delight for employees as firms begin to rollback salary cuts

HR consultants say increments likely to reach pre-Covid levels only by 2022

18.9 mn salaried people lost jobs since April, 5 mn in July, says CMIE

The loss of around 5 million jobs in July comes after around 3.9 million jobs were gained in June, as per the data

Hospitals struggle to get healthcare workers as Covid-19 cases spike

During the early weeks of the outbreak in India in March and April, a combination of caution and fear pushed many healthcare professionals to return home

Paytm Payouts processed Rs 1,500 cr in salaries, other benefits for firms

Paytm Payouts is a digital money transfer service for businesses to help them make payments to their employees, vendors and business partners

Delhi's Kasturba Hospital doctors may resign over 'no salary for 3 months'

The resident doctors' association at the NDMC's 450-bedded Kasturba Hospital claimed that they have not been paid salary since March

MNC captives halt hiring, cut pay in India to tide over Covid-19 crisis

These captives together employ more than 1.1 million people out of the total 4.3 million staffers in the Indian IT industry

Firms unable to pay wages must submit balance sheets: Govt to SC

SC extends till June 12 its order asking govt not to take coercive action against employers for not paying salaries

GVK Group cuts salaries by up to 30% from May as Covid-19 impacts business

The diversified group, which is into energy, resources, airports, transportation, hospitality and life sciences sectors, has around 1,800 workforce

10-15% moderation in salaries not to impact lending practice: HDFC Bank

If the corporates are looking at moderation in salaries or in the increments, the same needs to be watched carefully from a prudential perspective, said the bank's country head for retail lending

IIM Lucknow clocks 100% placements; Rs 58.47 lakh international job offer

More than 140 domestic and international companies attended the recruitment drive for 443 students of the 34 batch of the institute.

Salaries in India may rise over 9% in 2020, real wages by 5%: Global report

But inflation may play a spoiler as real-wage salaries in the country is anticipated to be just 5 per cent

Pre-placements: Average salary for XLRI students is Rs 19 lakh this year

The number of offers with a CTC greater than Rs 25 lakh per annum was up by 18 per cent, it said.