Page 3 - Salary Hike

Firms to give 9.1%, salary increments in 2022, beat pre-Covid levels: Study

Almost all 450 organisations that participated in Deloitte Touche Tohmatsu survey are planning to give hikes.

Salary increments in India to touch 5-yr high of 9.9% in 2022: Aon survey

According to leading global professional services firm Aon's 26th Salary Increase Survey in India, organizations across industries project a 9.9% salary increase in 2022, compared to 9.3% in 2021

Japan official denies reports that PM to call for 3% wage hike next year

The proposal was reported by Kyodo news agency and other outlets, which said Kishida would put it forward at a government panel on Friday

India Inc may see higher pay with 9.3% hike in 2022, says report

India's projected salary increase is the highest in Asia-Pacific for the next year as optimism returns over improved business outlook in the next 12 months, the report added

India expected to see higher salary with 9.3% hike in 2022: Report

India's projected salary increase is the highest in Asia-Pacific for the next year as optimism returns over improved business outlook in the next 12 months, the report added.

Annual salary increments expected to touch 8.6% in 2022: Deloitte survey

Approximately, 12 per cent employees were promoted in 2021, as compared to 10 per cent in 2020

Aon Survey projects 9.4% avg salary increment in 2022, up from 8.8% in 2021

The top three sectors with the highest salary increase projected for 2022 are technology, e-commerce, and IT-enabled services

Organisations in India project 9.4% salary increase in 2022: Aon survey

According to the Aon's 26th Annual Salary Increase Survey, most businesses have an optimistic view going into 2022, with 98.9 per cent of companies intend to give salary increases in 2022

Salaries rise for promoters of auto firms even as business faces headwinds

Experts suggest that promoter executives should take compensation as dividend to share risk and reward of the business with other shareholders

Delhi govt approves salary hike recommended by Centre for MLAs

Delhi MLAs will now get Rs 90,000 per month as salary and allowances with the Arvind Kejriwal government approving a hike cap recommended by the Centre on Tuesday. Earlier, each MLA was getting Rs 53,000, including Rs 12,000 as salary and the remaining amount as allowances, the government said in a statement. With this hike, each legislator will get Rs 30,000 as salary and allowances totalling Rs 60,000, it said. Despite the hike, Delhi MLAs will continue to be among the lowest-paid legislators in the country, it claimed. The salary of Delhi's MLAs hasn't increased in 10 years and the Kejriwal government had requested the Union Ministry of Home Affairs (MHA) that their salary and allowances be at par with MLAs of other states, the statement said.

High-paid jobs saw salary hike during Covid-19 lockdown, says PLFS

The Periodic Labour Force Survey for 2019-20 has found that average salary of those in the regular wage/salaried status actually rose by 5 per cent in the lockdown period from the previous quarter

Can hike in Dearness Allowance boost consumer spending?

Wipro announces salary hike for 80% of eligible staff, second in CY21

The salary hike will be effective from September 1, 2021.

Pakistan govt employees protest, demand 25% hike in salaries after budget

Pakistan government employees on Friday demanded 25 per cent hike in their salaries and protested against the 10 per cent hike provision proposed in the national budget for FY2021-22

Panacea Infosec announces 30-40% salary hike, to raise headcount by 35%

Cybersecurity firm Panacea Infosec has given 30-40 per cent hike in salaries for all employees with effect from April, the company said on Thursday. Currently, the company has around 230 employees and plans to increase headcount in the range of 25-35 per cent during the ongoing financial year, it said in a statement. "With this hike, Panacea Infosec will get an average increment of 30-40 percent in the financial year 2021-22. "Panacea Infosec is one of the fastest growing cybersecurity audit firms in India with an average growth rate of 245 per cent in the past three years," the statement said. Founded in 2012, the Delhi-based company claims to have over 400 clients spread across 45 countries. Panacea said businesses are still coping up with the COVID-19 crisis, and dependency on information technology and other digital services has increased which, in turn, increased the demand for cybersecurity and privacy services. In the new business environment cybersecurity and audit servic

LIC employees' wage hike proposal yet to get government approval

"It is under process and with the ministry. Whenever it happens, we will share with the employees," said a source in LIC

TCS to announce salary hikes for FY22, second for company in 6 months

With salary hike in Financial Year 2021-22, TCS employees will get around 12-14 per cent average increment in six months' time

Aon India's survey projects 7.7% salary hike in 2021 against 6.1% in 2020

Fewer companies plan to give zero increment

Top headlines: RBI approves Piramal's DHFL plan; Apple lobbies with India

In Australia, Facebook has blocked access to news on its platform. More on that story in our top headlines

India set to see a median increase in salaries of 7% in 2021: Survey

Pharma, tech and consumer products to see highest sectoral increases