Page 6 - Salary
Average stipend up by 37% as IIM Udaipur completes summer placements
International offers, on the other hand, increased by 138 per cent over the previous year to stand at 31 this year
 "Average stipend up by 37% as IIM Udaipur completes summer placements")
Average salary up 8% to Rs 24.3 lakh as XLRI wraps up placement in two days
Highest international offer stood at Rs 58.5 lakh; 43% of batch placed via pre-placement offers
 "Average salary up 8% to Rs 24.3 lakh as XLRI wraps up placement in two days")
Mean salary up by 12% as IIM Kozhikode wraps up placements in 5 days
The number of offers, made by 131 recruiters, too rose by 22.4 per cent over last year, even as IIM Kozhikode placed all 413 students who participated in the process
 "Mean salary up by 12% as IIM Kozhikode wraps up placements in 5 days")
UK migration panel recommends lowering minimum salary for skilled migrants
The Migration Advisory Committee called for the current salary threshold of 30,000 pounds on such workers, a large chunk of whom are Indians, to be cut down to 25,600 pounds
 "UK migration panel recommends lowering minimum salary for skilled migrants")
India's salary growth likely to be highest in Asia at 9.2% in 2020: Experts
India has posted a strong growth despite real wages taking a hit globally
Govt plans to introduce a 'One Nation, One Pay Day' system, says Gangwar
Gangwar mentioned that since taking the office in 2014, Modi government has consistently worked on reforming labour laws
 "Govt plans to introduce a 'One Nation, One Pay Day' system, says Gangwar")
Want to increase savings? Don't wait until month-end to invest what's left
Remove a portion of earnings at the start of the month from the salary account to an investment account to reduce chances of misspending
 "Want to increase savings? Don't wait until month-end to invest what's left")
Take-home salary may rise under new Employees' Provident Fund law
At present, 24 per cent of a worker's basic pay is deducted - with 12 per cent each counted as employer's and employee's share - towards the EPF savings
 "Take-home salary may rise under new Employees' Provident Fund law")
Should you share to the world how much money you make a month?
Attitudes about workers disclosing pay are shifting, for one, as unemployment has reached a five-decade low
 "Should you share to the world how much money you make a month?")
Double-digit growth in salary for employees of companies in India: Report
India has the highest overall salary increases and real-wage growth in Asia, says global consulting firm Korn Ferry.
 "Double-digit growth in salary for employees of companies in India: Report")
These are the best countries to live and work in - and to boost salary
Singapore packs everything a budding expat could want into one of the world's smallest territories
 "These are the best countries to live and work in - and to boost salary")
Stagnant IT fresher salary drives engineering graduates to look elsewhere
On the other hand, increasing number of global companies and start-ups are hiring and attracting talent at campuses with their higher salary offers
 "Stagnant IT fresher salary drives engineering graduates to look elsewhere")
Salaried class to carry home more with 9% hike, but engineers to lose out
Professional service firms flooded with work following GST rollout may loosen purse strings the most
 "Salaried class to carry home more with 9% hike, but engineers to lose out")
India to see 10% salary hike in 2018, highest in Asia Pacific: Report
Salaries are projected to increase by 10 per cent in India in 2018, the highest in the Asia Pacific region, according to a report. The highest projected salary rise is seen in the energy, FMCG and retail sectors. "Salaries in India are projected to rise 10 per cent in 2018, same as the actual increase in 2017," according to the 'Q3 2017 Salary Budget Planning Report' released by global advisory, broking and solutions company Willis Towers Watson. The report covered a range of industries, including BPO, chemicals, construction & engineering, consumer products & retail, financial services, high tech, manufacturing, media, pharmaceutical & health sciences, business and technical consulting and transportation and logistics. For this, a survey was conducted in July among 4,000 respondents in Asia Pacific, in which about 300 companies participated in the India market. Although salaries in India are seeing a decreasing pattern in the year-on-year salary increases, ...
 "India to see 10% salary hike in 2018, highest in Asia Pacific: Report")
The big salary debate
There are equally compelling arguments for and against high pay packages in C-suites
Less than 10% pay hikes in 2017, India to be worst hit in Asia-PAC: Survey
The survey said India would be the worst hit among the Asia-Pacific countries
 "Less than 10% pay hikes in 2017, India to be worst hit in Asia-PAC: Survey")
India to have highest salary increase in Asia Pacific in 2017: Survey
A report by Mercer has forecast a 10.8 per cent salary increase in India and 9.2 per cent in Vietnam in 2017
 "India to have highest salary increase in Asia Pacific in 2017: Survey")
In Manipur, no salaries for employees due to cash crunch
Employees of both the government and private sectors are suffering as the cash-strapped banks and offices cannot pay them
 "In Manipur, no salaries for employees due to cash crunch")
Chaos at banks, long queues at ATMs on pay day
An MNC employee complained about banks not conforming to the rules about the withdrawal limit
Your salary has grown only by 0.2% since 2008
China, Indonesia and Mexico had the largest real salary growth at 10.6%, 9.3% and 8.9%, respectively
 "Your salary has grown only by 0.2% since 2008")
