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Salaried individuals account for nearly 52 per cent of those declaring income exceeding Rs 1 crore in the most recent assessment year, according to data released by the tax department
Under the helm of co-founder and CEO Jensen Huang, Nvidia's philosophy is crystal clear: 'If you want to do extraordinary things, it shouldn't be easy'
Lateral hiring in high-demand sectors like artificial intelligence (AI), machine learning (ML), cloud, and engineering services are the reason behind the surge
The average real monthly wages of a regular wage worker dipped to Rs 10,925 in 2022 from Rs 12,100 in 2012
TCS' attrition rate has been normalising, standing at 13.3 per cent for the third quarter of FY24, down from 14.9 per cent in the previous quarter
Companies are likely to offer double-digit increments to junior management
Vanshiv Technologies CEO's tweet went viral when a woman with four years of experience asked for 45 LPA. CEO says we'll have to apply for a loan to hire her
Wipro delayed the announcement by a quarter reportedly due to macro headwinds and margin pressure
Citing macroeconomic conditions, many IT companies have opted to hand out small increment or defer salary hikes this year
Wipro has postponed salary hikes, while Infosys and HCL opt not to implement raises
The taxman, unlike your employer, knows about your moonlighting income via TDS, so disclose it accurately
The rising trajectory of private corporate wage bill appears structural, having grown from around 9 per cent of GDP in FY12 to around 13 per cent in FY22
A fraction of employees surveyed even got hikes up to 20-25 per cent for their exceptional performance
China is projected to see a salary hike of 6%, Vietnam at 8%, Indonesia at 7%, Hong Kong at 4% and Singapore at 4% in 2023
Of the 1,400 companies surveyed across 40 industries, 46% of organisations are expected to give double-digit salary increases in 2023
The indefinite strike by 'Asha' workers in Jharkhand entered the third day on Wednesday as they stuck to their charter of demands, including a hike in their remuneration. Health services, such as immunisation, antenatal and post-natal check-ups in rural areas, have been adversely impacted as more than 42,000 Accredited Social Health Activists (Ashas) joined the agitation, an official said. Sahiyas, who help mobilise the community and facilitate access to health and health-related services in rural areas, warned of intensifying the stir if their demands are not met. The 'Asha' workers have been staging demonstrations at primary and community health centres of the state and participated in rallies at block levels. Jharkhand Pradesh Swasthya Sahiya Sangh (JPSSS) secretary Maya Singh said, We will not have any alternative option but to intensify the agitation if no one pays attention to our demands." She said the association has been demanding that the remuneration be increased to at
Overall salary increases in the US will be above 4.2% this year
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
Some of the sectors which have been included in the survey are- financial services, banking, and technology, media and gaming
The remuneration of directors of hotel companies, like IHCL and EIH Ltd, has seen a rise between 8 and 250 per cent in FY22 year-on-year (YoY)