Page 3 - Salaries

Budget 2022: Tax rebates in Budget for realty vital for salaried class

Currently, one-third of India's population reside in cities and it is estimated to go up to 50% by 2030

Delhi govt gave Rs 293 cr to NDMC in advance for salaries: Satyendar Jain

Urban Development Minister Satyendar Jain on Friday said that the Delhi government has given Rs 293 crore in advance to the (NDMC) to give salaries to its employees.Addressing a press conference here, the minister said the government had released the funds as NDMC was facing a problem in paying salaries to its employees."Delhi government has given an advance payment of Rs 293 crores to North Delhi Municipal Corporation (NDMC) to disburse salary of its employees at the earliest. We hope that the North Corporation pays the pending salaries of its employees as soon as possible. We have given them an advance for the next instalment which is not due yet," said Satyendar Jain.Commenting on central ministers using "bad words" to refer to farmers, Jain said it was "unfortunate and shameful".On the alleged attack on Delhi BJP president Adesh Gupta''s house, he said, "It is being rumoured that people from the Aam Aadmi Party (AAP) attacked his house. However, firstly, it is important to know ..

Delhi govt gave Rs 293 cr to North MCD to help disburse salaries: Jain

Urban Development Minister Satyendar Jain on Friday said the Delhi government has given Rs 293 crore in advance to North Delhi Municipal Corporation

India to see higher salaries as firms look beyond coronavirus hit

Paychecks could rise about 8% in the financial year starting April 2022, especially if authorities avert a third wave of the virus

Mumbai Covid-19 centre employees allege dues not paid; approach police

Twelve contractual employees of a Covid-19 care centre here have complained to the Mumbai police against their placement agency for allegedly not paying their salaries since the last three months

Investment bankers set to take home hefty bonuses on record fundraising

Industry players estimate the average payouts to be in the range of 50-75 per cent of the bankers' annual salaries. For the top performers, the bonuses could be 100-125 per cent

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

Pharma, tech and consumer products to see highest sectoral increases

India to see marginal hike in average salary to 6.4% in 2021: Survey

Salaries in India are projected to rise by an average of 6.4 per cent in 2021, marginally higher than the average actual increase of 5.9 per cent in 2020, according to a Willis Towers Watson survey. According to Willis Towers Watson's latest Salary Budget Planning Survey report, an average salary increase of 6.4 per cent in 2021 translates to a median increase of 7 per cent. "As companies in India respond to the economic implications of the COVID-19 crisis, there is an increased optimism on business recovery, but it is yet to translate into the salary increment budget," said Rajul Mathur, Consulting Head Talent & Rewards, Willis Towers Watson India. Mathur further said that with compensation budgets lower than previous years, companies are likely to prioritise allocation towards protecting critical and high skilled talent. "Through 2021, we can continue to expect greater emphasis on pay for performance and pay linked to business output," Mathur said. As per the survey, on ...

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.