Page 10 - Salary Hike

Cabinet approves proposal to hike salaries of HC, SC judges

The cabinet decision follows the implementation of recommendations of the 7th Central Pay Commission in respect of civil servants

Salary hikes, attrition reduce in Q1 FY18 amid IT lay offs, slow job hiring

Average salary hikes and voluntary attrition levels in top sectors declined during April-June quarter over last year, amid uncertain hiring prospects and lesser job opportunities, says a survey. According to online recruitment and career solutions portal Wisdomjobs.Com, most industries witnessed conservative appraisals that were considerably lower than the two-digit salary hikes seen in the previous year. "Most sectors have seen conservative appraisals this quarter on the back of several external factors that impacted them in the previous two quarters," Wisdomjobs.Com founder & CEO Ajay Kolla said. Kolla further said, "hiring outlook of Indian companies, although still positive, will be characterised by a wait-and- watch approach as they come to terms with the real impact of automation - especially in the IT sector - and the consequent need for re-skilling their employees". This trend is likely to continue for a couple of quarters before picking up again, he said. The survey

India Inc to get 9.5% salary hike this year

The overall attrition number for India at 16.4% is one of the lowest in the emerging market segment

New report reveals Indians likely to get lower salary hikes in 2017

Employees are expected to see an average 10 per cent increase in salary in 2017

Gloom at offshore drilling companies

Crude oil below $50 per barrel sends jitters to offshore drilling business

Telangana Assembly passes bill to hike salaries of MLAs, MLCs

The hike will cause an estimated cost of Rs 42.67 crore per annum

India Inc salary hike dips to 10.3%; lower than last year

Since 2012, there has been a status quo in general compensation trends in India as average salary rise is hovering around 10% levels.