Page 7 - Salary Hike

Employees may have to wait longer for new wage code rules to kick in

The changes under the new wage code can only be implemented across the country once the centre receives draft guidelines from all the states and UTs

IndiGo hikes pilot salaries by a further 8%, restores overtime allowance

The airline has made changes to its HR policies to reinstate the work pattern of crew under which they will earn more, but there will be fewer leaves

Delhi Assembly passes Bill to increase salaries, allowances of its members

The AAP government has increased the salary of its MLAs from Rs 12,000 to Rs 30,000 per month

Hiring CEOs becoming difficult after huge pay hike in FY22, says new report

Infosys CEO Salil Parekh saw his total pay jump by 43% to Rs 71.02 crore, the company's annual report showed

Delhi Assembly's monsoon session to begin soon; Money bill to be tabled

The two-day Monsoon session of the Delhi Assembly will be held on July 4 and 5, in which the AAP govt is likely to table a Bill for hike in the salaries of MLAs

Apple to boost salaries for US workers by more than 10% as inflation bites

Apple is now accelerating its annual performance-based pay increases for retail and corporate team members by three months

Infosys hikes CEO Salil Parekh's salary by 88% to Rs 79.75 crore

For FY22 Infosys CEO Salil Parekh received a total remuneration of Rs 71.02 crore, up 43 per cent. This compensation included Rs 52.33 crore from restricted stock unit options.

Will 20% hikes and higher fresher pay be the new norm in IT sector?

Amid the race to hire and retain talents, several IT companies are outdoing each other in doling out attractive packages and bonuses. Will such hikes become the new norms? Find out in this report

Senior executives in India may get 8.9% salary hike in 2022: Report

Salaries of senior executives in India have increased 8.9 per cent in 2022 from 7.9 per cent in 2021, a report said

Salary hikes at companies inching closer to pre-Covid levels: Report

E-commerce and tech start-ups, healthcare, and allied industries plan salary hikes of more than 10 per cent.

Annual pay hikes near pre-Covid levels; to be around 8% this year: Report

Increments are yet to reach double digit hikes, it is heartening to see that the phase of salary de-growth and stagnation that have been hovering across the job market in last 2 years nearing its ends

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