Page 7 - Salary Hike

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

Delhi govt approves salary hike recommended by Centre for MLAs

Delhi MLAs will now get Rs 90,000 per month as salary and allowances with the Arvind Kejriwal government approving a hike cap recommended by the Centre on Tuesday. Earlier, each MLA was getting Rs 53,000, including Rs 12,000 as salary and the remaining amount as allowances, the government said in a statement. With this hike, each legislator will get Rs 30,000 as salary and allowances totalling Rs 60,000, it said. Despite the hike, Delhi MLAs will continue to be among the lowest-paid legislators in the country, it claimed. The salary of Delhi's MLAs hasn't increased in 10 years and the Kejriwal government had requested the Union Ministry of Home Affairs (MHA) that their salary and allowances be at par with MLAs of other states, the statement said.

High-paid jobs saw salary hike during Covid-19 lockdown, says PLFS

The Periodic Labour Force Survey for 2019-20 has found that average salary of those in the regular wage/salaried status actually rose by 5 per cent in the lockdown period from the previous quarter

Can hike in Dearness Allowance boost consumer spending?

Union Minister Anurag Thakur on July 14, 2021 announced hike in Dearness Allowance from 17 per cent earlier to 28 per cent for government employees and pensioners w.e.f. July. This will increase the take-home salary while pensioners will also get additional support. But will it result in higher spending? Let's find out

Wipro announces salary hike for 80% of eligible staff, second in CY21

The salary hike will be effective from September 1, 2021.

Pakistan govt employees protest, demand 25% hike in salaries after budget

Pakistan government employees on Friday demanded 25 per cent hike in their salaries and protested against the 10 per cent hike provision proposed in the national budget for FY2021-22