Page 3 - Salary

Govt flags Rs 3.2 crore variable pay to IIM Rohtak director, seeks probe

The ministry's internal audit wing has flagged irregularities, stating that the IIM Rohtak director's pay exceeded 200% of his fixed salary, breaching standard practices

GCCs in India offer 12-20% higher tech salaries than IT services firms

Another 800 GCCs are expected in the next 5-6 years, boosting India's role as a global tech hub, with many in Tier-II cities like Kolkata, Ahmedabad, and Vadodara, promoting local employment

Rs 2.52 LPA for freshers, how Cognizant hikes salaries for existing employees

IT Giant Cognizant faces backlash over salary hikes. After offering Rs 2.52 lakh per annum to freshers, the US-based company is in the spotlight for its minimal salary hikes.

Imams of Delhi WAQF allege non-payment of salary, demand investigation

Government's substantial grant to the WAQF board has not helped in timely payments for the Imams

Amid Cognizant's 2.5 LPA freshers pay offer row, attention on CEO's salary

Amid the uproar over the low entry-level salary, attention has turned to Cognizant's CEO, who is the highest-paid in India with Ravi Kumar Singisetti receiving a staggering $22.56 million last year

Despite 20% lesser jobs on offer, starting pay in UK up 6.5% on year in May

The 6.5 per cent rise in advertised starting pay compared with a year earlier outstrips the 6.0 per cent rise in official wage data for the three months to April

Why the salary packs of top NBFC executives are on RBI's radar

Adherence to variable and deferred remuneration norms is under scrutiny

Air India announces salary hike, annual performance bonus for pilots

The new compensation structure, effective April 1, will see first officers and captains receive a monthly salary hike of Rs 5,000, while commanders' pay will be raised by Rs 11,000

Air India Express struggles with roster software, over 50 flights affected

The Tata-owned airline has been compelled to manually assign duties and organise schedules for its staff, affecting around 50 out of the 300 daily flights operated by the airline

Reduced flights impacting cabin crew salary: Air India Express union

The Air India Express Employees Union has claimed that more than 100 employees have not been able to work due to the unavailability of airport entry passes

Cash-strapped Byju's pays April salaries to all employees except sales ones

Last month, Byju Raveendran, the founder and chief executive officer of Byju's, secured a private debt of about Rs 30 crore to pay the March salaries of employees

Cash-strapped Byju's may pay salary to employees for April this week

Last month, Byju Raveendran, the founder and chief executive of Byju's, secured a private debt of about Rs 30 crore to pay the March salaries of employees

Byju's introduces revenue-linked salary policy for sales staff: Report

Base salaries of sales staff will be suspended while this policy is in place between April 24 and May 21

Here's how much Wipro CEO Srinivas Pallia is set to earn in the first year

Wipro's new chief executive officer (CEO), Srinivas Pallia, is set to receive up to $6 million in annual compensation during his initial year

Koo halts salary payments amid financial woes, seeks strategic partners

Indian platform that was once seen as a potential rival to Twitter says that it is in discussions with potential strategic partners

Five-day week not there yet, but bank wage settlement has a lot for bankers

While the wait for a five-day week gets longer, the most interesting developments that make the agreement progressive and humane relate to leave

'Pleased to inform': Byju's begins salary payout after delay of 2 months

Byju's said that despite its efforts, the company is yet to secure approval to access the funds from the rights issue

How to restructure your CTC under old and new tax regime for maximum benefit

For those paying rent, optimizing HRA can significantly reduce taxable income.

Why IPL player pay has not grown in sync with BCCI and franchise revenue?

While the value of IPL has increased by 433%, the salary cap of the franchise has only increased from Rs 20 crore in 2008 to Rs 100 crore in 2024

Pak Prez Zardari decides to forgo salary, cites nation's economic hardship

Pakistan's newly-elected President Asif Ali Zardari on Tuesday announced that he would not draw any salary during his tenure as part of his bid to help the cash-strapped country face the challenging economic hardship. Zardari, 68, who took oath as Pakistan's 14th President on Sunday, decided to encourage prudent financial management and not burden the national exchequer, his Pakistan Peoples Party (PPP) said in a statement on X. The President considered it essential not to burden the national exchequer and preferred to forgo his salary, President Secretariat Press Wing said in a press release on Tuesday. Former president Arif Alvi was drawing Rs 8,46,550 per month, which was fixed by Parliament in 2018. Zardari is one of the richest politicians in Pakistan. Zardari, co-chairman of the PPP, took oath as President of Pakistan for a second term at a ceremony at Aiwan-i-Sadr in Islamabad on Sunday. Separately, Interior Minister Mohsin Naqvi, following the steps of Zardari, also decide