PAY HIKE

7th Pay Commission Dearness Allowance Latest Update: Dearness allowance is a component of salary of the government employees and pensioners. It was introduced to help government employees cope with rising inflation. Will the central government emplo...

A woman's bold career move in Bengaluru has gone viral. Feeling undervalued at her startup job, she pursued an Ivy League education, enhancing her career prospects. Returning to her previous company, she secured a position with a salary more than do...

Happy Wednesday! Top bosses at some of the country’s leading IT firms took home enhanced salary packages last fiscal. More on this on today’s ETtech Morning Dispatch.

IT services major Wipro paid its employees an average of more than 85% variable pay for the fourth quarter of FY24, several employees have told ET, on condition of anonymity.

DA hike latest news update: There have been speculations about a possible hike in basic pay for central government employees and pensioners in July 2024 as dearness allowance (DA) and dearness relief touch 50%. ​​Usually, the DA and DR of the centra...

DA hike impact: The Center's decision to increase its employees' dearness allowance by 4% to 50% has resulted in significant revisions to other allowances, including retirement gratuity, which is a great benefit for government employees.

IT services and global market conditions impact senior-level hiring with pay hikes expected. Roles in finance, consulting, and program management are in demand. Companies hiring for roles like chief AI officer, delivery head-AI, and CFOs. Skills in ...

Japanese authorities have introduced an online booking system for Mount Fuji's Yoshida Trail to manage overtourism and address safety and environmental concerns amid a surge in summer visitors. The system will limit daily entries to 4,000 hikers at ...

A post by an engineer in Dehradun for higher salaries has sparked a discussion on social media. The engineer emphasized the need for individuals, especially software engineers, to consider switching jobs for better pay. The post has led to conversat...

The average annual increment after the performance appraisals for fiscal 2024 is likely to be 10%, according to a study conducted for ET by Ciel HR Services. For high performers, it could be 12-20%.

HRA hike for central govt employees: After DA hiked to 50%, several other allowances including HRA of the central government employees, will also be increased. The 7th Pay Commission recommended that the rates of HRA be revised to 30%, 20%, and 10% ...

Employee fraud risks rise, impacting industries like BFSI, e-commerce. AI, ML crucial in fraud detection. Companies urged to adapt to evolving fraud trends, prioritize integrity in recruitment processes.

The Michael Page's Salary Guide 2024 for India indicates significant demand for various roles across sectors, with senior-level job shifts offering substantial salary increases of 15-25%. Manufacturing, data, generative AI, and sustainability skills...

The survey, conducted among 2,500 employees to gather insights on their salary increment expectations and outlook for 2024, found that despite the slightly lower projected increase and concerns about an economic slowdown, employees remain optimistic...

The Unstop 2024 Talent Report surveyed over 11,000 students, university partners, and HR professionals, revealing key insights about the job market in India. Among the findings, 60% of students prioritize job security over pay raises, with 53% expre...

The gender gap in pay raises persists due to women's hesitation influenced by confidence disparities and unconscious gender stereotypes. Organizational culture, compensation philosophy, and market benchmarks play a crucial role. Women should keep re...

A survey by HR consulting firm Mercer projects the highest salary increases in India's automobile, manufacturing and engineering, and life sciences sectors. Median merit salary increments are expected to reach 10% in 2024, driven by technological ad...

According to a survey by HR consulting firm Mercer, employees in India's automobile, manufacturing and engineering, and life sciences sectors are projected to see the highest salary increases this year. Median merit salary increments in India are ex...

This year’s pay hike would be slightly lower than 2023's 9.7% amid tepid sentiment in sectors like tech consulting and services, ecommerce, retail.