Salary Growth
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Global CEOs' Pay Rose 50% Since 2019, 56 Times More Than Workers: Report
Noting that the average pay for CEOs in India has reached $2 million a year, a new study by research and advocacy group Oxfam said the average pay for global CEOs surged by 50 per cent in real terms since 2019.
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Profit Growing, Hiring, Salaries Not So Much: Centre's Message To India Inc
The corporate sector in India has been posting impressive financial performances, but recruitments and salary growth of employees have not kept up with the companies' profit, the government has said in the Economic Survey.
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Walmart Raises Pay For Managers In US, Offering Over Rs 3 Crore Annually
Walmart is boosting manager compensation with $20,000 stock grants for eligible Supercenter managers, combined with an average salary increase to $128,000 and potential bonuses, enabling over $400,000 annual earnings.
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Microsoft's Salaried Staff Won't Get Raise This Year, Reveals Leaked CEO Mail: Report
Microsoft will not raise salaries for full-time employees this year and is reducing budget for bonuses and stock awards, Insider reported on Wednesday, citing an internal email by CEO Satya Nadella. In January, Microsoft said it would let go of 10,000 workers, adding to the tens of thousands layoffs announced before that across the technology secto...
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Elon Musk's Pay Trial To Decide If Tesla's Growth Justifies $56 Billion Salary
After five days of testimony, including three hours from Elon Musk, a Delaware judge will now decide whether Musk's $56 billion pay package from Tesla Inc was justified by the company's explosive growth or undermined by a flawed process.
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Meta CEO Mark Zuckerberg Said to Take Accountability for Overstaffing Firm Ahead of Layoffs
Meta will begin laying off employees on Wednesday morning, company CEO Mark Zuckerberg reportedly told hundreds of executives on Tuesday. The chief executive of Meta was said to be downcast in Tuesday's meeting and said he was accountable for the company's missteps and his overoptimism about growth had led to overstaffing. Meta reported more than 8...
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IIT Patna Students' Pre-Placement Offers Witness Increase; Maximum Salary Package Of Rs 82.05 Lakh
IIT Patna PPO 2022: As per an IIT Patna statement, in this session, the institute has seen a growth of 74 per cent in terms of number of PPOs as compared to 2021-2022 batch and about 16.70 per cent growth in terms of average pay packages.
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Microsoft President Brad Smith Sees Labour Force Decline Amid Pressure on High Salaries
Microsoft President Brad Smith says the US companies are facing a "new era", when there are fewer people entering the workforce, but the pressure to pay higher salaries may become permanent. He states major markets overseas have seen outright labour force declines.
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Infosys Posts 14% Rise In Q2 Profit, Announces Salary Hikes From January
Infosys, the country's second largest IT company, on Wednesday reported a 14 per cent rise in net profit to Rs 4,845 crore in the July-September period compared to the previous quarter, beating analysts' estimates. In a regulatory filing after market hours, the IT major said its revenue increased 3.82 per cent sequentially to Rs 24,570 crore in the...
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Companies To Go Slow On Increments, Salary Hikes To Be Limited In Selected Profiles: Report
As far as new hirings are concerned, the report said that 6 out of the 17 sectors it surveyed offered more than 10 per cent salary growth
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AIIMS: Doctors Urge Govt To Review 7th Pay Panel's Terms
A panel of doctors at AIIMS has shown strong resentments against the unrevised seventh pay commission which could reduce their salaries lower than what is provided at private institutions.
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Snapdeal Co-Founders Kunal Bahl, Rohit Bansal Take 100% Salary Cut
The SoftBank-backed firm, which has been struggling to raise fresh funding, is also laying off hundreds employees and eliminating non-core projects to focus on "profitable growth".
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LinkedIn Reveals Most Promising Jobs In The US For 2017
The rankings were based on a weighted score across five areas: salary, career advancement, number of job openings in the US, year-over-year growth in job openings, and widespread regional availability.
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FMCG Companies Looks Beyond 'Temporary Blip', Keep Faith In GST
Two years of slow growth meant the companies had been gearing up to turn the corner on a likely demand surge because of a hike in salary and more rural income.
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Brace Up! You May Get Lower Salary Hike Next Year
According to Korn Ferry Hay Group 2017 Salary Forecast, India salary growth is pegged at 10 per cent, while real wages are expected to rise by 4.8 per cent.
-
Global CEOs' Pay Rose 50% Since 2019, 56 Times More Than Workers: Report
Noting that the average pay for CEOs in India has reached $2 million a year, a new study by research and advocacy group Oxfam said the average pay for global CEOs surged by 50 per cent in real terms since 2019.
-
Profit Growing, Hiring, Salaries Not So Much: Centre's Message To India Inc
The corporate sector in India has been posting impressive financial performances, but recruitments and salary growth of employees have not kept up with the companies' profit, the government has said in the Economic Survey.
-
Walmart Raises Pay For Managers In US, Offering Over Rs 3 Crore Annually
Walmart is boosting manager compensation with $20,000 stock grants for eligible Supercenter managers, combined with an average salary increase to $128,000 and potential bonuses, enabling over $400,000 annual earnings.
-
Microsoft's Salaried Staff Won't Get Raise This Year, Reveals Leaked CEO Mail: Report
Microsoft will not raise salaries for full-time employees this year and is reducing budget for bonuses and stock awards, Insider reported on Wednesday, citing an internal email by CEO Satya Nadella. In January, Microsoft said it would let go of 10,000 workers, adding to the tens of thousands layoffs announced before that across the technology secto...
-
Elon Musk's Pay Trial To Decide If Tesla's Growth Justifies $56 Billion Salary
After five days of testimony, including three hours from Elon Musk, a Delaware judge will now decide whether Musk's $56 billion pay package from Tesla Inc was justified by the company's explosive growth or undermined by a flawed process.
-
Meta CEO Mark Zuckerberg Said to Take Accountability for Overstaffing Firm Ahead of Layoffs
Meta will begin laying off employees on Wednesday morning, company CEO Mark Zuckerberg reportedly told hundreds of executives on Tuesday. The chief executive of Meta was said to be downcast in Tuesday's meeting and said he was accountable for the company's missteps and his overoptimism about growth had led to overstaffing. Meta reported more than 8...
-
IIT Patna Students' Pre-Placement Offers Witness Increase; Maximum Salary Package Of Rs 82.05 Lakh
IIT Patna PPO 2022: As per an IIT Patna statement, in this session, the institute has seen a growth of 74 per cent in terms of number of PPOs as compared to 2021-2022 batch and about 16.70 per cent growth in terms of average pay packages.
-
Microsoft President Brad Smith Sees Labour Force Decline Amid Pressure on High Salaries
Microsoft President Brad Smith says the US companies are facing a "new era", when there are fewer people entering the workforce, but the pressure to pay higher salaries may become permanent. He states major markets overseas have seen outright labour force declines.
-
Infosys Posts 14% Rise In Q2 Profit, Announces Salary Hikes From January
Infosys, the country's second largest IT company, on Wednesday reported a 14 per cent rise in net profit to Rs 4,845 crore in the July-September period compared to the previous quarter, beating analysts' estimates. In a regulatory filing after market hours, the IT major said its revenue increased 3.82 per cent sequentially to Rs 24,570 crore in the...
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Companies To Go Slow On Increments, Salary Hikes To Be Limited In Selected Profiles: Report
As far as new hirings are concerned, the report said that 6 out of the 17 sectors it surveyed offered more than 10 per cent salary growth
-
AIIMS: Doctors Urge Govt To Review 7th Pay Panel's Terms
A panel of doctors at AIIMS has shown strong resentments against the unrevised seventh pay commission which could reduce their salaries lower than what is provided at private institutions.
-
Snapdeal Co-Founders Kunal Bahl, Rohit Bansal Take 100% Salary Cut
The SoftBank-backed firm, which has been struggling to raise fresh funding, is also laying off hundreds employees and eliminating non-core projects to focus on "profitable growth".
-
LinkedIn Reveals Most Promising Jobs In The US For 2017
The rankings were based on a weighted score across five areas: salary, career advancement, number of job openings in the US, year-over-year growth in job openings, and widespread regional availability.
-
FMCG Companies Looks Beyond 'Temporary Blip', Keep Faith In GST
Two years of slow growth meant the companies had been gearing up to turn the corner on a likely demand surge because of a hike in salary and more rural income.
-
Brace Up! You May Get Lower Salary Hike Next Year
According to Korn Ferry Hay Group 2017 Salary Forecast, India salary growth is pegged at 10 per cent, while real wages are expected to rise by 4.8 per cent.
