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PWC BONUS ANNOUNCEMENT
IndusInd Bank moves to claw back bonuses from ex-top brassThe bank has not yet finalised the clawback period, which is likely to span two to three years. The proposed action is based on findings fr...- Global overhaul at Big Four firms brings fresh alignments for IndiaBig Four firms are restructuring globally due to slow growth and changing regulations. These changes will impact their Indian operations. E...
- Awaiting an end to IndusInd Bank's ₹1,500 cr derivative loss sagaIndusInd Bank faces scrutiny for a ₹1,500 crore derivative loss, with auditors investigating to uncover the causes. The loss, concealed thr...
- EY, PwC, Deloitte and KPMG to hand out over 230 promotionsWhile Deloitte has announced 60 partner promotions already, PwC, KPMG and EY have finalised their promotion lists but will announce them in...
- Delhivery appoints three new independent directors to board ahead of IPOEx-JPMorgan Kalpana Morparia, former IndusInd Bank CEO Romesh Sobti, and Marico MD Saugata Gupta have joined Delhivery’s board of directors...
- Big Four accounting firms beef up for post-Covid action, offer promotionsOn Friday, local market leader EY and its member firms announced 43 promotions to partnerships in the India region, while PwC promoted 129 ...
- PwC hikes variable pay of India employees by 75% including special bonusesThe firm said that it has already paid a two week special bonus to all its employees in March. The firm is now providing vouchers ranging f...
- Many companies recognise employee efforts through rewardsCompanies across sectors are giving their employees a combination of increments, promotions, variable pay and one-time special bonuses desp...
- Companies like RPG Group, Dalmia Cement, Marico, Panasonic, Vedanta, PwC, KPMG, and upGrad going the extra mile to help staffDalmia Cement (Bharat), for instance, has removed monetary limits and other restrictions on medical reimbursements for employees affected b...
- PwC announces one time bonuses for all its 15,000 employeesThis comes about a year after the firm had taken measures to conserve working capital amidst Covid pandemic. March last year the firm had d...
- KPMG hires 800 freshers for digital push as Indian economy gradually recovers from CovidLarge firms including PwC, Deloitte and EY too have seen a pickup in their hiring numbers as firms look to invest in digital transformation...
- As cars roll out of factories, companies dole out incrementsMarket leaders like Maruti Suzuki, Hero Motocorp, Royal Enfield, TVS Motors, Hyundai, Kia and MG Motors have been handing out annual increm...
- Big 4, others roll back salary cuts, clear staff bonusesBigger professional services firms, including BDO and Grant Thornton, and even niche firms such as Dhruva Advisors, had taken measures to s...
- Multinational services firms bet big on digital, automation amidst Covid pandemicTop six firms together have hired around 4,000 professionals in these areas since April this year, when the real impact of pandemic began.
- PwC India to announce deferred bonuses, hikes, promotions in OctoberPerformance ratings for FY20 have already been shared with employees and promotions and compensation adjustments will be announced on Octob...
- Amid paycuts and layoffs, some companies chose to shield staff during the Covid stormTata Consultancy Services (TCS), Wipro, and Infosys have deferred hikes. Reliance and Oyo have cut pays.
- Deloitte India announces promotions, promotes 30 directors to partnersWith the new announcements, Deloitte’s partner tally crosses 480. The promotions were across the five verticals — audit, tax, consulting, f...
- PwC deferring promotions, increments and bonuses of India employees, partners to take 25% pay cutPwC India is deferring promotions, increments and bonuses for all its employees in India due to Covid impact.
- BMR Advisors' tax team set to merge with DeloitteOn Monday, Deloitte team got the required internal approvals to go ahead with the merger and key partners were informed about the deal, sou...
- Narendra Modi to launch new BHIM platform to push digital paymentsThe announcement will be made by the prime minister at a function on the occasion of 126th birth anniversary of Dr Bhim Rao Ambedkar.
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