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COMPENSATION FOR EMPLOYEES
8th Pay Commission news: Defence employee body demands new inflation index to calculate 8th CPC DA, DR, revised payThe All India Defence Employees’ Federation (AIDEF) has urged the 8th Pay Commission to replace the AICPI-IW-based inflation measure with a...
Cipla appoints health chief Shivam Puri to lead One India businessCipla has appointed Shivam Puri as the new Chief Executive Officer for its One India Business. This significant leadership change will take...
Elon Musk’s biggest wealth-creation moment: SpaceX IPO turned 4,400 workers into millionaires overnightElon Musk's startup SpaceX's historic IPO made around 4,400 employees millionaires overnight as they accumulated significant wealth through...
Business lesson from Amazon CEO Jeff Bezos: "Make employees think like owners" What business owners can learn from billionaire's success mindsetAmazon founder Jeff Bezos emphasized fostering an ownership mindset among employees to drive success. By aligning employee interests with l...
Employee created a spreadsheet on personal MacBook to simplify workflow, but after quitting, ex-company now claims he stole it and filed a police reportA California employee says his former company filed a police report accusing him of stealing a “trade secret” after he left with a spreadsh...
Company triples workload but gives no salary hike: LinkedIn post on employee's 2-year pay freeze goes viralAn Indore professional's LinkedIn post highlighted a friend's plight: a marketing professional's workload tripled over two years with no sa...
Air India says 96% of Ahmedabad crash victims' families have received interim compensationAir India is nearing completion of compensation for AI171 crash victims. Most families have received interim aid, with final payouts underw...
A mariner put 10% of her paycheck into SpaceX for 2 years, and as it goes public, she is not telling her net worthMaryellyn Musselman, a former SpaceX mariner, is holding onto her company shares ahead of its highly anticipated IPO. She invested 10% of h...
SpaceX's blockbuster IPO could turn more than 4,000 employees into millionaires. Here’s howSpaceX is poised for a historic IPO, potentially raising $75 billion and valuing the company at $1.75 trillion. Extraordinary investor dema...
No individual data, Sebi to tweak AMC exec pay disclosure normsIn a bold initiative, the Securities and Exchange Board of India (Sebi) is looking to overhaul the reporting standards for executive compen...
Sebi proposes consolidated disclosure norms for executive pay at AMCsSebi has proposed enhanced remuneration disclosure norms for mutual fund asset management companies, including consolidated disclosure of e...
Sebi proposes consolidated disclosure of executive pay at asset managersIndia's markets regulator, SEBI, has proposed a change for asset management companies. Executives and high earners in these firms may soon ...
Stock-pay boom amplifies US economic drumbeat: Mike DolanRising stock prices are increasingly impacting U.S. worker compensation, particularly in the technology sector, where stock-based compensat...
8th Pay Commission latest news: Railway pensioners' body demands one rank one pension, inflation-linked pension revisionRetired railway employees are urging the 8th Pay Commission to implement one rank one pension. They also demand a revision of basic pay and...
Vizag Steel Plant tragedy: Andhra Dy CM announces ex-gratia; says such an accident 'never occurred' in 30 yearsAndhra Pradesh Deputy Chief Minister Pawan Kalyan on Tuesday expressed deep grief over the tragic explosion at the Visakhapatnam Steel Plan...
Vizag Steel Plant accident: Centre announces Rs 25 lakh ex gratia, job for victims' kinThe Centre has announced significant support for families affected by the Vizag Steel Plant accident. Ex gratia compensation of Rs 25 lakh ...
She built an entire department by herself, then discovered a new hire would earn $30K more; what she did 'professionally' during an all-hands meeting left the company stunnedA workplace story shared on Reddit has gone viral after a woman who built an entire department reportedly used a company all-hands meeting ...
From $2 per share to a $1.75 trillion giant: How Elon Musk's SpaceX could make employees millionaires overnightSpaceX IPO: SpaceX employees are set for a major financial boost. As the company prepares for its public listing, stock grants are now wort...
BSNL ordered to pay over Rs 55 lakh compensation to co-operative bank after duplicate SIM used to access OTPs in Rs 87 lakh fraudKarnataka high court has ordered BSNL to pay more than Rs 55 lakh in compensation and damages to a co-operative bank that lost over Rs 87 l...
Employee has to work on a holiday, but when HR claims she can't get paid overtime, the boss has a clever suggestionAn hourly employee faced a payroll nightmare after working on a paid national holiday, only to have overtime pay vanish. HR blamed a system...