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EMPLOYEE BONUS
Cabinet approves 78-day bonus worth Rs 2,009 crore for 11.4 lakh railway employees ahead of DiwaliThe Union Cabinet has approved a 78-day productivity-linked bonus worth Rs 2,009.61 crore for 11.4 lakh railway employees, with a maximum p...
Survey reveals Wall Street firms are linking bonuses and promotions to AI competency among employeesAs artificial intelligence reshapes the landscape of Wall Street, its expertise is increasingly tied to salary and promotions in financial ...
Wall Street firms tie bonuses, promotions to AI skills, survey findsAI capabilities are rapidly gaining importance on Wall Street, with a growing trend of companies tying compensation to AI expertise. Approx...
Union Cabinet likely to take up productivity-linked bonus for railway employees on WednesdayThe Union Cabinet is likely set to take up a proposal on productivity-linked bonus for railway employees. Non-gazetted railway employees cu...
8th Pay Commission salary calculator: Can Level 10 employees get Rs 34 lakh extra basic pay at 7% increment rate in 10 years?8th Pay Commission news: The 8th Pay Commission has completed discussions in Bengaluru and will move to Mumbai soon. On October 22 and 23, ...
VRS offer in hand? Check these tax rules before you accept the packageContemplating a Voluntary Retirement Scheme (VRS)? Prior to making your decision, it’s crucial to analyze the overall financial implication...
DA hike for central government employees: AIDEF urges cabinet secretary, Finance Ministry to announce DA hike soon, increase in bonus ceilingDA hike: Central government employees and pensioners are in eager anticipation of the upcoming announcement regarding the dearness allowanc...
Owner sees 2 employees coming to work on two wheeler in harsh winter, gifts Rs 45 lakh BMWs to themA restaurant owner in China's Henan province gifted two employees brand-new BMW cars worth around Rs 43 lakh each after seeing them commute...
India's TCS senior staff will miss out on variable pay for September quarter, memo showsIn a groundbreaking decision, Tata Consultancy Services has announced that senior employees, specifically those at the C3A grade and higher...
‘You have a green card of your own’: US' new PERM rules expose a job trap of 'rewards' that employees get stuck in for years, warns IIM alumnusAn IIM Lucknow alumnus has drawn a parallel between the US green card restrictions affecting Indian professionals and a career trap that ma...
Has government released Rs 41,000 as annual bonus for Railway employees? Here’s the truthA fake letter claiming a sanctioned Productivity Linked Bonus for railway workers has circulated on social media. The Railway Board has con...
Anup Bagchi set to become India's highest-paid bank CEO, may earn Rs 35.9 crore a yearHDFC Bank has proposed a substantial annual remuneration package of ₹35.9 crore for Anup Bagchi, subject to shareholder approval. This pack...
FDA seizes 1,394kg of banana from an APMC in Navi Mumbai allegedly being treated with a banned chemical to make the ripeIn a recent operation, food safety authorities confiscated approximately 1.4 tonnes of bananas at the APMC Fruit Market located in Turbhe. ...
Indian Railways giving non-gazetted employees bonus equal to 78 days’ wages? PIB respondsA fraudulent Railway Board communication claiming that eligible non-gazetted employees would receive a Productivity Linked Bonus of 78 days...
Samsung expects 780% quarterly operating profit jump on AI boomSamsung Electronics anticipates a remarkable surge in its third-quarter operating profit, fueled by soaring memory chip prices. With an est...
At Rs 35.9 crore, HDFC Bank's incoming boss Anup Bagchi set to be India's highest-paid bank CEOHDFC Bank has proposed an annual compensation package of up to Rs 35.90 crore for Anup Bagchi. This remuneration could increase to Rs 43.24...
Manager faces career dilemma after being told to ‘manage out’ 20-year employee who ‘exceeded expectations’ for 7 years because firing her could cost $200,000 in severanceA manager says he was told to “manage out” a 20-year employee despite her seven years of “exceeds expectations” reviews and two promotions....
Nvidia’s $20 billion Groq deal under fire: Why shareholders are suingIn a striking legal development, two ex-Groq engineers have taken Nvidia to court over alleged mismanagement of their technology and person...
Expecting a bonus, stock compensation or property sale in 2026? Check your withholding before a surprise tax bill in 2027A bonus, stock compensation or property sale can change your 2026 tax picture. Here’s what taxpayers should know about withholding, estimat...
Central govt employees’ annual bonus: Can it be paid in first week of October? What experts sayRepresentatives of central government workers are demanding that the Productivity-Linked Bonus ceiling be lifted, asserting that the presen...