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EMPLOYEE COSTS IT SECTOR
A new hire waited exactly five minutes after a 10 AM salary credit to submit a resignation email at 10:05 AM, prompting an HR executive to question whether weeks of onboarding and training deserved at least a full day's loyalty- Saudi Arabia to require Premium Residency holders to obtain dedicated work permits
- GST@9: Building a more seamless, certainty-driven input tax credit framework
- 2 TCS employees booked for abetment over colleague's ''suicide'', company says it is ascertaining factsPune police have filed a case of abetment to suicide against three individuals. This action follows the death of a 48-year-old employee of ...12 Jun, 2026, 09.33 PM IST
- Some German firms see AI reducing need for degrees, Ifo saysThe survey also showed that about 15% of the companies surveyed deemed it easy to replace experienced employees with AI-enabled staff wit...12 Jun, 2026, 03.20 PM IST
- Eight public sector banks add 13,223 employees in FY26; SBI leads hiring spreeEight public sector banks, including SBI, collectively added 13,223 employees in FY26, boosting their total workforce to over 6.28 lakh. St...11 Jun, 2026, 05.40 PM IST
- Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors?Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolong...11 Jun, 2026, 01.16 PM IST
- He sent a work email on weekend. But boss called him the next day to teach him a lesson. Employee shares India vs Norway work culture. ‘I got scolded for…’An Indian expat in Norway learned a vital lesson about work-life balance when his boss expressed concern, not praise, for him working weeke...11 Jun, 2026, 11.25 AM IST
- Oracle awarded US contract to provide government-wide HR softwareOracle will provide a cloud-based HR platform to replace the individual systems of agencies, Office of Personnel Management Director Scot...11 Jun, 2026, 08.06 AM IST
- Fable 5: Anthropic's latest AI model could transform IT, but at a costAnthropic's Fable 5 AI model showcases advanced agentic coding, capable of autonomous complex task completion and outperforming benchmarks....11 Jun, 2026, 06.00 AM IST
- Cabinet clears Rs 2,534 crore office, housing projects in AmaravatiThe Union Cabinet has approved two major infrastructure projects in Amaravati. These include an office complex and a residential township f...10 Jun, 2026, 02.12 PM IST
- AI anxiety, increased benefit costs, inadequate cyber threat literacy among India's top workplace challenges: ReportA new report reveals that increased health costs, AI adoption barriers, regulatory shifts, and poor cyber threat literacy are top HR and ri...10 Jun, 2026, 12.04 PM IST
- Salesforce layoffs: Employees from Agentforce AI, Mulesoft IT teams handed pink slipsThe enterprise software company has undertaken a fresh round of layoffs, affecting employees working on its Agentforce AI product, Mulesoft...10 Jun, 2026, 10.47 AM IST
- EV, FinTech jobs set to deliver biggest raisesIndian employees can anticipate salary increments of 8.6% to 10.2% in FY2026-27, with EV infrastructure, fintech, and healthcare sectors le...09 Jun, 2026, 04.24 PM IST
- 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...09 Jun, 2026, 01.40 PM IST
- UK to reimburse visa costs for firms bringing in overseas workersBritain is now reimbursing visa fees for fast-growing tech and innovation companies hiring international talent. This initiative, targeting...09 Jun, 2026, 11.20 AM IST
- GCCs outpace IT services in tech hiring, driving AI & cloud talentGlobal capability centres are now adding more employees than IT services firms in India. This trend shows a shift in how advanced technolog...09 Jun, 2026, 06.00 AM IST
- Q4 FY26 earnings: Metal companies lead growth, backed by robust volumes and favourable pricing trendsET Wealth presents an 8-quarter earnings assessment report of various sectors. The year-on-year net profit growth for 18 sectors is present...08 Jun, 2026, 11.30 AM IST
- Six-figure salary, MNC job but still driving taxi: Bengaluru techie left surprised after realising who is driver wasA Bengaluru software engineer was surprised to discover that his Rapido bike taxi rider was also a software developer working at a multinat...07 Jun, 2026, 05.13 PM IST
- 5,100 employees won't get salary hikes as Tech CEO says company is spending on AI insteadTeradata salary hike 2026: Cloud software company Teradata has decided to freeze annual salary increases for its 5,100 employees in 2026 as...04 Jun, 2026, 10.58 PM IST
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