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HUGE SALARY BILL
Techie realises earning well does not mean living well. So he gives up job with monthly take home salary of Rs 1.2 lakh for Rs 40,000 monthly jobA techie named Shubh Jain has sparked discussion online after sharing why he left a job paying around ₹1.2 lakh per month in Mumbai and lat...- Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
- Need over ₹2 crore for foreign education? From scholarships to SIPs - know the smart ways parents can plan for expensive foreign degreesThe escalating cost of foreign education, often underestimated by Indian parents, necessitates early financial planning. Beyond tuition, ac...
- Maharashtra minister blames own government after MSRTC staff gets half payMaharashtra's BJP-led government is facing financial strain as the MSRTC struggles to pay employee salaries due to pre-election sops like d...
- Govt brings bill in Rajya Sabha to hike pension of judges of high courts, Supreme CourtThe government introduced a bill that proposes to amend the salaries and services acts of the judges of the Supreme Court and the high cour...
- Jet Airways to cut up to 25 per cent of employees' salariesCuts are in the range of 5% (for those earning Rs 12 lakh) to 25% (for those earning Rs 1 crore and above).
- This Rs 16 lakh dengue bill a hospital charged should’ve been Rs 9 lakh lessIf the excess margins were not charged, the bill ought to have been about Rs 6.9 lakh in a private hospital and Rs 5 lakh in a government o...
- Paper bills out, digital employee benefit startups are inPayment companies say digitising entire employee payment stack will help them convince corporates to move from offline to online reimbursem...
- MPs want judiciary to be made accountableMembers in Lok Sabha across the political spectrum today pitched for judicial accountability with a Congress member arguing that the people...
- Hefty pay outgo from tax receipts not good economic policy: AssochamHefty increases in wage bill, as recommended by the panel, might also hurt the government's fundings towards infrastructural development, i...
- Air India grounds voluntary retirement scheme citing high attrition, lack of fundsAir India has given a quiet burial to its VRS owing to high attrition rate & govt's disinclination to provide committed funds due to precar...
- Air India plans to outsource functions to cut costWith a view to cut down its operational costs, national air-carrier Air India today said it is planning to outsource some of its functions ...
- CEOs salary cap removed in new Companies Bill: KhurshidThe existing 11 per cent cap on salaries of CEOs of corporates has been removed in the new Companies Bill.
- Satyam staff faces cut in variable payEmployees at the troubled Satyam Computer Services could be in for a cut in their variable pay packages.
- Shareholders fret as PSU employees celebrate pay hikePSU employees are rejoicing at the prospects of hefty pay hikes, but shareholders are fretting about the pressure on operating margins. Fir...
- Pension bill may outstrip wages this fiscalA recent CAG report has indicated that the pension bill for the central govt in fiscal 07-08 could outstrip the wage bill for the serving s...
- Retail cos look overseas for brand-loyal employeesA combination of attrition, rising wage bill and lack of trained manpower is making retailers look at the alternative of bringing in employ...
- Wage bills balloon as Indian cos fill vacuum with expatsThe paucity of middle and senior rung professionals is forcing Indian firms to scout for talent overseas, translating into much higher wage...
- Higher labour productivity triggers rise in India Inc’s wage billAs for the rise in corporate wage bill, an ET survey of 200 large companies finds that their aggregate wage bill has increased by a record ...
- Wage dowry in air for AI-IA familyThe merger of Air India and Indian would turn out to be a bonanza for some sections of employees in both the companies.
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