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SALARY HIKE IN 2012
Standoff between Coal India, unions over salary hikesCoal India will now make a fresh assessment of its fund position to see if it can raise its offer and has scheduled another meeting on Augu...- PSU insurance cos to see Rs 675 crore outgo on 13.5% wage hikeThe wage settlement was implemented in February, but effective August 2012, as in the case of banks and LIC, according to General Insurance...
- LIC employees agree for 15% salary hike, 5-days weekIn the pact, the management also agreed to a five-day week for alternative Saturdays for LIC employees on the lines of their peers in the b...
- For companies that performed well, CEO hikes could touch double-digitsEconomic, social and political fluctuations that prevailed during the decade’s worst slowdown impacted the salary drawn by CEOs and top bra...
- Infosys to dole out promotions every quarter and a 5-7 per cent salary hike for 2014-15The announcement is expected to be made in April, when the company releases its financial results for the fourth quarter and full year endi...
- It’s raining pay rises for Gujarat corporate czarsAfter taking big pay cuts last year, top honchos of leading companies in Gujarat have taken home almost double the salaries in 2012-13.
- Cairn's interim CEO P Elango to get 40 pc salary hikeCairn's new promoter, Agarwal-controlled Vedanta Resources, had named Elango as the firm's interim CEO after the exit of high profile Rahul...
- Hot jobs reign with good salaries even amidst slower growth industriesKelly Services released has its annual Indian Salary Guide 2013-14, which gives a detailed summary of the jobs/skills in demand in India.
- Corporate sentiment cautiously positive; employees can expect 12% hike this year: MercerThe pharmaceutical sector, at 12%, expects the highest salary increments while high-tech sector is expected to give the lowest increments a...
- 12% salary hike expected across industries this year: Mercer SurveyThe pharmaceutical sector expects highest salary increments at 12.5%, while the high-tech sector is expected to give the lowest increments ...
- Manufacturing firms to give lower hikes and variables as sector battles cost pressuresThe budgeting is still on but lower hikes are on the cards while slashing of variable pays and even salary freezes are a possibility in the...
- IT provider Mastek staggers salary increments over two quarters to reduce margin impactDuring the current quarter, the increments had a 1% impact on the margin and the next set of increments will impact margins in Dec quarter.
- Over 12% shareholders oppose hike for Vedanta Resources top officialsMore than 12% shareholders of Vedanta Resources Plc have voted against its top deck's 3-5% salary hike for 2012-13 at the company's annual ...
- India Inc expects double-digit salary hikes this year: SurveyTeamLease said double-digit salary hikes are likely this year and the average salary growth in India could hit near 20 per cent levels in 2...
- Employees in India may get lower salary hike in 2012: SurveyEmployees across corporate India are expected to get a lower average salary hike of 11.54 per cent in 2012 compared to last year.
- Average salary hikes for 2012 to be at 11.2%: SurveyAverage salary hikes for 2012 will be at 11.2%, a tad lesser than last year, on account of the global economic slowdown and inflation, acco...
- Average increment in 2012 may fall to 11.9%: SurveyThe projected average increase of 11.9% in India is also the highest in the Asia Pacific region, followed by China at 9.5% and the Philippi...
- India Inc may give up to 20% pay hike to staff in 2012: Aon HewittEmployees in India seem to have a reason to cheer despite the prevailing economic uncertainties, as they could get pay hikes of as much as ...
- Employees to get 14% average pay hike in 2012: ExpertsSectors like infra could see average salary hike of 16%, but the increments could be lower at 5% in few segments like aviation and textiles.
- Companies likely to hire over 5 lakh in 2012Adding to the cheers of the job market, the employees could expect double-digit salary hikes during 2012.
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