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STAGNANT SALARY REASONS
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 loyaltyA new employee resigned just five minutes after receiving their first salary. This incident has sparked widespread discussion about the evo...- Boss earning $450,000 offers employee salary below child’s school fees; worker says she feels like a ‘slave’ after frequent 90-hour weeksA worker expressed frustration after their employer, who reported significant taxable income, claimed they couldn't afford a raise, despite...
- Struggling to keep up: Stunning new report reveals nearly 9 million Americans now juggling multiple jobs to stay afloat in tough economyAlmost 9 million Americans are working multiple jobs to make ends meet. This is the highest number since the Great Recession in 2009. Many ...
- Infosys CEO responds to Pune techie's claim of discrimination against Hindi speakers amid toxic work culture debateInfosys has addressed allegations made by former employee Bhupendra Vishwakarma, who cited systemic flaws, regional bias, and toxic work cu...
- "I couldn't compromise my self-respect...": What led Pune techie to leave Infosys without another job offerBhupendra Vishwakarma outlined his reasons for quitting Infosys, citing lack of financial growth, unfair workload distribution, stagnant ca...
- Delhi entrepreneur shares hilarious resignation letter, terms it 'one of the finest reasons'An employee's resignation email due to stagnant salary has gone viral. The email humorously cited the inability to afford a new phone. Many...
- Why Cognizant’s Rs 2.5 LPA offer is causing a social media stirCognizant's off-campus placement drive, offering a ₹2.5 LPA salary to fresh graduates, has sparked online criticism, highlighting stagnant ...
- Resignation Party: Why young employees in China are celebrating quittingYoung professionals in China are leaving their stable jobs in increasing numbers, citing low salaries and burnout. These individuals are th...
- 10% salary hike is not sufficient to cover the impact of home loan EMI rise post RBI repo rate hikesConsidering the impact of the multiple repo rate hikes this year to the tune of 2.25%, the interest rate for home loan borrower will typica...
- India IT absorbs 1,20,000 tech gig workers since pandemicFrom April 2020 to September 2022, IT firms have hired over 1,20,000 people, or around 80% of the total technology services workers who wer...
- Four in 10 employees want to resign from current organisation post-increment: SurveyThe three sectors that include a majority of workers contemplating resignation are service (37%), manufacturing (31%), and IT (27%), accord...
- Glass ceiling: Pay gap between women and men CEOs doublesExperts attribute this to the strong bias against women CXOs, affecting career growth and promotions.
- Little change in salaries of entry-level IT jobs in IndiaSalaries of freshers have effectively gone down in the past 7 years if inflation is taken into account.
- Startups engineer salary hike for freshers, bring cheer to upcoming joineesStarting salaries for fresh engineering graduates stagnant in the Rs 3.5 to Rs 4.5 lakh band for 5-8 years are showing signs of going up.
- Gap between mid-level, freshers' wages in IT industry is set to widen by 8 timesEntry-level salaries have fallen over a 10-year period, whereas mid-management salaries have grown between 100%-150%.
- Infosys announces 6-8% salary hike effective from OctoberThis is in line with hikes given by its rivals. For onsite employees, the hike is 2%. The company made the announcement after it declared Q...
- Recommend to be selective in picking consumption stocks: Sandeep J Shah, Sampriti CapitalOne is not looking at the interest rate sensitives so aggressively to begin with or the high value purchases. You have got to be selective.
- Number of tech graduates swells; salaries at IT firms stay stagnantWhile demand for IT,IT-enabled job remains high, placement coordinators and students say Indian IT firms have refused to hike fresher salar...
- How to keep track of your incrementsSalary hike should ideally translate into a bigger investible surplus. Fill in this three-step worksheet to know where your increment is be...
- J&J shows door to 80 execs; most jobs cut at mid-management levelJohnson & Johnson has laid off up to 80 mid-to-senior-level execs.
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