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Infosys gives 6-7% wage hike to employees

Last Updated: Tuesday, April 15, 2014, 12:05

Country's second largest software services firm Infosys has raised salaries of its employees in the country by 6-7 percent and by 1-2 percent for onsite workers, effective April 1.

Obama bypasses Congress to promote equal pay for women

Last Updated: Wednesday, April 09, 2014, 08:54

Washington: President Barack Obama resorted Tuesday to an executive order to oblige federal contractors to provide equal pay for women who currently earn less than their male counterparts.

Trouble brewing again in Air India over pilots' pay cut

Last Updated: Tuesday, April 08, 2014, 23:06

Trouble is again brewing in Air India ahead of the upcoming busy holiday season, with a section of pilots resenting a proposed 15 percent cut in their allowances, saying such a reduction would place their pay packets below what was prevailing in the market.

EPFO told to hold clubbing of allowances for PF deduction

Last Updated: Saturday, April 05, 2014, 18:03

"EPFO has got a letter from the Labour Ministry asking it not to go ahead with clubbing of allowances with basic pay. The EPFO will soon issue a notification," a source said.

PepsiCo's Indra Nooyi got $18.6 mn pay package in 2013

Last Updated: Saturday, March 22, 2014, 18:38

PepsiCo has given its India-born chief Indra Nooyi a pay package of USD 18.6 million (about Rs 113 crore) for 2013, a 7 per cent hike from the previous year.

India most optimistic on hiring plans for April-June quarter: Survey

Last Updated: Tuesday, March 11, 2014, 13:19

India has emerged as the most optimistic nation in terms of hiring plans for the next three months and sectors such as aviation, IT & ITeS and retail are likely to see an increase in payrolls.

IBM CEO's take-home down 14% in 2013

Last Updated: Tuesday, March 11, 2014, 10:00

IBM, which had sold its low-end server business in January, had recorded a 4.6 percent decline in revenue in 2013.

Google finance, business chiefs get millions in bonuses

Last Updated: Tuesday, March 11, 2014, 09:52

Google Inc will pay Finance Chief Patrick Pichette a USD 3 million annual bonus, and Chief Business Officer Nikesh Arora a USD 3.5 million bonus, a slight increase from the previous year, following a year in which the Internet company`s stock surged nearly 60 percent.

Women's jobs are poorer paid and more stressful: Study

Last Updated: Wednesday, March 05, 2014, 15:24

Women's jobs are poorer paid, less flexible, more stressful, and offer fewer promotion opportunities than men's, an international study that included data from 27 countries has found.

Six IIM graduates placed with lucrative pay

Last Updated: Thursday, February 27, 2014, 13:23

Six Indian management graduates from IIMs have landed themselves a lucrative job with an annual pay of Rs 44 lakh each from a Dubai-based finance firm.

Pay hike to be 10% this year, lowest since 2009: Aon Hewitt

Last Updated: Wednesday, February 26, 2014, 15:19

India Inc is expected to dole out a 10 percent salary increase in 2014, the lowest in five years, according to a survey by Aon Hewitt.

Cabinet likely to set 7th pay commission's terms this week

Last Updated: Tuesday, February 25, 2014, 18:53

The Cabinet is likely to set the terms of reference of the 7th Pay Commission this week, paving the way for salary revision of over 50 lakh central government employees.