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Pay hike News

21 Feb 2024

Salaries In India To Increase By 9.5% In 2024; Infra, Manu Sectors Lead

While global capability centres (GCCs) are expected to see a pay hike of 9.8 per cent in the country, manufacturing will witness a salary improvement of 10.1 per cent and life sciences, 9.9 per cent, according to the report by global professional services firm Aon.

12 May 2023

No Pay Hike For Microsoft Employees This Year

Microsoft had more than 220,000 employees, and layoffs affected around 5 percent of its workforce.

01 May 2023

Top CEOs Received 9% Pay Hike In 2022, Employees Took 3% Pay Cut

Around 150 of the top-paid executives in India received $1 million on average last year, a real-term pay rise of 2 per cent since 2021.

27 Apr 2018

80% Indian employees consider switching jobs for a pay rise

The survey pointed out that most employees are not satisfied with their current level of remuneration, highlighting that more women than men are dissatisfied with their current pay.

7th Pay Commission

13 Feb 2018

7th Pay Commission: Pay hike to go beyond recommendations for Central govt employees

At present, the Central govt employees are getting basic pay according to the fitment formula of 2.57 of the basic pay.

7th Pay Commission

04 Dec 2017

7th Pay Commission: Pay hike bonanza for government employees of this state!

30 percent of the arrear would be paid as the first installment in April 2018.

19 Sep 2017

Don't count on a pay rise for your wellbeing, study says sleep gives you a better life!

Income had little impact on how well people felt, the researchers found, with a 50 percent pay rise lifting a wellbeing score by just 0.5.

Brihanmumbai Municipal Corporation

02 May 2017

BMC: Samajwadi Party leader Raees Sheikh demands 400% pay hike for corporators

Samajwadi Party corporator Raees Sheikh has written a letter to Brihanmumbai Municipal Corporation (BMC) Commissioner, demanding a 400 percent pay hike for corporators.

12 Apr 2017

Snapdeal to dole out up to 15% pay hike amid sell-off buzz

E-commerce major Snapdeal will shell out an average pay hike of 12-15 percent as it looks to assure employees amid the online marketplace scouting for a potential buyer.

03 Apr 2017

Ravi Shastri bats for steep pay hike for international players, calls pay structure 'peanuts'

The Board also enhanced the match fees to Rs 15 lakh, 6 lakh and 3 lakh per Test match, ODI and T20 International respectively.

7th Pay Commission

08 Nov 2016

7th Pay Commission: No High Level Committee to examine recommendation on minimum Pay hike

The government has denied forming any High Level Committee to look into minimum pay hike as recommended by 7th Pay Commission.

7th Pay Commission

19 Jul 2016

7th Pay Commission: Know the exact salary of class 1 officers for pay band Rs 15,600-39,100

Know the exact salary of class 1 officers for existing pay band Rs 15,600-39,100 as per the 7th Pay Commission recommendations approved by the Cabinet on June 29.

7th Pay Commission

01 Jul 2016

7th Pay Commission: No decision yet on increase in allowances; pay hike to be implemented from Jan 2016

The scrapping of the allowances was opposed by the Unions and so it has been referred to a Committee of Secretaries.

7th Pay Commission

30 Jun 2016

Watch full details of 7th Pay Commission recommendations accepted by Modi govt

Watch here the full details of 7th Pay Commission recommendations approved by the Modi Cabinet on Wednesday ( June 29, 2016).

7th Pay Commission

30 Jun 2016

7th CPC: Committee to look into anomalies of pay panel implementation

The Union Cabinet, which on Wednesday announced implementation of the 7th Pay Commission, has decided to constitute three separate committees, including one to look into the anomalies likely to arise out of enforcement of the commission`s Report.

7th Pay Commission

29 Jun 2016

Know the final recommendations of 7th Pay Commission in a nutshell

Know here the recommendations of 7th Pay Commission, cleared by the Union Cabinet on Wednesday in a nutshell.

7th Pay Commission

29 Jun 2016

7th Pay Commission: How it will benefit central govt employees and pensioners!

The cabinet chaired by Prime Minister Narendra approved the recommendation that will increase the salary of government employees by 23.55 percent while also raising the entry level pay to Rs 18,000 per month from the current Rs 7,000.

7th Pay Commission

09 Feb 2017

7th Central Pay Commission: 14 key facts that all government employees must know

Here are the 14 key facts that all government employees should know about the recommendations of 7th Pay Commission, accepted by the Narendra Modi government.

7th Pay Commission

08 Feb 2017

7th Pay Commission: 23.5% hike in salaries, minimum pay increased to Rs 18,000 per month; arrears to be paid this year

Starting salary of a newly recruited employee at lowest level will now be Rs 18,000 per month whereas for a freshly recruited Class I officer, it will be Rs 56, 100 per month.

7th Pay Commission

29 Jun 2016

7th Pay Commission: Demand to push growth; modest risk to inflation

Implementation of the much- awaited pay hike for over 1 crore central government employees and pensioners will be a positive for the economy as it will push up consumption although its impact on inflation is likely to be moderate, economists say.

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