Salary Hike

  • Executives likely to see 15 to 20 pc salary hikes this year March 31, 2014

    New Delhi: With economic prospects looking better, executives are expected to see their pay packets increase as much as 20 per cent in the next financial, feel experts. Although the salary hikes could see significant variations across sectors, pharmaceutical and automobile industries are likely to see the maximum increases, HR...
  • Tripura govt to hike salaries of ministers, legislators September 26, 2013

    Agartala: A bill proposing a 50 percent increase in the salaries of the chief minister, ministers, opposition leader and legislators was moved in the Tripura assembly on Thursday. Presenting the bill on the first day of the three-day monsoon session, Parliamentary Affairs Minister Tapan Chakraborty said the increase in the salaries, allowances...
  • UPA constitutes 7th Pay Commission ahead of polls September 25, 2013

    New Delhi: In an effort to woo Central government employees before the next Lok Sabha elections, Prime Minister Manmohan Singh constituted the 7th Pay Commission on Wednesday. The new pay scale recommended by the Pay Commission will be implemented from January 1, 2016 as the government has given about two...
  • India Inc to give 11 pc salary hike in FY13: Survey December 2, 2012

    New Delhi: Employees across corporate India are expected to get a slightly lower average salary hike of 11 per cent in the current fiscal compared to 12-13 per cent last year as firms grapple with sluggish economic activity, experts have said. As per a survey conducted by recruitment tendering platform...
  • Hiring on track, no decision on pay hike: Infosys July 12, 2012

    Bangalore: Software services major Infosys on Thursday said it will stick to its target of hiring 35,000 people this fiscal but is not looking at wage hikes for now. The hiring plan, which includes 13,000 jobs for its BPO operations, will be adhered to despite an uncertain global economic growth...
  • Double-digit salary hikes likely this year: Survey May 3, 2012

    New Delhi: Notwithstanding sluggish economic conditions, India Inc is expected to dole out double-digit salary hikes this year and overall rise in pay packets could go up to 20 per cent, says a survey. Staffing firm TeamLease Services on Thursday said in a report that Indian companies are now recognising the...
  • India Inc set for a 12 pc salary hike in 2012: Study February 22, 2012

    Mumbai: Employees in India are likely to get a salary increase of 11.9 per cent this year, says a survey conducted by global human resources consulting and outsourcing firm Aon Hewitt. This is well ahead of competitors China and Philippines, the highest in the Asia-Pacific region. Sandeep Chaudhary, practice leader -...
  • TCS chief to get nearly 70 per cent pay hike June 2, 2011

    Mumbai: Country's largest software Tata Consultancy Services (TCS) has hiked the pay package of its chief N Chandrasekaran, raising his monthly salary limit nearly 70 per cent to Rs 10 lakh. The steep pay hike comes against the backdrop of the company's good performance in recent quarters, even as many of...
  • India to see robust hiring, 13 pc salary hike March 9, 2011

    New Delhi: Indian job seekers can look forward to a brighter future. A survey of over 5000 companies finds there will be more hiring in the next three months, than in any quarter since 2005. Manufacturing, finance, insurance and real estate will be among the sectors that do the most...
  • MPs' salary hike: do they have a case? August 31, 2010

    New Delhi: Lok Sabha has passed the bill to revise the salary of members of Parliament. Much of the debate in the media has been on the wealth of current MPs and the lack of accountability. It is important to focus as well on structural issues related to remunerating legislators. Under...
  • Salary hike bill was scandalous: Brinda Karat August 25, 2010

    New Delhi: Highly critical of Members of Parliament deciding their own remuneration, CPI-M leader Brinda Karat on Wednesday said the salary hike bill was "scandalous". "At no other place in the country, you have beneficiaries deciding on the increase of their own salary," Karat said on the sidelines of a conference...
  • Should MPs decide their own salaries? August 24, 2010

    Should there be an independent committee to decide the salaries of MPs? ...
  • Are Indian MPs poorly paid? Find out August 23, 2010

    New Delhi: Much hue and cry and a 300 per cent hike later, MPs in the world's largest democracy will take home every month salaries a little more than a day's pay of a US parliamentarian. If compared with legislators from the developed world, our MPs may appear to be poorly...
  • Somnath slams MPs for demanding pay hike August 23, 2010

    New Delhi: Former Lok Sabha speaker Somnath Chatterjee on Monday appealed to Members of Parliament not to sully the image of elected representatives on the issue of salary hike. Speaking to CNN-IBN Deputy Editor Sagarika Ghose, Somnath said that a pay commission should be set up to decide the salaries and...
  • MPs have their way, get further hike in perks August 23, 2010

    New Delhi: The pressure by Members of Parliament (MPs) over further increase in their salary and perks finally bore fruit on Monday. The Union Cabinet decided to increase the perks for MPs by Rs 10,000 more within 72 hours after agreeing to a three times raise in salary on Thursday. The...
  • TWTW: Independence Day special August 22, 2010

    This week, the show also takes a dig at the humor surrounding the MPs' demand for a salary hike. ...
  • MPs demand Rs 10,000 more as pay perks August 22, 2010

    New Delhi: The Government may agree to another revision in pay for Members of Parliament (MPs), as the members demand for Rs 10,000 more in perks. Sources told to CNN-IBN that the government could agree to a nominal hike in MPs' salary and perk. The new pay hike could be an increase...
  • MPs' pay hike: Pranab helps break deadlock August 21, 2010

    New Delhi: The deadlock over MPs' salary hike ended on Saturday after the Government's trouble-shooter Pranab Mukherjee met agitating parliamentarians who are unhappy with the three-fold increase and are demanding a 500 per cent raise. The Government is likely to consider marginally increasing the hike, official sources said. Finance Minister Mukherjee...
  • Row over salary hike resolved: Sharad Yadav August 21, 2010

    New Delhi: The government on Saturday assured agitating MPs that their concerns on salary hike would be addressed, NDA convenor Sharad Yadav said in the Lok Sabha, a day after several opposition parties conducted a 'mock' Parliament. Yadav made the statement during Zero Hour, shortly after he along with RJD chief...
  • Are our MPs really underpaid? August 20, 2010

    A 312 per cent increase has taken the salaries our MPs to Rs 50,000 per month. But MPs still stalled Parliament saying their salary is not good enough. The parliamentarians also enjoy many privileges like 1,50,000 free phone calls per month, 50,000 units of free electricity per month, Rs 1,000 each...
  • Three-fold salary hike fails to please MPs August 20, 2010

    A three-fold increase has taken the salaries of ours MPs to Rs 50,000 per month. But that is still not enough as RJD and SP MPs stalled Parliament demanding more. ...
  • Salary hiked 3 times, MPs still unsatisfied August 20, 2010

    New Delhi: Lok Sabha was adjourned on Friday over the issue of salary given to members of Parliament despite the Cabinet's nod to a 300 per cent hike. Leaders of Opposition parties like Rashtriya Janata Dal (RJD) chief Lalu Prasad Yadav and Janata Dal-United chief Sharad Yadav created ruckus in...
  • India Inc may give double-digit pay hike: Hewitt March 4, 2010

    New Delhi: India Inc is expected to dole out the highest salary hike of 10.6 per cent in the Asia-Pacific region this year, riding on strong recovery in the economy and business sentiment, HR consultancy Hewitt Associates said. As per Hewitt's annual Salary Increase Survey 2009-10, the double-digit hike in salaries...
  • Police baton charge teachers in Lucknow September 5, 2009

    Lucknow: Primary school teachers demanding a salary hike were baton charged by police on Teachers Day. As the teachers tried to enter the state assembly on Saturday, police baton charged them. "We resorted to force only when they (teachers) turned violent and tried to damage vehicles on the roads," Deputy Inspector General...
  • India Inc may hike salaries by 6-8 pc: HR survey April 30, 2009

    New Delhi: At a time when the global job scenario is gloomy, India Inc is expected to increase salaries up to eight per cent this year with infrastructure and FMCG sectors likely to see the maximum hikes, global HR consultancy Mercer says. "Overall Indian companies are likely to increase salaries between...
  • New Year bonanza: Mega salary hike for SC, HC judges January 2, 2009

    New Delhi: Judges of the Supreme Court and High Courts will get a three-fold salary raise and the Chief Justice of India will get Rs 1 lakh after the Government on Friday decided to bring an ordinance to hike the monthly pay for the higher judiciary. The decision to promulgate an...
  • IT's raining money, Infosys tops appraisal charts June 25, 2008

    Mumbai: Mohandas Pai, the Human Resource head of Infosys, is in a jubilant mood. He just got a 100 per cent salary hike and is now at an enviously comfortable position, drawing Rs 1.8 crore annually. Srinath Batni, responsible for delivery excellence at Infy, just got an excellent delivery of...
  • 25% pay hike for govt staff? PC will give some hints today February 29, 2008

    New Delhi: Government employees, get ready to hear the first word on the much-awaited pay hike! While the Sixth Pay Commission is yet to finalise its report and it's likely to come in only in April, Union Finance Minister P Chidambaram is expected to provide the first indications on the...
  • Indians set to get highest salary hike in 2008 January 17, 2008

    New Delhi: Indians working with MNCs are slated to get the highest salary hike of about 14 per cent on an average across the world in 2008, as firms readily adopt measures to prevent their employees from jumping the ship. According to data compiled by global human resources consultancy firm ECA...
  • Salary not the only incentive for President January 12, 2008

    New Delhi: The Union government has decided increase the President's salary by 100 per cent to Rs 1 lakh per month. The Members of Parliament, Legislative Assemblies and Legislative Councils, too, are pleading for a pay hike. The salary of the Vice-President and Governors has also been increased. While some consider...