Employee Remuneration
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iPhone Factory Workers' Protest: Over 20,000 New Hires Said to Leave Foxconn's Zhengzhou Plant
Foxconn is said to have seen over 20,000 new hires leave the company's Zhengzhou iPhone plant in China, after widespread worker protests that rocked the facility over a pay dispute. The company apologised for committing a pay-related "technical error" when hiring new recruits, offered remuneration to employees who wanted to resign and leave the cha...
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Vijay Shekhar Sharma to Continue as Paytm MD, CEO MD for Five Years, Backed by 99.67 Percent of Shareholders
Paytm founder Vijay Shekhar Sharma has been reappointed as Managing Director and Chief Executive Officer for another five years, according to the company. The country’s leading digital payments and financial services company and pioneer of QR and mobile payments said that 99.67 per cent of shareholders voted in favour of him continuing in his rol...
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Brazilian MP Proposes Bill to Legalise Crypto Payments to Public and Private Sector Employees
The bill proposed by Goulart looks forward to a new law that allows all the workers to an open option where they can seek remuneration in cryptocurrencies from their employers, but only provided there's a mutual agreement in place between the employeer and employee.
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Indian CEOs Earn Up To 1,200-Times (You Read That Right) Of Average Staff
The companies having seen a rise in the top executive pay included Wipro, TCS, Kotak Mahindra Bank, Axis Bank, Bajaj Auto, Tata Steel, M&M, Hero Motocorp, Lupin and Bharti Airtel.
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Hero MotoCorp's Pawan Munjal Takes Home Rs 59.66 Crore Pay In FY17
According to the company's annual report for 2016-17, the ratio of Pawan Munjal's pay to the median remuneration of employees was 731.
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LTA Benefits: How To Make The Most Of This Income Tax Exemption
LTA is an allowance granted by organisations to their employees as part of their remuneration structure.
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HDFC Bank's Aditya Puri Top Gainer In Salary Hike Among Private Bankers
HDFC Bank's Aditya Puri saw the maximum jump in remuneration among private bank chiefs in 2015-16, with a 31 per cent growth at Rs 9.73 crore.
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Sebi Ups Mutual Fund Disclosure Norms, Wants Agent Commission Spelt Out
Like listed companies, mutual funds (MFs) will also have to disclose the annual salary of those earning Rs 60 lakh or above, and also the ratio of CEO's remuneration to median employee salary.
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Secretaries Committee to Screen Pay Commission Recommendations
The government has set up a 13-member empowered Committee of Secretaries (CoS) headed by the Cabinet Secretary for processing recommendations of the 7th Central Pay Commission, which has bearing on remuneration of 47 lakh central government employees and 52 lakh pensioners.
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Govt Sets Up Panel on 7th Pay Commission Recommendations
The government on Wednesday decided to set up a high-powered panel headed by Cabinet Secretary P K Sinha to process the recommendations of the 7th Pay Commission which will have bearing on the remuneration of 47 lakh central government employees and 52 lakh pensioners.
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Promoters Make More Than Professionals, Finds InGovern
The Companies Act (2013), which came into force on April 1, 2014, requires listed companies to disclose salary details of directors and top officials in comparison to median employee remuneration. As a result, many listed companies put in public domain salary details of top bosses (in comparison to median employee remuneration) for the first time. ...
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Your Boss Can Talk You Into Loving Your Salary
All workers think they should be getting paid more-that's nothing new. But two recent reports suggest employers may not have to compensate their workers well to keep them happy.
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Seventh Pay Commission Panel to Submit Report in December
The Cabinet today extended by four months the term of the Seventh Pay Commission, which was set up in February 2014 to revise remuneration of some 48 lakh central government employees and 55 lakh pensioners.
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7th Pay Panel Gets Time Till December to Submit Report
The Cabinet on Wednesday extended by four months the term of the Seventh Pay Commission, which was set up in February 2014 to revise remuneration of some 48 lakh central government employees and 55 lakh pensioners.
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Sunil Bharti Mittal Gets Rs 27 Cr Pay Package, 324 Times Median Staff Pay
Telecom czar Sunil Bharti Mittal got a total pay package of Rs 27.17 crore for fiscal year 2014-15, an amount which is 324 times of the median employee remuneration of the company.
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iPhone Factory Workers' Protest: Over 20,000 New Hires Said to Leave Foxconn's Zhengzhou Plant
Foxconn is said to have seen over 20,000 new hires leave the company's Zhengzhou iPhone plant in China, after widespread worker protests that rocked the facility over a pay dispute. The company apologised for committing a pay-related "technical error" when hiring new recruits, offered remuneration to employees who wanted to resign and leave the cha...
-
Vijay Shekhar Sharma to Continue as Paytm MD, CEO MD for Five Years, Backed by 99.67 Percent of Shareholders
Paytm founder Vijay Shekhar Sharma has been reappointed as Managing Director and Chief Executive Officer for another five years, according to the company. The country’s leading digital payments and financial services company and pioneer of QR and mobile payments said that 99.67 per cent of shareholders voted in favour of him continuing in his rol...
-
Brazilian MP Proposes Bill to Legalise Crypto Payments to Public and Private Sector Employees
The bill proposed by Goulart looks forward to a new law that allows all the workers to an open option where they can seek remuneration in cryptocurrencies from their employers, but only provided there's a mutual agreement in place between the employeer and employee.
-
Indian CEOs Earn Up To 1,200-Times (You Read That Right) Of Average Staff
The companies having seen a rise in the top executive pay included Wipro, TCS, Kotak Mahindra Bank, Axis Bank, Bajaj Auto, Tata Steel, M&M, Hero Motocorp, Lupin and Bharti Airtel.
-
Hero MotoCorp's Pawan Munjal Takes Home Rs 59.66 Crore Pay In FY17
According to the company's annual report for 2016-17, the ratio of Pawan Munjal's pay to the median remuneration of employees was 731.
-
LTA Benefits: How To Make The Most Of This Income Tax Exemption
LTA is an allowance granted by organisations to their employees as part of their remuneration structure.
-
HDFC Bank's Aditya Puri Top Gainer In Salary Hike Among Private Bankers
HDFC Bank's Aditya Puri saw the maximum jump in remuneration among private bank chiefs in 2015-16, with a 31 per cent growth at Rs 9.73 crore.
-
Sebi Ups Mutual Fund Disclosure Norms, Wants Agent Commission Spelt Out
Like listed companies, mutual funds (MFs) will also have to disclose the annual salary of those earning Rs 60 lakh or above, and also the ratio of CEO's remuneration to median employee salary.
-
Secretaries Committee to Screen Pay Commission Recommendations
The government has set up a 13-member empowered Committee of Secretaries (CoS) headed by the Cabinet Secretary for processing recommendations of the 7th Central Pay Commission, which has bearing on remuneration of 47 lakh central government employees and 52 lakh pensioners.
-
Govt Sets Up Panel on 7th Pay Commission Recommendations
The government on Wednesday decided to set up a high-powered panel headed by Cabinet Secretary P K Sinha to process the recommendations of the 7th Pay Commission which will have bearing on the remuneration of 47 lakh central government employees and 52 lakh pensioners.
-
Promoters Make More Than Professionals, Finds InGovern
The Companies Act (2013), which came into force on April 1, 2014, requires listed companies to disclose salary details of directors and top officials in comparison to median employee remuneration. As a result, many listed companies put in public domain salary details of top bosses (in comparison to median employee remuneration) for the first time. ...
-
Your Boss Can Talk You Into Loving Your Salary
All workers think they should be getting paid more-that's nothing new. But two recent reports suggest employers may not have to compensate their workers well to keep them happy.
-
Seventh Pay Commission Panel to Submit Report in December
The Cabinet today extended by four months the term of the Seventh Pay Commission, which was set up in February 2014 to revise remuneration of some 48 lakh central government employees and 55 lakh pensioners.
-
7th Pay Panel Gets Time Till December to Submit Report
The Cabinet on Wednesday extended by four months the term of the Seventh Pay Commission, which was set up in February 2014 to revise remuneration of some 48 lakh central government employees and 55 lakh pensioners.
-
Sunil Bharti Mittal Gets Rs 27 Cr Pay Package, 324 Times Median Staff Pay
Telecom czar Sunil Bharti Mittal got a total pay package of Rs 27.17 crore for fiscal year 2014-15, an amount which is 324 times of the median employee remuneration of the company.
