India Salary Hike

The Karnataka government has approved a substantial pay hike for its employees. Following the 7th Pay Commission's recommendations, this decision was confirmed in a Cabinet meeting.

Salary hike in senior level job roles is expected to reach an average of 20 per cent this year, as nurturing talent and fostering innovation remains a key focus area for companies amid the country's buoyant economic conditions, says a report.

Deloitte India's latest report predicts a 9% salary increase for corporate executives in 2024. The report, titled 'Deloitte India Talent Outlook 2024', foresees increments better than pre-Covid levels across sectors, except for IT and BPOs.

Finance professionals in India are in line for higher salary hikes than those in Hong Kong and Singapore this year, underscoring how firms are tapping the nation's economic boom as China slows, according to Bloomberg Intelligence.

The Centre has approved a 4% increase in Dearness Allowance (DA) and Dearness Relief (DR), bringing the total DA to 50% of the basic salary for central government employees and pensioners.

The UK government's latest set of visa crackdowns to cut immigration figures includes a major hike in the minimum salary threshold for British nationals and permanent residents applying to bring family members to join them in the UK.

Wipro may skip giving hikes to "top performers with higher compensation" in its largest business line in the upcoming round of salary revisions in December, according to an internal memo: Report

Chief Minister Mamata Banerjee today announced a huge hike of Rs 40,000 per month in salaries of all MLAs of West Bengal.

Punjab Chief Minister Bhagwant Mann on Tuesday said the salaries of 12,700 teachers, who were regularised recently, have been increased by up to three times.

Go Airlines India Ltd. plans to raise salaries of captains by 100,000 rupees ($1,211) a month and by 50,000 rupees for first officers as it tries to salvage its operations after filing for insolvency on May 2.

In line with the Budget announcement, the finance ministry on Thursday hiked the tax exemption limit for leave encashment upon retirement for private sector salaried employees to Rs 25 lakh.

SpiceJet on Tuesday announced a substantial hike in the salary of its captains to Rs 7.5 lakh per month for 75 hours of flying.

Air India on Monday said it has revamped the compensation structure for pilots and cabin crew, including increasing the per-hour flying rate for pilots.

Thousands of rural health workers are on an indefinite strike across Madhya Pradesh demanding a hike in their monthly stipend and permanent employment status.

Average salary in India is expected to increase by 10.2 per cent in 2023, mainly driven by e-commerce, professional services and information technology, a report said on Tuesday.

The Karnataka government has approved a substantial pay hike for its employees. Following the 7th Pay Commission's recommendations, this decision was confirmed in a Cabinet meeting.

Salary hike in senior level job roles is expected to reach an average of 20 per cent this year, as nurturing talent and fostering innovation remains a key focus area for companies amid the country's buoyant economic conditions, says a report.

Deloitte India's latest report predicts a 9% salary increase for corporate executives in 2024. The report, titled 'Deloitte India Talent Outlook 2024', foresees increments better than pre-Covid levels across sectors, except for IT and BPOs.

Finance professionals in India are in line for higher salary hikes than those in Hong Kong and Singapore this year, underscoring how firms are tapping the nation's economic boom as China slows, according to Bloomberg Intelligence.

The Centre has approved a 4% increase in Dearness Allowance (DA) and Dearness Relief (DR), bringing the total DA to 50% of the basic salary for central government employees and pensioners.

The UK government's latest set of visa crackdowns to cut immigration figures includes a major hike in the minimum salary threshold for British nationals and permanent residents applying to bring family members to join them in the UK.

Wipro may skip giving hikes to "top performers with higher compensation" in its largest business line in the upcoming round of salary revisions in December, according to an internal memo: Report

Chief Minister Mamata Banerjee today announced a huge hike of Rs 40,000 per month in salaries of all MLAs of West Bengal.

Punjab Chief Minister Bhagwant Mann on Tuesday said the salaries of 12,700 teachers, who were regularised recently, have been increased by up to three times.

Go Airlines India Ltd. plans to raise salaries of captains by 100,000 rupees ($1,211) a month and by 50,000 rupees for first officers as it tries to salvage its operations after filing for insolvency on May 2.

In line with the Budget announcement, the finance ministry on Thursday hiked the tax exemption limit for leave encashment upon retirement for private sector salaried employees to Rs 25 lakh.

SpiceJet on Tuesday announced a substantial hike in the salary of its captains to Rs 7.5 lakh per month for 75 hours of flying.

Air India on Monday said it has revamped the compensation structure for pilots and cabin crew, including increasing the per-hour flying rate for pilots.

Thousands of rural health workers are on an indefinite strike across Madhya Pradesh demanding a hike in their monthly stipend and permanent employment status.

Average salary in India is expected to increase by 10.2 per cent in 2023, mainly driven by e-commerce, professional services and information technology, a report said on Tuesday.