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More in HRTech

  • CEO pay rose nearly 10% in 2024 as stock prices and profits soared

    Many companies have heeded calls from shareholders to tie CEO compensation more closely to performance. As a result, a large proportion of pay packages consist of stock awards, which the CEO often can't cash in for years, if at all, unless the company meets certain targets, typically a higher stock price or market value or improved operating profits.

    ceo pay rose nearly 10 in 2024 as stock prices and profits soared
  • TCS CEO Krithivasan's compensation rises 4.6% to Rs 26.52 cr in FY25

    The remuneration is nearly 330 times the median salary paid by the company to its 6.07 lakh employees, as per the annual report. Krithivasan's compensation included a salary of Rs 1.39 crore, Rs 2.13 crore in benefits, perquisites and allowances and a commission of Rs 23 crore, it said.

    tcs ceo krithivasan s compensation rises 4 6 to rs 26 52 cr in fy25
  • IT salaries rise 12-37% since FY21, linked to business growth

    From FY21 to FY24, salary improvements varied across companies. Indian firms recorded increases between Rs 1 lakh and Rs 2.6 lakh, while global companies Cognizant and Accenture registered increases of $1,600 and $3,200, respectively. TCS and HCLTech have not revealed their consolidated median employee remuneration.

    it salaries rise 12 37 since fy21 linked to business growth
  • Pension isn't charity but a legal right, shouldn't be delayed even by a day: HC

    Calcutta High Court has firmly stated that pension is a legal entitlement, not charity, rebuking Hooghly Chinsurah municipality for delaying pension payments to 148 retired Group D workers, citing technological issues. The court emphasized that delaying pension, earned through years of service, causes undue hardship and violates principles of equity and justice.

    pension isn t charity but a legal right shouldn t be delayed even by a day hc
  • Wipro chairman Rishad Premji salary increases in FY2025, but remains significantly lower than CEO Srinivas Pallia

    ​​​​​This significant increase in the remuneration comes after a year where his compensation was notably lower. In FY24, Permji has taken a 20% pay cut and foregone his commission. After all the deductions he took home Rs 6.4 crore in FY24. This was attributed to the company's incremental consolidated net profit being negative for that fiscal year. However, this year the company reported 18.9% increase in net profit which allowed Premji’s remuneration to rebound.

    wipro chairman rishad premji salary increases in fy2025 but remains significantly lower than ceo srinivas pallia
  • 'Biggest scam': Lemonn cofounder sparks debate on middle-class salary crisis

    Ashish Singhal's post ignited discussion on middle-class salaries. He cited a report indicating slow income growth for this group. Food prices have increased significantly, reducing purchasing power. Spending relies on credit, not income. AI threatens white-collar jobs. Singhal questions if it is an income or money management issue. Commenters highlight the gap between CTC and take-home pay due to expenses.

    biggest scam lemonn cofounder sparks debate on middle class salary crisis
  • From engineers to green energy experts: India’s renewable boom demands redefined talent strategy

    A fine balance between retaining top talent and upskilling future talents is the need of the hour to maintain the double-digit growth momentum of the renewable energy sector. At the same time, the advent of new players has led to a sudden surge in demand for key talent in this domain. A clearly defined career progression path to timely skill upgradation may help to retain employees in the long run with the organisation.

    from engineers to green energy experts india s renewable boom demands redefined talent strategy
  • Tesla CFO Vaibhav Taneja earned $139.5 million in salary for the year 2024

    Vaibhav Taneja, Tesla's CFO, received a $139.5 million pay package in 2024. This is one of the highest for a CFO. Stock options and equity awards made up the majority of it. Taneja's journey began at Delhi University. He worked at PwC and SolarCity. He climbed Tesla's ranks after the SolarCity merger. His compensation exceeds those of top tech leaders.

    tesla cfo vaibhav taneja earned 139 5 million in salary for the year 2024
  • How Ashok Leyland boosted its hirings through Internal Job Postings from 3% to 22% in a year

    In an exclusive interview with ETHRWorld, Raja Radhakrishnan, President and CHRO, Ashok Leyland, says, "In promoting internal talent, today a lot of managers actually complain to me that many of my guys have left the team due to IJP and I have not got my replacement. I am actually happy to have this kind of complaint, rather than employees complaining that we are very scared to apply for an IJP role due to the manager or cultural dynamics."

    how ashok leyland boosted its hirings through internal job postings from 3 to 22 in a year
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