Indian Employees

Indian employees may expect an average salary increment of 9.4 per cent this year across industries, indicating strong economic growth and rising demand for skilled talent, a report said on Tuesday. Over the last five years, salary increments have steadily increased, rising from 8 per cent in 2020, to a projected 9.4 per cent in 2025, according to Total Remuneration Survey (TRS) by HR consulting firm Mercer. The automotive sector leads with anticipated increments of 10 per cent from 8.8 per cent, driven by the surge in electric vehicles and the government-led 'Make in India' initiative. Manufacturing and engineering follow closely with an increase from 8 per cent to 9.7 per cent, reflecting a resurgence in the manufacturing ecosystem. More than 1,550 companies in India participated in the survey, spanning diverse industries, such as technology, life sciences, consumer goods, financial services, manufacturing, automotive, and engineering. Further, the report revealed that in 2025,

A video showing DK Goel, the chairman of FIITJEE, scolding employees in an online conference has gone viral. The video shows Goel speaking to an employee in an aggressive manner

A woman employee collapsed and died at a private bank in the Vibhuti Khand area here, police said on Wednesday. The incident occurred on Tuesday. The cause of the woman's death is yet to be ascertained, they said. "Sadaf Fatima (40) worked with a private bank. On Tuesday, she collapsed in the office. Her co-workers rushed her to a nearby government hospital where doctors pronounced her dead," said Station House Office (SHO), Vibhuti Khand, Sunil Kumar Singh. The body was sent for post-mortem examination. "The family members of the deceased have not filed any complaint in the matter. Further action will be taken based on the findings of the post-mortem," Singh said. A relative of Fatima told reporters that she was the sole breadwinner of her family. Samajwadi Party (SP) president Akhilesh Yadav said the news of the woman employee's death was very worrisome as such incidents raise questions about the working conditions in various organisations. "Such news is a symbol of the curren

Manufacturing sector witnessed subdued employment growth in the past decade due to issues like bad loans, says Economic Survey 2023-24

The hiring will build up Hexaware's talent base across offshore, onshore, and near-shore centres in India, the US, Canada, Mexico, Poland, and the UK

UAE remains the largest hub, followed by Saudi Arabia and Kuwait

ADP's annual flagship survey, People at Work 2024: A Global Workforce View, reveals that salary continues to be the most important factor for Indian workers surveyed in a job (55%)

If a company, be it in the public or private sector, has 10 or more employees working in its organisation, it must pay gratuity to its employees

It is yet to announce its fourth-quarter results. According to Elara Capital, the airline is expected to post an adjusted profit of Rs 2,060 crore in the fourth quarter of 2023-24

Celebrated on first Friday of each march in a year, the National Employee Appreciation Day is seeks to value the hardworks and commitment of employees towards the office

The simplification in PoP regulations is in line with the Union Budget 2023-24 announcement to review regulations to reduce the cost of compliance and enhance the ease of doing business

The waters are rising for firms whose earnings are not enough to repay debt

93% of GenZ employees said that they not only want to climb up the corporate ladder but also aspire to reach C-suite positions like chief executive officer and chief finance officer

The secretary also mentioned the use of software in Employees' State Insurance Corporation (ESIC) hospitals to detect and respond to occupational health issues

With Artificial Intelligence (AI) set to revamp India's recruitment landscape, 85 per cent of employers interviewed said they are expecting AI to create new jobs in 1-5 years, a report said on Thursday. Employers also believed that AI could improve the nature of employees' tasks (85 per cent) and improve job security and opportunities for career development for their employees (77 per cent), according to a report by global job site Indeed. A majority of jobseekers (63 per cent) also said that they were excited about the potential impact, with 53 per cent agreeing that AI is likely to create more jobs, it added. This report reveals that jobseekers are not only aware of the promise of AI but are also excited about its potential. It demonstrates that jobseekers are ready to embrace AI as a force for positive change in their careers. However, employers must work together to devise frameworks that allow the effective use of AI in order to facilitate technological advancement, Indeed Indi

E-recruitment activities in India declined 8 per cent in September as hiring stagnated with companies focusing on upskilling their existing employees, a report said on Tuesday. According to the 'Foundit Insights Tracker', e-recruitment activities in the country dipped 8 per cent in September compared to the year-ago period, while hiring declined by 2 per cent month-on-month. "India is experiencing a temporary hiatus in hiring as companies focus on upskilling their current employees to the changing landscape before hiring new talent. However, our economic prospects are bright and resilient against global headwinds," Sekhar Garisa CEO of Foundit, a Quess company, said. "The rise in real wages and disposable incomes is boosting demand, particularly in private health insurance, retail, and consumer durables," he said. Additionally, he said improved access to finance, infrastructure upgrades, green initiatives, and policy reforms further contribute to a favourable business environment t

Indian IT Services companies, Goldman Sachs said, have doubled their market share in the last 10 years to 6.2 per cent of the global IT spending in CY22

Insurance giant Marsh McLennan is expanding its team in the country, say senior executive of the group

The Ministry of Labor and Employment said in a release that around 24,886 new establishments have been registered under the ESIC for the month of May

Globally diversified natural resources company Vedanta on Friday said it has launched an inclusion policy for its transgender employees in an effort to promote inclusivity and diversity at workplace. As part of the comprehensive policy, Vedanta is extending additional medical benefits in terms of a 30-day gender reaffirmation leave and financial support of up to Rs 2 lakh for gender reaffirmation surgery, the company said in a statement. "At Vedanta, we are actively engaged in cultivating a culture that celebrates diversity, ensuring equal opportunities for all individuals. It gives me immense joy to announce the launch of our inclusion policy, which reflects our commitment to supporting transgender employees. "With this policy, we aim to create an environment that not only recognises the needs of transgender employees but also champions their well-being and personal growth," Vedanta Non-Executive Director and Hindustan Zinc Chairperson Priya Agarwal Hebbar said. In addition to the