'Personally, I have reached that stage where I think material things can't give you any satisfaction.'
Banking system liquidity will experience transient frictional tightness ahead of the payment of arrears
Most of the scanty 6.35% rise in the defence budget is accounted for by manpower and running expenses.
Snapdeal had rolled out a hike of 16 per cent and above for its top performers.
A sector-wise analysis of appraisal expectations reveals that the highest appraisal sentiment is being carried by professionals the banking, financial services and insurance and BPO/BPO/ITES sectors with over 35 per cent expecting over 20 per cent hikes.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
Employees of some top Indian companies were in for a pleasant surprise when they received a mail from their HR team announcing a hike in salaries and bonuses. Led by IT firms and start-ups, HR managers say that while some have offered cash and stock options, others are in a wait-and-watch mode and add the trend will pick up in other sectors. For example, IT giant Cognizant - which had an attrition rate of 19 per cent in the December quarter - has established a $30-million employee retention fund in order to bring down the high attrition rate.
The central contracts stand-off between Pakistan Cricket Board and top national players ended on Wednesday.
Despite partial restoration of salaries, pilots across airlines remain dissatisfied, throwing challenges for managers.
A piece of slightly negative news can cause a serious setback, warns Debashis Basu.
Raising social security pension amounts, increasing financial assistance given under the 'Rythu Bandhu' investment support scheme for farmers and providing LPG cylinders at Rs 400 each are some of the promises made by the ruling Bharat Rashtra Samiti for the upcoming assembly elections in Telangana.
The tough part about coaching is that you have to trouble the comfortable, and comfort the troubled, observes Sandeep Goyal.
'Instead of ACs, the government should do something to increase our salary.'
Rishi Piparaiya lists three simple steps to manage the impact of rising prices and protect your financial future
While Infosys said it would give an average rise of eight per cent to its employees in India, Wipro has announced an increment of six-eight per cent.
Squeezing growth prospects in IT services firms and higher compensation in technology centres run by global companies are the two factors driving this trend.
Much below expected 10-12%; experts say attrition might increase.
Infosys has been struggling to revive high growth for two years.
Fifty years ago today, December 25, 1972, Chakravarti Rajagopalachari, one of the titans of India's freedom struggle, passed into the ages. Kalki Krishnamurthy, who penned the Tamil classic Ponniyin Selvan among numerous other novels, describes his first glimpse of the man who would become an august national leader and his cherished role model.
Rajeev Mehta, chief executive for IT services, believes this is due to a few client-specific issues, saying the overall business environment continues to look good.
Indian companies are expected to give an average 11 per cent salary hike this fiscal as firms increase their strategic spending, says a survey.
Experts expect a net loss of Rs 26.7 billion for IndiGo and Rs 10.1 billion for SpiceJet in Q1FY21 driven by low traffic volume, low fleet utilisation and poor coverage of fixed costs.
However, the remuneration of Puri and Kochhar are not strictly comparable as the two banks follow different accounting practices.
Increments in 2017 would be less than in 2016, says survey.
There shall be two dates for grant of increment - January 1 and July 1 every year
The central government employees may get increment in their salaries on the basis of their performance as the Sixth Pay Commission is looking into the possibility of adding productivity-linked incentives to their overall income.
Senior professionals are likely to get increments in the range of 6-15 per cent in the annual appraisal cycle this year.
'Markets are factoring in a good show by India Inc in Q2.'
The increases are expected to be in the 8 to 12 per cent range, which do not compare too badly with the 13 to 15 per cent increments of pre-slowdown years such as 2007-08.
Sectors like infrastructure could see average salary hike of as high as 16 per cent, but the increments could be lower at 5 per cent in a few segments like aviation and textiles.
Tax expert Anil Rego answers readers' questions about how Finance Minister Piyush Goyal's Budget affects you.
The officer had also shared a number of posts that "indicated his active involvement in political activities".
Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.
Just about 54 per cent of employers predict fresh job creation in the second half of this year whereas the same sentiment was shared by 68 per cent entities at the start of 2013, while salary hikes too are expected to be on the lower side, said the survey.
The name of former Miss Hong Kong Li Jiaxin means 'pay rise' in Chinese.
Many firms have asked those joining on April 1 to delay their on-boarding by 2-3 months. The outlook for the airline, tourism, hotel, and media industries is bleak too.
Not every sector is going to grow equally this year. Here's a forecast of the jobs scene.
HR Guru Mayank Rautela offers practical advice.
Based on our extensive research, interactions with experts and HR professional, we present the salary outlook for eight sectors across junior, middle and senior levels.
