TCS is set to implement salary hikes for its employees, with Indian staff expecting a 7-8% increase and international workers anticipating a 2-4% raise. Exceptional performers may see a rise of 12–15%.
Companies doled out an average salary increment of 3.6 per cent in the current fiscal compared to 8.6 per cent in the previous financial year amid the coronavirus pandemic, according to a survey.
The Central government on Monday extended the dates for initiation and completion of its employees’ annual performance appraisal reports (APARs) due to coronavirus pandemic, according to a Personnel Ministry order.
Besides, the lending major said it will look on a quarterly basis on whatever internal accruals can be generated -- through recovery, more efficient risk management, more business generation and more cross selling.
The country's third largest software services firm Wipro has sacked hundreds of employees following its annual "performance appraisal".
New Delhi: In a damning indictment, the CAG has said Oil Ministry and its technical arm DGH approved notification of now flagging gas discoveries in Reliance Industries' KG-D6 block despite the company not doing enough
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