India’s salaries are projected to increase by 9.5% in 2025, led by the engineering and manufacturing sectors, according to Aon’s latest salary report. Explore wage growth trends across industries, including construction, retail, and financial services.
Ahead of the Assembly elections in Assam, the BJP-led state government on Saturday increased the daily wages of scores of tea garden workers from Rs 167 to Rs 217 per day, officials said.
In order to quell the situation, the Indian Banks' Association (IBA) had raised its wage hike offer to 8 per cent from 6 per cent a day earlier.
The Dak Sevaks who were earlier getting Rs 2,295 per month would now get Rs 10,000 per month and those getting Rs 4,115 will now get Rs 14,500 per month.
Wage increases in small, but regular increments are the most effective way to motivate employees in the long run.
The issue of wage revision at IDBI Bank, pending since Nov 2012, was discussed at a joint meeting of unions which decided on the all-India strike in December.
New Delhi: Bank employee union Saturday said they may go for a four-day strike from Feb 25 followed by an indefinite strike mid March onwards unless their demand for wage hike is met."When the entire
Mumbai, Sep 26: The steep wage hike announced by the largest automaker Maruti SuzukiBSE -0.52 % will not have significant impact on the bottomline, a top company official said here today.The company yesterday had announced
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