Articles for Compensation and Benefits

Women Soldiers, Officers To Get Same Maternity, Child Care Leave: Defence Minister

Defence minister Rajnath Singh has approved a proposal to extend the rules for maternity, child care and child adoption leaves for women in the armed forces to match those for officers

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HEC Employees To Receive 2 Months' Salary As Diwali Bonus

BJP leader Vinay Jaiswal urged the Ministry of Heavy Industries to grant a three-month salary in light of Diwali and Chhath. However, an agreement for a two-month salary has been reached

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Uber & Lyft To Pay $328 Million To Settle Wage Theft

The settlements end investigations into the companies unfairly charging drivers sales taxes and other expenses that should have been paid by customers

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Hero MotoCorp's Pawan Munjal Takes 20% Salary Cut

Executive Chairman Pawan Munjal received Rs 99.6 crore in total salary in FY23, an increase of 18%

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Companies In India Anticipate Salary Increase By 9.8% In 2024

Being an emerging market, salary increases in India continue to be the highest across Asia Pacific (APAC). The 2024 salary increase for Vietnam is projected at 8%, followed by China at 6%, Philippines at 5.7% and Thailand at 5%

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EPFO Trustee Board Meets To Discuss On Higher Pension Option

The EPFO had granted employers extension until 31 December to upload wage details for employees who choose the higher pension option. It is yet to complete the actuarial analysis of the increased pension

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X Offers Employee Stock Options Valuing The Company At $19 Billion

The staff at X were granted shares in the company on Monday at a price of $19 billion or $45 per share. The price is a 55% discount to Musk's original purchase price

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KSRTC Hikes Employees' Family Welfare Relief To Rs 10 Lakh

Employees will contribute Rs 200 per month instead of Rs 100, while the corporation will boost its contribution from Rs 50 to Rs 100 on behalf of each employee, effective 1 November

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