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Krispy Kreme to pay over $1.1 million in back wages

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Krispy Kreme Doughnut Corp. has agreed to pay $1,187,757 in back wages and liquidated damages to 516 workers to resolve overtime violations in multiple...

Jet Airways Cuts Salaries, Sends Several Employees On Leave Without Pay

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An Indian airline, Jet Airways has decided to send about 60 percent of its employees to leave without pay (LWP) from December 1 for...

Infosys to roll out 65% variable pay for Q2

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India’s second-largest IT major, Infosys announced that its employees will be receiving 65 percent variable pay for the July - September quarter of FY23. According to...

Former HCL CEO says moonlighting in IT industry due to Less...

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Moonlighting is a kind of practice when someone is taking up a second job during or outside the normal business hours of primary employment. However, in...

Wipro rolls out 100% variable pay for Q2 along with Nov’s...

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India’s IT services provider company, Wipro rolls out 100 percent variable pay along with November’s payroll. A Wipro spokesperson said in a statement, “We will continue...

Infosys rolls out 60% variable pay for BPM employees

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The business process management subsidiary of Infosys Ltd., Infosys BPM (business process management) has announced that the average variable payout for its employees is...

Infosys confirms 10-13% salary hike, embarks on wage cost battle

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According to a mint report, an Indian multinational information technology company, Infosys Ltd has confirmed the salary hike for employees. The increments depend on an...

Cognizant rolls out 7-10% salary hikes for employees

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An American multinational information technology services and consulting company, Cognizant has announced that the company is rolling out annual salary hikes for employees ranging between...

Salaries expected to restore to pre-pandemic level

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According to TeamLease HRTech CEO Sumit Sabharwal, It is expected that certain sectors will restore salaries to the pre-pandemic mark. The salary is expected to...

Biz2Credit offers BMW bikes, iPad Air, 40X bonus to employees

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Hard work pays off, and Biz2Credit, a provider of an online marketplace for small business funding, turned this phrase into a grand reality! At...
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