Last Updated:January 22, 2025, 10:41 IST As the 8th Pay Commission has been announced, explore the journey of salary hikes for central government employees in India, from the 1st to the 7th Pay Commission — implementation years, minimum salaries, and key recommendations. The current 7th Pay Commission recommended removal of Pay Band and Grade Pay … Read more
New Delhi: Automakers have taken the lead in salary increases among all sectors in India, handing out double-digit hikes to their employees for fiscal 2024 amid a robust growth in sales, a Deloitte survey shows. “Automotive OEMs are projecting the highest salary increments across all sectors in 2024, which is 100-140 basis points (or, 1-1.4 … Read more
New Delhi: India Inc is likely to give employees an average salary hike of 9.5% in 2024, marginally lower than 9.7% in 2023, according to Aon, a global professional services firm. Three in four companies are likely to give a pay increase of more than 9% this year, according to Aon’s projections based on data … Read more
