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1 min read

IndiGo rolls back salary cut in April at government's request

"However, your Excom (Executive Committee) members and SVPs (senior vice presidents) have volunt…

PTI   


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2 mins read

A law firm that boasts of being the 'most-feared' in the world is boosting pay for newly qualified London lawyers to $225,500

The global law firm has announced that young lawyers will be paid $225, 500. The 18% increase comes…

Polly Thompson   


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3 mins read

A flurry of new rules from the Biden administration attempt to ban noncompetes, boost overtime pay, and increase refunds for delayed flights

The Biden administration introduced new rules aiming to hand some power back to workers, but busine…

Juliana Kaplan   


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1 min read

Tim Cook has arrived in Vietnam for a two-day trip, as Apple boosts ties with its key manufacturing hub

Vietnamese manufacturing has been important for Apple as it moves away from dependence on China.

Alexandra Bacon   


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3 mins read

The skies are clearer for IndiGo stock to surge further as Go First’s troubles mount

India’s largest airline InterGlobe Aviation (IndiGo) has a lot to cheer if its peer Go First fails …

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2 mins read

Walmart is boosting store managers' average pay to $128,000 and offering a bigger bonus

Walmart said Thursday it will increase salaries for US store managers, bringing the average from $1…

Dominick Reuter   


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5 mins read

Go First Impact: Market capitalisation of 3 PSU Banks down by ₹7,500 crore as investors fret over their exposure to ailing airline

Low-cost airline Go First’s insolvency proceedings have plunged shares of Central Bank of India, Ba…

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2 mins read

IndiGo announces second round of deeper pay cuts after 10% of the employees were laid off

IndiGo announced the second round of deeper pay cuts for employees as pessimism around the travel i…

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2 mins read

Big Four giant PwC is spending $316 million on increasing pay, and boosting starter salaries 10%, to help employees fight the cost of living crisis

"As a business and an employer we can't ignore market pressures," Kevin Ellis, chairman and senior …

Stephen Jones   


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4 mins read

IndiGo plans flights to Nairobi, Jakarta, some central Asian destinations: CEO Pieter Elbers

The country's largest airline IndiGo, which is "back with a bang", is looking to start flights to N…

PTI   


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5 mins read

India inc. set to offer average salary hikes of at least 10.4% in 2023, says Aon

Indian companies to increase the salaries of its employees by at least 10.4% on average in 2023.The…

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2 mins read

After GoAir and SpiceJet, IndiGo cuts salaries for employees ⁠— CEO says there was ‘no other option’

Airlines have been the worst-hit by the Coronavirus pandemic as both domestic and international tra…

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4 mins read

I give all my employees August off on full pay. Here's how it works and why it's boosted productivity.

Everyone at Jo Hunter's social enterprise takes the entire month of August off but still gets paid.…

Polly Thompson   


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2 mins read

IndiGo's cost cutting continues, employees to go on additional leave without pay days

The company’s email also said that there will be a salary revision for under training transi…

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2 mins read

New hires are getting salary raises after just weeks on the job as companies give in to cost-of-living-based pay increases, report says

Companies big and small are accounting for soaring inflation in their pay raises, The Wall Street J…

Zac Wang   


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2 mins read

No layoffs, Asian Paints will give salary increments to boost employees morale

At a time when a lot of employees are being handed out pink slips, Asian Paints is raising staff sa…

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2 mins read

10 Things in Tech: Apple Vision Pro, Big Tech's big AI salaries, and Marc Andreessen's plan to save the world

In today's edition: reactions to Apple's new AR/VR headset, Big Tech's big AI salaries, and Marc An…

Nathan Rennolds   


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2 mins read

Indigo, SpiceJet stocks takeoff as regular international flights to resume after two years

Scheduled international flight services were suspended in March 2020 due to the pandemic. Howeve…

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2 mins read

After IndiGo and GoAir, Spicejet cuts employee pay between 10-30%, which includes its chairman

Airlines are the worst hit as a result of the Coronavirus pandemic as both domestic and internation…

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3 mins read

Indigo cuts employee salary by 25% after GoAir asks them to go on unpaid leave

This pay cut also applies to CEO Ronojoy Dutta due to ‘precipitous drop in revenues’. The de…