Five in 10 organisations across industries are keeping their salary increment budgets unchanged, and around 36% of organisations have opted for decreasing the salary increment budgets, finds the KPMG in India’s COVID-19 HR Practices Survey Report titled ‘Cutting through Crisis. According to the survey, five in 10 companies have deferred or suspended their promotion schedule; […]
In an extraordinary measure to maintain the trust of its employees, French IT firm Capgemini, which employs nearly 1.2 lakh of its 2 lakh workforce in India, has offered high single digit increments to 70 per cent of its staff or 84,000 employees effective April 1....
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