New Delhi: Employees in some sectors will have a Happy Diwali. Seeing an improvement in performance and business sentiment, automobile, information technology, financial services and fast-moving consumer goods (FMCG) companies are handing out hikes, bonuses and promotions, according to HR heads and compensation expert Aon. Many had stalled promotions and hikes after the pandemic struck earlier this year, while others fired workers or cut pay. 员工在某些领域将有一个快乐的排灯节。看到的改善性能和商业景气,汽车、信息技术、金融服务和快速消费品(FMCG)公司发放上涨,奖金和晋升,根据人力资源专家怡安头和补偿。 新德里:员工在某些领域将有一个快乐的排灯节。看到的改善性能和商业景气,汽车、信息技术、金融服务和快速消费品(FMCG)公司发放上涨,奖金和晋升,根据人力资源专家怡安头和补偿。大流行发生后许多人停滞促销和提高今年早些时候,当别人解雇工人或削减工资。
“Some companies in the auto industry<\/a>, FMCG, engineering, IT services and financial services have done increases as late as October and this is in the range of 6-7%,” said Roopank Chaudhary, partner at Aon. More than a dozen companies, half in the financial services domain, handed out hikes in the last few months, according to Chaudhary, who said he couldn’t disclose their names due to client confidentiality.
ET reached out to companies such as Dabur<\/a>, Schneider Electric and PepsiCo<\/a> India that have recently given promotions and hiked salaries. Deloitte India paid out the performance based salary component in September while Kotak Mahindra Bank announced promotions and bonuses recently.
Schneider Electric gave out hikes in October. “At Schneider Electric, bonus as well as salary hikes were shared,” said Rachna Mukherjee, CHRO for India & South Asia.
PepsiCo<\/a> India paid incentives and bonuses to frontline employees in September, besides promoting staff. It had given out incentives in March as well.
“While promotions were paused for one quarter, the company restarted the same in September 2020 and had high double-digit promotions across the organisation,” said Pavitra Singh, CHRO, PepsiCo India. “We shall continue to follow the due performance appraisal process ahead as well.”
Whirlpool<\/a> promoted employees and raised pay for a section of employees recently. “This is in addition to the normal hikes and promotions for the year in early March that occurred before the pandemic,” said Sarthak Raychaudhuri, vice president, HR, Asia.
Deloitte India, which announced promotions in early June, handed out performance-based pay in September. “Since we’re evolving into a more performance-based compensation structure, professionals (irrespective of promotions) were also eligible for a commensurate performance pay, which they received in full, in September,” said SV Nathan, chief talent officer, Deloitte India.
Kotak Mahindra restored cuts to the salaries of employees earning more than ₹25 lakh annually in October. “Employees have also received promotions and bonuses as per the annual appraisal cycle,” said Sukhjit Pasricha, president and group chief human resource officer, Kotak Mahindra Bank.
Axis Bank<\/a> has raised salaries by as much as 12% for its staff of more than 75,000 and given yearly bonuses. “The hikes were applicable from October 1,” said Rajkamal Vempati, executive vice president and head of HR. “The hikes ranged from 4% to 12% as per individual performances.”
Many IT firms also recently announced hikes, including TCS and Wipro.
“The salary increase will be across all bands, and it will be similar to what we have done in the past,” said Milind Lakkad, executive vice president and CHRO, TCS.
Others like Tech Mahindra<\/a>, Mindtree and Titan are planning hikes early next year. “We, at Tech Mahindra<\/a>, have decided to roll out hikes in early 2021,” said Harshvendra Soin, global chief people officer and head of marketing. “However, the quantum of hike has not yet been decided.”
The pandemic forced Titan to hold promotion discussions in August, instead of April. “Salary increases related to promotions were given recently,” said Raj Narayan, CHRO, Titan Industries. The company has not raised pay this year.
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印度公司淋浴人员提高&促销
“一些公司的汽车行业、快速消费品、工程、IT服务和金融服务做了增加直到10月这是在6 - 7%的范围,“怡安的合伙人Roopank Chaudhary说。十多个公司,一半在金融服务领域,分发上涨在过去的几个月里,Chaudhary,说他不能透露他们的名字由于客户保密。
施耐德电气在10月份上调了。“在施耐德电气,奖金和工资上涨是共享的,“Rachna穆克吉表示,印度CHRO &南亚。
百事可乐印度9月奖金激励和前线员工,除了促进员工。3月份已经给出了激励。
“虽然促销活动暂停了一个季度,该公司重新启动相同的2020年9月,高两位数的跨组织促销活动,“Pavitra辛格说,印度CHRO、百事可乐。“我们应继续遵循由于绩效考核过程之前。”
惠而浦促进员工和最近提高了支付的部分员工。“这是除了正常的上涨和促销活动今年3月初发生大流行之前,“说Sarthak Raychaudhuri,副总裁,人力资源,亚洲。
德勤印度促销6月初公布,9月发放绩效工资。“因为我们进化成更基于绩效的薪酬结构,专业人士(无论促销)也有资格获得相应绩效薪酬,他们收到全额,9月,“SV内森说,首席人才官德勤印度。
Kotak Mahindra恢复削减员工的工资收入超过₹10月25每年十万的。“员工也获得晋升和奖金按照年度考核周期,“Pasricha Sukhjit说,总裁和集团首席人力资源官,Kotak Mahindra银行。
Axis银行已经提高了工人工资高达12%的员工超过75000,年度奖金。从10月1日“上涨是适用的,”说Rajkamal Vempati,执行副总裁兼人力资源主管。“提高范围从4%到12%按个人表演。”
许多IT公司最近还宣布加息,包括TCS和Wipro。
“加薪将所有乐队,它将类似于我们所做的在过去,“说Milind Lakkad,执行副总裁兼CHRO, TCS。
其他类似科技马辛德拉,明年年初Mindtree和泰坦计划上调。“我们,科技马辛德拉决定推出上涨在2021年初,“Harshvendra参与说,全球人们总监和市场部负责人。“然而,徒步的量子尚未决定。”
大流行迫使泰坦在8月举行促销的讨论,而不是4月。“加薪与升职了最近,“Raj Narayan说CHRO,泰坦工业。今年公司并未增加支付。
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New Delhi: Employees in some sectors will have a Happy Diwali. Seeing an improvement in performance and business sentiment, automobile, information technology, financial services and fast-moving consumer goods (FMCG) companies are handing out hikes, bonuses and promotions, according to HR heads and compensation expert Aon. Many had stalled promotions and hikes after the pandemic struck earlier this year, while others fired workers or cut pay.
“Some companies in the auto industry<\/a>, FMCG, engineering, IT services and financial services have done increases as late as October and this is in the range of 6-7%,” said Roopank Chaudhary, partner at Aon. More than a dozen companies, half in the financial services domain, handed out hikes in the last few months, according to Chaudhary, who said he couldn’t disclose their names due to client confidentiality.
ET reached out to companies such as Dabur<\/a>, Schneider Electric and PepsiCo<\/a> India that have recently given promotions and hiked salaries. Deloitte India paid out the performance based salary component in September while Kotak Mahindra Bank announced promotions and bonuses recently.
Schneider Electric gave out hikes in October. “At Schneider Electric, bonus as well as salary hikes were shared,” said Rachna Mukherjee, CHRO for India & South Asia.
PepsiCo<\/a> India paid incentives and bonuses to frontline employees in September, besides promoting staff. It had given out incentives in March as well.
“While promotions were paused for one quarter, the company restarted the same in September 2020 and had high double-digit promotions across the organisation,” said Pavitra Singh, CHRO, PepsiCo India. “We shall continue to follow the due performance appraisal process ahead as well.”
Whirlpool<\/a> promoted employees and raised pay for a section of employees recently. “This is in addition to the normal hikes and promotions for the year in early March that occurred before the pandemic,” said Sarthak Raychaudhuri, vice president, HR, Asia.
Deloitte India, which announced promotions in early June, handed out performance-based pay in September. “Since we’re evolving into a more performance-based compensation structure, professionals (irrespective of promotions) were also eligible for a commensurate performance pay, which they received in full, in September,” said SV Nathan, chief talent officer, Deloitte India.
Kotak Mahindra restored cuts to the salaries of employees earning more than ₹25 lakh annually in October. “Employees have also received promotions and bonuses as per the annual appraisal cycle,” said Sukhjit Pasricha, president and group chief human resource officer, Kotak Mahindra Bank.
Axis Bank<\/a> has raised salaries by as much as 12% for its staff of more than 75,000 and given yearly bonuses. “The hikes were applicable from October 1,” said Rajkamal Vempati, executive vice president and head of HR. “The hikes ranged from 4% to 12% as per individual performances.”
Many IT firms also recently announced hikes, including TCS and Wipro.
“The salary increase will be across all bands, and it will be similar to what we have done in the past,” said Milind Lakkad, executive vice president and CHRO, TCS.
Others like Tech Mahindra<\/a>, Mindtree and Titan are planning hikes early next year. “We, at Tech Mahindra<\/a>, have decided to roll out hikes in early 2021,” said Harshvendra Soin, global chief people officer and head of marketing. “However, the quantum of hike has not yet been decided.”
The pandemic forced Titan to hold promotion discussions in August, instead of April. “Salary increases related to promotions were given recently,” said Raj Narayan, CHRO, Titan Industries. The company has not raised pay this year.
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