Salary Increments News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Akshay Saini, an engineer from Dehradun, has gained attention for his frank views on achieving higher salaries during the busy appraisal season in Indian companies. He emphasizes that job switching is often the best way to increase income significantly, citing dissatisfaction with internal appraisals and promotions. Saini's straightforward advice to those feeling underpaid is to switch jobs without hesitation.

IT companies' cumulative wage cost rose by Rs 18,036 crore in the fiscal year. Experts said this was due to continuity in lateral hiring in high-demand areas such as AI, machine learning, and cloud and engineering services, coupled with the salary increments, even though they are in the lower single digits.

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The Public Service Union (PSU) has put the management of the Argyle International Airport (AIA) on notice that if outstanding payments are not settled by mid-April, industrial action will follow.

The survey, conducted by HR consulting firm Mercer, covered 1474 companies, and over 6000 job roles.