Recession has affected almost all of the industries in India. Big 4 firms  despite their might have been having a tough time dealing with the recession. One chain of thought argues that big 4 firms should, to some extent, be sheltered from the current crisis. Their type of client, the large private and public multinational company, will invariably have a legal requirement...

Salary increases in India this year is projected to be the highest in the Asia Pacific region at 10.8%, according to HR consultancy firm ECA International. The firm released its latest salary trends survey findings on Tuesday. Even as almost a third of Asia Pacific-based companies surveyed plan to put salary increases on hold, and salaries in Japan, Taiwan, Hong Kong...

Salary cuts and layoffs may still be the easy way out for companies bogged down by short-term fears, but an increasing number of employers are investing in the present to hedge the future. Firms such as Maruti Suzuki, Max India Group, Dabur, LG Electronics, Ceat and Wockhardt Hospitals are initiating innovative employee reward and recognition schemes, announcing perks...

Sourced from Economic Times  Salary increase projections for 2009 in India have dipped to 8.2% from an actual increase of 13.3% in 2008. But it continues to be highest in the Asia Pacific region and among the highest globally. These findings were revealed by the 13annual ‘Salary Increase Survey’ conducted across 480 companies by Hewitt Associates, a global human...