Compensation News - Latest Updates & Headlines
Intel's new CEO Lip-Bu Tan to receive $69 million compensation package
New Delhi, March 15: Intel Corp.'s newly appointed CEO, Lip-Bu Tan, will receive a compensation package valued at approximately $69 million as he steps into his role on March 18.
Samsung pays highest salaries to outside directors: Data
Seoul, March 12: Samsung ranked first in average salaries for outside directors among major listed companies in South Korea last year, a corporate tracker here said on Wednesday.
Northern businesses offered compensations for employees missing work due to war
Tel Aviv, March 10: Starting on Monday, business owners from communities evacuated due to the war, business owners in the northern confrontation line area, business owners in the northern Golan Heights defence area, and business owners in additional communities that appear on a list published on the Israel Tax Authority website, will be able to file a claim for compensation in the salary track for the months of November-December 2024.
Rs 1,333.62 crore aid given to farmers for crop loss in 2024: Gujarat Minister
Gandhinagar, March 7: The Gujarat government has provided Rs 1,333.62 crore in assistance to farmers affected by crop damage in 2024 under the State Disaster Response Fund (SDRF). Over the past five years, a total of Rs 7,802.4 crore has been allocated, with Rs 5,852.8 crore contributed by the central government (75 per cent) and Rs 1,949.6 crore by the state government (25 per cent).
TN hikes compensation to owners of mechanised boats seized by Sri Lankan Navy
Chennai, March 4: The Tamil Nadu government has announced an increase in compensation for owners of mechanized boats seized by the Sri Lankan Navy. The compensation will be raised from Rs 6 lakh to Rs 8 lakh per boat, as per an order issued by Chief Minister M.K.
'Kshtipurti' Portal opened on instructions of Haryana CM Nayab Singh Saini
New Delhi, March 3: In line with the directions of Chief Minister Nayab Singh Saini, 'Kshtipurti' portal has been opened to facilitate farmers in uploading information regarding the crop loss caused by recent unseasonal rains and hailstorms, said a press statement.
Kerala Govt announces Rs 10 lakh aid for family of farmer killed in wild boar attack
Kannur, March 2: The Kerala Forest and Wildlife Department has announced financial assistance of Rs 10 lakh for the family of a farmer, who was fatally attacked by a wild boar in the Patyam Muthiyanga field, the Kerala government's Public Relations Department said in a statement on Sunday.
MK Stalin announces compensation of Rs 5 lakh for electrocution victim families
Chennai, March 1 : Tamil Nadu Chief Minister M.K. Stalin has announced a compensation of Rs.5 lakh each to the families of four people who lost their lives due to electrocution in Inayam Puthenthurai, Kanyakumari district.
SC declines to hear petition claiming higher toll in New Delhi Railway Station stampede
New Delhi, Feb 28: The Supreme Court on Friday turned away a petitioner who, citing video footage and visuals related to the February 15 night stampede at the New Delhi Railway Station, claimed that the death toll had been suppressed by the authorities, thereby, denying ex-gratia to families of many victims.
Over 7 in 10 Indian professionals expect salary growth, 20 pc sees no change: Report
Bengaluru, Feb 27: More than seven in 10 (77 per cent) of professionals in India anticipate significant salary growth in their industry, while 20 per cent expect no change and only 3 per cent foresee a decline, a report showed on Thursday.
Priyanka Gandhi urges Kerala CM Vijayan to release funds for compensating families of victims of human-wildlife conflicts
Wayanad, February 22: Congress leader and Wayanad MP Priyanka Gandhi wrote to Kerala Chief Minister Pinarayi Vijayan, highlighting the delays in compensating families of victims of human-wildlife conflicts. Her letter was based on heartfelt petitions received from the relatives of the deceased.
Salaries in India to increase by 9.2 pc in 2025, manufacturing and GCCs lead
New Delhi, Feb 19: Salaries in India are projected to rise by 9.2 per cent in 2025, and manufacturing sector and global capability centres (GCCs) are likely to have the highest pay increases, according to a new report on Wednesday.
Nearly 61 pc CFOs plan to hike average employee compensation this year
New Delhi, Feb 15: About 61 per cent of CFOs globally are planning to increase average employee compensation this year, compared to 71 per cent in 2024 and 86 per cent in 2023.
HC summons Bengal Home Secy over govt's 'non-cooperation' with panel on chit funds
Kolkata, Feb 13: The Calcutta High Court on Thursday summoned West Bengal Home Secretary Nandini Chakraborty to be present in the court next week and clarify the state government's points in a case related to the state's alleged non-cooperation with a committee formed to ensure compensation for the victims losing money after investing in the deposit schemes of chit fund entities in the state.
Maharashtra CM Fadnavis announces Rs 5 lakh financial assistance to kin of those killed in Bhandara factory blast
Mumbai, January 24: Maharashtra Chief Minister Devendra Fadnavis has announced financial assistance of Rs 5 lakh to the families of those who lost their lives in the ordnance factory blast in Bhandara district on Friday.
Resolution process of JC Mill in final stage, says CM Mohan Yadav
Bhopal, Jan 22: The process to ensure the payment of dues to nearly 8,000 workers of the defunct JC Mill in Madhya Pradesh's Gwalior has reached the final stage, the government has said in a statement.
NGT issues notice to Haryana Pollution Board over Rs 1.55 cr penalty on Freedom Park Society for STP fault
New Delhi, January 18: The National Green Tribunal (NGT) has issued notice to the Haryana State Pollution Control Board (HSPCB) in an appeal filed by the Freedom Park Society, Gurugram, challenging the penalty of Rs 1.55 crore imposed as Environmental Compensation (EC) for fault in Sewerage Treatment Plant (STP).
Kerala facing financial difficulties due to absence of GST compensation: Governor Rajendra Arlekar in policy address
Thiruvananthapuram, January 17: The 13th session of the 15th Kerala Legislative Assembly session began on Friday with Governor Rajendra Arlekar's maiden policy address. The governor highlighted that the state government is facing financial difficulties due to the absence of GST compensation and reduced grants.
Odisha CM Mohan Majhi announces Rs 291.59 cr aid for farmers affected by unseasonal rain
Bhubaneswar, January 3: Odisha Chief Minister Mohan Charan Majhi announced on Friday that the state government has allocated Rs 291.59 crore in financial assistance for farmers affected by recent land damage across 16 districts near coastal areas.