"The bonus rolled out to the sales/operations teams for Diwali may not get impacted given the nature or structure of these awards, but the annual bonuses will take into account the muted sales in many sectors," said Anandorup Ghose, partner at consulting firm Deloitte India and an adviser on rewards and compensation structure. "The overall consumer sector has had a toned-down Q2 and the bonuses that come in at the end of the year may be lower than the past few years."
Bonuses are paid at various stages to employees. One tranche, part of the salary structure, may come during the festive season, followed by the rest at the end of the fiscal.
This story is from the November 06, 2024 edition of Hindustan Times.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the November 06, 2024 edition of Hindustan Times.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Zelensky condemns Russian ‘inhumane' Christmas assault
Ukrainian President Volodymyr Zelensky, on Wednesday, denounced an \"inhumane\" attack from Russia, which launched over 170 missiles and drones on his war-torn country's power grid on Christmas Day, killing an energy worker.
Highway fire toll climbs to 18 with 3 more deaths
The toll in the LPG tanker-truck collision, which took place on the Jaipur-Ajmer highway on December 20, rose to 18 as three more people succumbed to injuries at Sawai Man Singh (SMS) Hospital in Jaipur on Wednesday, police officers aware of the matter said.
Punjabi Bagh flyover set to open Friday
Chief minister Atishi is likely to inaugurate on Friday the six-lane Club Road flyover in Punjabi Bagh, officials from Public Works Department (PWD) said.
CELEBRATING 26 YEARS OF EXCELLENCE: MERAKI 2024 BY IWP ACADEMY SHINES BRIGHT
Meraki 2024, the flagship annual event by IWP Academy (under KLGR Educational Society), served as a premier talent showcase, providing students with a dynamic platform to exhibit their skills and build confidence
'Pakistan airstrikes killed at least 46 in Afghanistan'
Pakistan's airstrikes on eastern Afghanistan killed 46 people, mostly women and children, a Taliban government official said, on Wednesday, raising fears of further straining the relations between the two neighbours.
Like father, like daughter: IAF recruit to train as pilot at airbase once commanded by her dad
The daughter of one of the country's top fighter pilots has joined the Indian Air Force's fighter stream, and will soon head for further training at a premier airbase in the eastern sector that was earlier commanded by her father, a serving air commodore - a rare occurrence in the air force that opened the fighter stream to women only eight years ago, officials aware of the matter said on Wednesday.
GOVT STARTS TALKS WITH RBI TO EASE PF WITHDRAWALS
The Union labour ministry has begun discussions with the Reserve Bank of India (RBI) and other banks on rolling out new services for subscribers of the Employees' Provident Fund Organisation (EPFO), such as direct access to savings deposits through ATMs and e-wallets linked to bank accounts, an official said, requesting anonymity.
Dozens survive as plane with 67 on board crashes
An Azerbaijan Airlines passenger plane crashed on Wednesday in western Kazakhstan, killing at least 38 of the 67 people on board, officials said, adding that the 29 survivors were receiving treatment at a medical facility.
Agencies planning to arrest Atishi in a false case: Kejriwal
Aam Aadmi Party (AAP) national convener Arvind Kejriwal on Wednesday said that central investigation agencies were planning to arrest Delhi chief minister Atishi \"in the next few days in a false case related to transport department\" at the behest of the Bharatiya Janata Party.
Modi kicks off ambitious Ken-Betwa river project
Prime Minister Narendra Modi on Wednesday laid the foundation stone of the interstate Ken-Betwa river linking project to channel excess water from the Ken river in Madhya Pradesh into the Betwa, saying the long-awaited linkage will open new doors of prosperity in the Bundelkhand region.
