Salary Hikes Fail To Keep Pace With Inflation | Indianomics | N18V | CNBC TV18

[@vishalbhadre178]

In IT, i saw around 3.3lpa levels by almost all listed IT companies during 2008, and recently I heard after 16 yrs they are still hiring at 4.5 lpa.

[@priyanka2988]

My lpa was 3.5 in 2010 and it’s still 3.5 in many companies…

[@imran4006]

And Narayan Murthy tells about working for 70 hours and for the Nation without increasing salary for last 10 years 😂😂

[@imran4006]

Government also reduced Corporate Tax to by 5% and this was also not passed to anyone except it went into the Pockets of CEOs😂

[@himanshuutube]

It's a shame on corporate india

[@josephchettupuzha8689]

Since 2009 minimum wages has not been increased. That's why this is called a banaya government. We common people are the "workers" destined to build a great (Egyptian like) culture and build the pyramids. All "Great" cultures has Pharaohs and Slaves. The slaves always get free grain/food so that the "pyrimids" can be built.

[@aviralsingh7158]

Hopefully more n more biz and national media picks this burning topic. Much insightful discussion

[@anilprasanna]

Shame on Infosys engineer salary of 25 thousand rupees per month. Same salary of 2005. Mandatory deduction towards wife Sudha charity was 250 in 2005. Today it is 800. Bisibelebath in Infosys food court was 12, today its 60. Dollar to rupee exchange rate was 30 but today its 85 directly profiteering Murthy. Despite all these favorable conditions, Murthy shamelessly asks for 70 hours work instead of tripling salaries in line with inflation or at least the dollar to rupee exchange rate. Common man in india has no other option than calling their USA clients and ask for direct employment kicking Infosys as commission agent out. With this they can pocket 100 dollars per hour in Boston instead of 1 dollar per hour in Bangalore. This explains 128 billion dollars remitted back to India from NRIs. When my relative died with cardiac arrest working 70 hours, Infosys did not even reimburse death certificate cost of 10 dollars and said they are not in the business of transporting dead bodies from USA to india. Shame to Corporate India who is even worse than British east india company or even Aurangazeb. 1 billioniare murthy enslaving a billion people is going to destroy India. India should get rid of murthy and his cronies.

[@benoeythomas3816]

If Petrol n Diesel price is reduced , automatically inflation will be down including food inflation like pulses, vegetables etc Govt shd focus on this rather look at reducing the Bank interest rate

[@deepakgeorge5871]

All due credit to Modi ji and Nirmala ji..😂😂

[@RuneRealmRPG]

this is due to corporate greed also

[@deepakgeorge5871]

@RuneRealmRPG enabled by 549 idi07$

[@AjayKumar-zd4wl]

As long as this government in power and with a finance minister who has no courage to face election there will be no escape for middle class. The politicians are getting everything free and paying zero tax. Hence they have no issues. Hope people of India realise it. People should stop buying unwanted things and giving GST

[@himanshuutube]

It is astonishing that a reliance channel is speaking against corporate

[@sunilkumarcheruvu]

Atleast the govt has acknowledged that the inflation is too high. The salary hike have been in single digits for a very long time and that has reduced a little bit, its more the real inflation which went into double digits even though its not acknowledged.

[@srinivasanpr1112]

i think these guys sit glass houses. they must try to engage semi skilled / unskilled labour to know the actual cost of labour of electrician, plumber, carpenter etc...

[@manishsheth2502]

Atleast in Mumbai.. skilled Informal sector workers like mason, plumber, carpenter, electrician etc. earn more then average formal sector worker. Also since its mostly in cash / upi, there is no taxation, add to that their wage which is daily and the increase is in line with inflation... ofcourse informal work is highly labour intensive and sometimes dusty.. hence less glamorous..

[@dineshmolavade4870]

Wage growth depends on employment generation, after corona many people lost their job and many workers felt that they could lose their job. In essence labour lost bargaining power so willing to work at lower wages. It is all because of low employment generation

[@redBreakfast]

Maybe if bribes are decreased, salaries can increase

[@mandarp9472]

Government should reduce GST rates, petrol & disel taxes.

[@shanmugch3960]

So many things are unexplained, 1. if salaries are growing slow how is It that Govt collected more personal taxes and also higher percentage than corporate taxes. 2. If corporates made 400% profits they share of corporate taxes would have been a big chunk and more percentage than personal taxes. 3. If consumption is shrinking which is observable due to high inflation, how is it that Govt is able to collect record GST collection. Many things are unclear in this whole story.

[@cooldharan]

Corporate taxes were reduced before few years and personal income tax cess was increased. It's just reflecting in the data

[@gopalakrishnant.v8869]

Inflation and only taxes move in tandem . Real increase in taxes is visible but increase in real income is negative .

[@AKKHUPAWAR]

Lower population, where are we now, no recommendation will work for such wast population.

[@manavmishra9071]

This report is absolutely correct❤

[@ssenthilnathan6650]

Its worse net of taxes

[@amritanshbaghel6386]

Private people getting taxes crazy, wages growing less than inflation and no gov services whatsoever in education and healthcare. So I am effectively earning less. Air flights to tier 2 cities more than 15k one way.

[@AshishThakur123]

What's wrong as they copy from sitaraman by not giving any rebate in income tax

[@sushmitamukherjee8502]

Solution - have kids❤❤

[@vishalpatil9462]

Narayan murty smiling in the corner

[@trinitypowers1]

Economic policies need a continuous balancing mechanism... irrespective of the party in power....its ideologies. Indian economists have miserably failed in balancing between osmosis and reverse osmosis... Moreover now a days all corporates including government is under pressure from share market phobia effectively created half a dozen share market channels...representing mainly minority investors community. Banks and cooperative banks much step in to fund corporates who don't put so much psychological pressure on corporates. In an effort to satisfy share market phobia corporates should at any cost importance of quality and wellbeing of HR....and customers.... vendors

[@chetannandanwar3244]

Infosys paid to 14000

[@ssenthilnathan6650]

Please talk about salary increase net of taxes

[@anujrana15893]

corporates want all the help from the tax payers money, but don't want to pay to those taxpayers. I ask one simple question that why we have all these corporates, countries and systems, isn't it for humans, so that they can live peacefully, we have just forgotten the very basic idea of doing and creating all this world

[@sravankumar3703]

Also give suggestions guide to people beat inflation.

[@gopakumarr6414]

Edit title: this is not applicable to senior management and ceos..

[@rajx7120]

Implement labour reforms to improve employment generation.

[@nikhilprithyani]

movie name?

[@mandarp9472]

Big threat is from AI, automation for service industry.

[@VBHVSAXENA82]

Random bull shit. Tax increasing YOY, no mention of this. Govt has to take blame

[@srinithin4894]

Eng/mfg is pathetic only core R&D is respectful

[@sravankumar3703]

You are media and you have power to present righr picture. Why dont you put industry corporate margins or profits next to wage of employees hikes in last 5 years

[@Vinodnarayanan-u1h]

Sorry no hike and no 8pay commission will come by the bjp govt 😮😮😮

[@Amitkumar-rg1mp]

Bakwas news...

[@gopinath_ravi]

Look what I found in Google //According to recent reports, salary hikes at Quess Corp have not kept pace with inflation, showing a compounded annual wage growth rate between 0.8% and 5.4% in India between 2019 and 2023, significantly lower than the inflation rate, meaning real income growth for employees has been stagnant or negative; /// 🤣🤣🤣🤣