Latest Salary Hike HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Salary Hike.
The IT major, Infosys had earlier deferred the salary hikes of their employees and it was expected t...
According to the reports of WTWs latest Salary Budget Planning, It is expected that the median sala...
According to WTWs latest Salary Budget Planning Report, the median salary hike in India is forecast...
An Indian multinational information technology company, Infosys to roll out wage hikes for employees from November 1. The company will skip campus hiring this year as it has a ‘way to go’ on utilization. However, it is monitoring the situation every quarter. Infosys Nilanjan Roy, Chief Financial Officer (CFO) said, “Wage hikes are announced and will […]
An Irish-American professional services company, Accenture will not hike salaries for Indian and Sri Lankan employees for fiscal year 2023. Accenture is also postponing promotions across senior management until June 2024. The company experienced a macro environment which was more challenging than anticipated at the beginning of FY23. As reported by the Economic Times, In an […]
An Indian multinational corporation that provides information technology, Wipro to roll out merit salary increases, effective by December 1. As per the reports of The Economic Times an email to employees from Chief Human Resources Officer Saurabh Govil said, “Despite the current challenging and uncertain global market conditions, we are pleased to announce that our […]
An Indian online food ordering and delivery platform, Swiggy delivery team is on indefinite strike as they are seeking pay hike. The strike was started on October 8 and has since then affected the services of Swiggy in the Mumbai region. Meanwhile, Zomato’s services haven’t been impacted yet by the strike. One User said, “If you’ve been […]
An Indian multinational corporation, Wipro to roll out salary hikes in the October-December quarter, an average increase is expected at 6%-8%. According to Times of India, it is expected that the top performers at the organization will receive a salary hike in double-digit. Earlier, Wipro had postponed the salary hike of its employees to the […]
The employees who are working with IT companies are experiencing a mixed bag of salary increments. Most IT services-providing companies have announced Nil/less salary increments or deferred salary hikes due to economic uncertainties. Among the top IT companies in India, only TCS has rolled the salary increment for its employees of 12-15 percent. Here is […]
Most IT services-providing companies have announced Nil/less salary increments or deferred salary hikes due to economic uncertainties. Also, Major tech companies are delaying the salary hike for employees exponentially. The move of salary delay is part of a larger trend of tech companies as investors become increasingly fearful of a recession. Moreover, Tech companies are […]
An Indian multinational information technology services and consulting company, LTIMindtree rolled out very poor increments for its employees, many have received a 0-2% hike even after months of delay. Major tech companies are delaying the salary hike for employees exponentially due to economic uncertainties. The move of salary delay is part of a larger trend of […]
The 2nd largest tea brand globally, Tetley will be increasing the salary of employees by 7% salary. The raise will be effective from 1 April 2023. This will benefit roughly 200 employees working for Tata Consumer Products, the manufacturer of Tetley goods for Canada and the UK. Other Companies Salary Increase / Announcements Tech Mahindra […]
An Indian multinational corporation providing information technology, consultant, and business process services, Wipro CHRO said that there will be no more hiring with 30% hike. Due to the current market situation of economic slowdown and lower hiring environment, the company’s Chief Human Resources Officer Saurabh Govil said that IT professionals should focus on upskilling. Wipro […]
The Indian startup employees got an average salary increment of 8 to 12 percent in 2022-2023. Dipesh Jain, AVP – Talent, Elevation Capital said, “The shift in the market situation has led to a correction in salaries, though largely at the leadership level.” “Interestingly, on the other hand, job seekers are willing to wait longer […]
Earlier reports in February said that an American multinational corporation and technology company Intel Corp will reduce the salary of 5% of base pay for mid-level employees and a 25% reduction in CEO Pat Gelsinger’s salary. “As we continue to navigate macroeconomic headwinds and work to reduce costs across the company, we’ve made several adjustments to […]
