Summary:
New Delhi: India`s fourth-biggest outsourcer Wipro is rolling out pay hikes for nearly 80 per cent of its employees effective January 1 along with promotions for high performers, a reward for ensuring business continuity during the uncertain times of the coronavirus-induced disruptions and the ensuing crisis.
The Thierry Delaporte-led copany is giving hikes to eligible employees in the junior band (B3 and below) effective January 1.
Employees up to the B3 band comprise 80% of its 1.8 lakh employees.
All eligible employees at the mid-level (C1 band and above) will receive salary increases effective June 1 next year, the Times of India mentioned in a report.
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New Delhi: India`s fourth-biggest outsourcer Wipro is rolling out pay hikes for nearly 80 per cent of its employees effective January 1 along with promotions for high performers, a reward for ensuring business continuity during the uncertain times of the coronavirus-induced disruptions and the ensuing crisis.
The Thierry Delaporte-led copany is giving hikes to eligible employees in the junior band (B3 and below) effective January 1.
Employees up to the B3 band comprise 80% of its 1.8 lakh employees.
All eligible employees at the mid-level (C1 band and above) will receive salary increases effective June 1 next year, the Times of India mentioned in a report.
The publication citing sources mentoned that the hikes would be in the range of 6-8% for offshore employees, and 3-4% for on-site staff.
Wipro didn’t comment on the quantum of hikes.
The overhang of the pandemic has forced IT firms to revisit their appraisal cycles.