After a year of no salary hikes, the good times are set to start rolling again for around 1,50,000 TCS employees, as India’s biggest software exporter seeks to retain and attract talent in order to cope with increased demand for software services this year.
TCS global head of HR Ajoy Mukherjee said the company has decided to give salary increments during financial year ending March 2011, although the exact quantum of hike is yet to be decided.
“There definitely will be a wage hike but the quantum is not finalised. We are considering three options,” Mr Mukherjee said. While giving the hikes, the company will maintain the salary structure it moved to in FY10, which consists of a quarterly variable component and an annual variable component. …..Read More
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