Friday, 24 March, 2023

Good news: Wipro to roll out pay hikes from Jan 1

<p>IT major Wipro has decided to give a raise to all eligible employees in the junior band (B3 and below), comprising 80% of its 1.8 lakh workforce, effective Jan 1. Employees at the mid-level (C1 band and above) will receive appraisals effectively June 1, 2021. The hikes, as per reports, would be in the range of 6%-8% for offshore employees, and 3%-4% for onsite staff. Wipro&rsquo;s annual increment comes in effect&nbsp;in June. Those in the C1 band and above have missed one cycle.</p>