Friday, 24 March, 2023

TCS rolls out 14 % average hike for 4.7 lakh staff

<p>Tata Consultancy Services has rolled out an average salary hike of 12-14% for FY22 to its 4.7 lakh employees. This is the second salary appraisal for the Mumbai headquartered company&#39;s staff. The last hike was announced at the end of Q2, which came into effect on Oct 1. The fresh salary hike will come into effective from April. TCS, in general, gives 6-8% hikes to its employees. The company also said that promotions will be given as per the regular cycle.&nbsp;</p>