Wipro introduces new incentive structure for staff

India’s third largest software exporter Wipro Ltd plans to give high single-digit pay hikes on average across the company and has put in place a new incentive structure that will reward junior programmers based on billable hours and senior managers based on client satisfaction, Mint reported.

Junior-level programmers form more than 70% of the workforce. Employees and teams filing patents for software that are eventually granted could get incentives worth $500-2,000.

Managers will be judged on three parameters—top-line growth, bottom-line growth and employee satisfaction—but customer satisfaction will be the main one used to decide on bonuses and incentives.

Read the full report here