News: Wipro announces average salary hike of 7%

#Corporate

Wipro announces average salary hike of 7%

India's third-largest software exporter Wipro announced average wage hike of 7%, in line with bigger rivals Tata Consultancy ServicesBSE 0.41 % and Infosys' announcements earlier this year. TCS handed out average salary hike of about 8% for employees in India, while InfosysBSE 0.53 % rolled out average wage increase of 6.5% in March. "In line with industry standards, Wipro LtdBSE -0.46 % has announced a salary increase for eligible employees, effective June 1, 2015.

India's third-largest software exporter Wipro announced average wage hike of 7%, in line with bigger rivals Tata Consultancy ServicesBSE 0.41 % and Infosys' announcements earlier this year. TCS handed out average salary hike of about 8% for employees in India, while InfosysBSE 0.53 % rolled out average wage increase of 6.5% in March. "In line with industry standards, Wipro LtdBSE -0.46 % has announced a salary increase for eligible employees, effective June 1, 2015.

Read Economic Times full report here.

Topics: #Corporate, #Updates

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