Tag: indian it industry

Wipro, the Bengaluru-based IT firm, will implement annual merit salary increases (MSI) for its employees from December 1, after delaying the hikes, originally slated for September, by a quarter due to macroeconomic challenges and margin pressures. These hikes will be assessed on an individual basis in the coming weeks, according to an ET report.Chief Human Resources Officer Saurabh Govil conveyed in an email to employees that, despite challenging global market conditions, the MSI will take effect on December 1, 2023. A copy of the email which indicated that...