Salary increases for tech professionals transitioning to new jobs have seen a sharp decline this fiscal year. Top IT companies are scaling back hiring efforts due to a slowdown in global tech service demand, leading to reduced salary increments, by nearly half, for job switchers.Data from staffing firms, as reported by ET, indicates that software firms are currently offering 18-22% hikes to job changers, a significant drop from the previous year when these candidates could command increases ranging from 40% to as high as 100-120%.The most significant dip...
BENGALURU: TCS has sacked 16 employees, while three have been removed from the resource management function in a bribe-for-jobs scandal. Also, six vendor...
Wipro, the Bengaluru-based IT firm, will implement annual merit salary increases (MSI) for its employees from December 1, after delaying the hikes, originally...
Asian shares traded cautiously on Friday despite crude oil prices dipped following a recent rally. Profit-taking and the anticipation of supply increases from...
Rating: Unrated | TP: NAAGM HighlightsStrong focus on TCAS and TMS; high-growth electronics segment.The company continues to have a debt-equity ratio of <0.1x.Only...
Investors in Asia are contending with the anticipation of increased interest rates and rising oil prices, spurred by crude oil’s recent one-year high....