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IT sector job switch not...

Salary increases for tech professionals transitioning...

Wipro to roll out salary...

Wipro, the Bengaluru-based IT firm, will...

IT sector job switch not paying off? Here’s why salary hikes are declining for techies

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...

IT sector job...

Salary increases for tech professionals transitioning to new jobs have seen a sharp decline this fiscal year. Top IT companies are scaling back...

Wipro to roll...

Wipro, the Bengaluru-based IT firm, will implement annual merit salary increases (MSI) for its employees from December 1, after delaying the hikes, originally...

Wipro: Ex-Wipro executive...

BENGALURU: Jatin Dalal, who resigned as Wipro CFO last week, is said to be joining Cognizant as CFO. The move is expected after...

Wipro shares fall...

BENGALURU: Wipro's share price slid 2.5% on the BSE on Friday a day after the surprise exit of its CFO Jatin Dalal.Dalal's departure...

Wipro says CFO...

BENGALURU: Wipro said on Thursday that Jatin Dalal has resigned as chief financial officer to pursue other opportunities after more than two decades...

Markets fall in...

MUMBAI: Equity benchmark indices declined in early trade on Monday after a record-breaking rally last week, in line with weak trends in global...

Ibc: IBC is...

NEW DELHI: The Insolvency & Bankruptcy Code (IBC) is "not a recovery mechanism", observed the National Company Law Appellate Tribunal (NCLAT), while dismissing...

Sensex, Nifty hit...

MUMBAI: Equity benchmark indices Sensex and Nifty hit new record peaks in early trade on Friday, helped by a rally in global markets...

Markets climb in...

MUMBAI: Equity benchmark indices climbed in early trade on Monday in line with firm trend in global markets and encouraging domestic macroeconomic data.Fresh...