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...
Wipro, the Bengaluru-based IT firm, will implement annual merit salary increases (MSI) for its employees from December 1, after delaying the hikes, originally...
BENGALURU: Wipro said on Thursday that Jatin Dalal has resigned as chief financial officer to pursue other opportunities after more than two decades...
NEW DELHI: The Insolvency & Bankruptcy Code (IBC) is "not a recovery mechanism", observed the National Company Law Appellate Tribunal (NCLAT), while dismissing...
MUMBAI: Equity benchmark indices climbed in early trade on Monday in line with firm trend in global markets and encouraging domestic macroeconomic data.Fresh...