India's Wipro likely to skip pay hikes for top performers in key business line

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Explore stories from Atlantic Canada.

Celebrating Wild Caraway: Taste of Nova Scotia's Restaurant of the Year | SaltWireBENGALURU - Wipro may skip giving hikes to"top performers with higher compensation" in its largest business line in the upcoming round of salary revisions in December, according to an internal memo seen by Reuters.

Wipro will prioritise employees with lower compensation among those eligible for a raise, Bandaru highlighted, adding that"top performers with higher compensation may not be covered in this cycle".Wipro Enterprise Futuring, one of four global business lines at the Bengaluru-based firm created as part of an organisational overhaul in April, deals with large-scale digital and tech transformation for companies.

Salary bills are the biggest contributor to expenses for IT companies, typically accounting for over 60%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines