Defer Salary Hike: HR News, Trends & Workplace Insights

Latest Defer Salary Hike HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Defer Salary Hike.

Updated on: Apr 2024
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Most IT firms give Nil/less increments or deferred salary hikes
Compensation

Most IT firms give Nil/less increments or deferred salary hikes

Most IT services-providing companies have announced Nil/less salary increments or deferred salary hikes due to economic uncertainties. Also, Major tech companies are delaying the salary hike for employees exponentially. The move of salary delay is part of a larger trend of tech companies as investors become increasingly fearful of a recession. Moreover, Tech companies are […]

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Wipro will not be hiring with 30% Hike; defers salary hikes to Q3
Compensation

Wipro will not be hiring with 30% Hike; defers salary hikes to Q3

An Indian multinational corporation providing information technology, consultant, and business process services, Wipro CHRO said that there will be no more hiring with 30% hike. Due to the current market situation of economic slowdown and lower hiring environment, the company’s Chief Human Resources Officer Saurabh Govil said that IT professionals should focus on upskilling. Wipro […]

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After Infosys and HCLTech, Wipro also defers salary hikes to Q3
Compensation

After Infosys and HCLTech, Wipro also defers salary hikes to Q3

After Infosys, HCLTech another IT giant, Wipro has also announced a delay in its wage hike cycle for the fiscal year. Chief Financial Officer Jatin Dalal said, “We did our last salary increase in September of last year, and we plan to do that for this year sometime in quarter three.” Wipro has announced that […]

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