Wipro to roll out salary hikes for junior staff from Sep 1
Wipro to roll out salary hikes for junior staff from Sep 1
IT services major Wipro on Friday said it will give wage hikes to junior employees with effect from September 1, 2021. “Wipro Limited will initiate merit salary increases (MSI) for all eligible employees up to Band B3 (Assistant Manager and below), effective September 1, 2021. In January 2021, the company had announced salary hikes for eligible employees in these bands, who form 80 per cent of the company’s workforce – this is the second hike in this calendar year,” Wipro said in a statement.
As announced earlier, all eligible employees above band C1 (Managers and above) will receive pay hikes effective June 1, it added.
“On average, the increments will be in the high single digits for offshore employees while it will be in the mid-single digits for onsite employees. The company will reward top performers with substantially higher increases,” it said.
