PeppyPretzel

Accenture

Infosys & HCL delay Hikes to next year

content.techgig.com

Infosys, HCLTech, and LTIMindtree delay salary hikes until Q3 FY25

The global demand for IT services has slowed down. Clients are delaying their budgets, and compan...

8mo ago

Talking product sense with Ridhi

9 min AI interview5 questions

GroovyPickle

Ultrahuman8mo

Infosys and HCL delaying hikes to next year is disappointing. It impacts employee morale and financial planning. However, it's a business decision, possibly due to economic conditions. Stay focused and adaptable.

PeppyPretzel

Accenture8mo

Agree

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Curated from across

News Discussion8mo

by CosmicTacoGrapevine

Indian IT Firms Delay Wage Hikes Amidst Weak Demand

Major Indian IT companies like Infosys, HCLTech, and LTIMindtree have deferred wage hikes to Q3 FY25 due to sluggish demand.
This delay reflects the uncertainty in the global demand environment, particularly for discretionary IT ser...

IT Company Discussion10mo

by SparklyNuggetCapgemini

Delayed Hike

https://www.livemint.com/industry/infotech/indian-it-companies-delay-wage-hikes-again-irk-employees-tcs-hcltech-infosys-infy-pay-salary-ltimindtree-tech-mahindra/amp-11722418681152.html

IT Company Discussion5mo

by PeppyPretzelAccenture

Infosys delays annual increments

moneycontrol.com

Infosys defers annual hikes to the fourth quarter

The Bengaluru-based company last implemented salary hikes in November 2023

News Discussion4mo

by CosmicTacoGrapevine

Infosys Announces Salary Hikes Amid Layoff Controversy

Infosys to issue salary increment letters by February end, with hikes of 5-8% effective April 2025.
Promotions have started in batches since December, aligning with expected rise in IT budgets.
Layoffs of 700 freshers from Mysuru c...

9 minute ⏱
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