The bad news for this giant is the salary deferred, not HCL Tech, Infosys, Wipro, it’s…
“We have taken a cautious approach to compensation revisions as the external environment remains uncertain,” said the company’s senior director during the briefing.
TATA Consulting Services (TCS), one of India’s largest IT services companies, announced that it will postpone salary hiking for fiscal 25 years. The company revealed the decision at its post-graduate press conference, citing macroeconomic headwinds as a key factor in the delay.
“We have taken a cautious approach to compensation revisions as the external environment remains uncertain,” TCS’s senior director said during the briefing.
TCS has not specified a revised timetable to implement wage increases, but ensuring employee well-being and long-term growth remains a top priority for the organization.
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