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Wipro To Skip Salary Hikes For Employees With Higher Compensation

Wipro's decision is guided by its priority to compensate those with a lower salary among eligible employees.

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Wipro may skip giving hikes to “top performers with higher compensation” in its largest business line in the slated appraisal cycle for December.

“We are doing a selective MSI (merit salary increases) rollout based on our business affordability,” Nagendra Bandaru, the managing partner and president of the “Enterprise Futuring” business line reportedly told employees in an e-mail.

Wipro's decision is guided by its priority to compensate those with a lower salary among eligible employees.  It is pertinent to mention that delayed salary appraisal cycles have become a common feature in the current hyper-competitive and inflationary IT industry.

The appraisals will be effective from December 01, 2023.








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