Wipro announces salary hike for 80% of eligible staff in September

Bengaluru: Wipro has announced salary hike for 80% of its eligible staff in September, its second such exercise this year to retain key employees amid a talent war in India’s IT sector.

“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,” Wipro said in a statement on Friday.

The company said that it will initiate its merit salary increases, offering hikes to all eligible employees below the level of assistant manager. It had announced a similar hike for employees in this band in January this year as well.