TCS administration announces Salary hikes for employers sbi 84 | Good day to TCS employees; Salary hike for second time in six months

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TCS administration publicizes Wage hikes for employers sbi 84 | Good day to TCS staff; Wage hike for second time in six months

Tata Consultancy Companies (TCS) right this moment introduced a pay hike for all its staff. The pay hike will take impact from April 1, the corporate mentioned.

A TCS spokesperson informed Mint: “We affirm the choice to extend the pay of all our associates from April 2021.”

The spokesperson additional mentioned, “We’re grateful to all our colleagues for displaying an adaptive and modern mindset to propel the corporate by these tough occasions.

TCS has grow to be the primary IT providers firm to announce a pay hike for the monetary yr 2022. That is the second pay hike in six months for the reason that announcement of the pay hike in October final yr.

In keeping with sources, “With the pay hike for the monetary yr 2022, TCS staff will get a median improve of about 12 to 14% over a interval of six months.

TCS reported a 7% improve in web revenue for the quarter ended December 31, 2020 to eight,701 crore. Throughout Covid-19, the corporate benefited tremendously from the demand for its cloud providers.

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First Revealed on March 19, 2021 6:51 pm

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