Wipro has given a 6-7% average increment to its employees for the year beginning June, according to a person familiar with the matter. This is similar to that given by larger rivals TCS and Infosys, but significantly better than Capgemini’s 0.5-1%, which earned the French company much ridicule.
Wipro also said some of its employees may not receive increments this year and signaled to the workforce that routine legacy work will be viewed less favorably compared to digital functions and interest to re-skill. Those not getting pay hikes have been told to keep pace with change and move to digital engagements
The company did not specify the number of employees who are not eligible for a raise. But in an internal memo sent by CEO Abidali Neemuchwala on Monday, he advised them to have an “open discussion” with their supervisor and HR manager “on how they can grow and contribute going forward.”
“Rotation to billable digital engagements will be key for them. Job rotations and upskilling are important levers for growth in the digital age. Inability to keep pace with change will leave you behind! Continuous learning and adaptability are critical,” Neemuchwala said.