Thursday, 31 July 2014

TechNews || Wipro Gives 16% Salary Hike To Its Employees



Wipro Gives 16% Salary Hike To Its Employees

Wipro,One of the famous industry.Wipro is Banglore based Multinational IT consulting and system integration services company.As of financial closing year 2014,Wipro has 146,000 employees in nearly 61 countries.Wipro has announced nearly one in five employees with a very good hike of 16% salary increases and definitely this is going to help in decreasing the attrition rate.

This salary is going to reflect starting from June 1 and employees working at onsite client locations will get an average of 2% while it was an average of 8% for the rest of the employees or remaing employees.But the top 20% best performers were given with 16% of the average hike.

Wipro`s senior vice president of human resources stated as”This salary increases mainly to encourage best performers to continue their work to achieve good market result”.

“we have done the salary hike in the past but this year salary hike is quite increased”.

Some IT experts believe that Wipro`s salary hike decision to reward best employees whose skills are in demand,including those with expertise in big data and analytics,that can fight against high rate of attrition.Its the best thing in the Wipro issues in Banglore Branch.