Wipro hikes staff wages by 7%

Fixed pay of junior and mid-level employees also raised

Wipro has hiked wages of its employees by seven per cent, in line with the industry, to curb attrition and rejuvenate growth.

According to Nasscom, the Indian IT industry is expected to grow in the range of 12-14 per cent this financial year, more or less flat when compared to the previous three years. According to Sanchit Gogia of Greyhound Research, the IT industry is evolving and there’s a need for a workforce that has the domain expertise and understands and breathes the business. It’s only a handful that will take away better hikes.  Twitter_logo_blue

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