IT Giants, Infosys and Wipro Announced Single Digit Hike for Indian and Overseas Employees

Infosys on 13 June 2013 announced a hike in the wages for 2013-14 financial year for employees in India as well as abroad with effect from 1 July 2013.

Created On: Jun 15, 2013 11:10 ISTModified On: Jun 15, 2013 18:26 IST

InfosysInfosys, the IT giant, on 13 June 2013 announced a hike in the wages for 2013-14 financial year for employees in India as well as abroad with effect from 1 July 2013. In the meanwhile, Wipro, the rival company of Infosys, also announced a hike in the wages for its employees with effect from June 2013.

The hike being introduced by Infosys and Wipro is a single digit hike. Infosys announced that average increase in the wage for its employees who are based in India will be 8 percent. On the other hand, for the employees placed abroad, the average hike would be that of 3 percent. Global sales team will get a hike of 8 percent.

The third-largest IT services exporter of India, Wipro announced the wage hike too. The average hike announced by Wipro was of 6-8 percent for its overseas employees. On the other hand, for the onsite employees, the average hike would be 2-3 percent which will be effective from June 2013.
 
The IT industry of India is worth 108 billion US dollar, but since a long time, it has enjoyed double digit hike. However, after the economic meltdown of 2008, there has been a single digit hike only.

Take Weekly Tests on app for exam prep and compete with others. Download Current Affairs and GK app

एग्जाम की तैयारी के लिए ऐप पर वीकली टेस्ट लें और दूसरों के साथ प्रतिस्पर्धा करें। डाउनलोड करें करेंट अफेयर्स ऐप

AndroidIOS
Comment ()

Post Comment

7 + 6 =
Post

Comments