Wipro Rolls Out Annual Salary Hikes To Employees

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Wipro has rolled out its scheduled salary hikes that it had announced would take place in September.

Employees receiving their merit salary increase letter. Some employees  have already received this email, and the rest will be sent in the next few days.

Wipro’s Chief Human Resource Officer Saurabh Govil said that as part of  this cycle, 96% of Wipro employees will receive salary hikes.

They will receive salary hikes based on performance and on meeting the eligibility criteria.

Despite financial pressures in the last quarter, we have ensured a  substantially wider coverage and market-aligned salary increase.

"This is a reflection of your ongoing hard work and a good indication that our efforts are paying off."

Govil’s email said that they are optimistic about future growth.

The rollout in September is consistent with the company’s previous announcements.

However, these hikes have been delayed by three months, as the previous hikes were effective from June 2021.

Wipro at that time said it was not paying out variable pay due to the  hit it took on margins, and "as performance improves, gains will be  passed onto them.