Thursday, October 2, 2025
spot_img

Wipro is rolling out salary hikes from September 1, 2021

spot_img
- Advertisement -

There is good news for the employees of Bengaluru-based IT major, Wipro. As announced in the month of June this year, the company is rolling out a second salary hike of the year for its employees from 1 September 2021.

According to the company statement “Wipro will initiate merit salary increases (MSI) for all eligible employees up to Band B3 (Assistant Manager and below), effective September 1, 2021. In January 2021, the company had announced salary hikes for eligible employees in these bands, who form 80 per cent of the company’s workforce – this is the second hike in this calendar year,”

As already announced, all eligible Wipro employees above band C1 (managers and above) will receive pay hikes effectively from June 1.

The company has categorised its workforce into five bands (A to E), with sub-rankings within each band based on their work experience. Employees of the B3 band (juniors) are 80% of Wipro’s total workforce.

During the earnings call of Q1 results Thierry Delaporte, CEO and Managing Director said, “In the short term, there would be some pressure on account of people cost as the company has announced a salary hike for 80% of its employees, effective September 1 – its second hike in this calendar year,” 

This month, Wipro also invites online applications from engineering graduates for its Elite National Talent Hunt that is a fresher’s hiring program for B.E./B.Tech / 5 years Integrated-M.Tech passing out of 2022 batch for Project Engineer positions.

The company has announced to hire 30,000 freshers this year. The application closing date is September 15, 2021. And Online assessment will be tentatively held between 20th September 2021 – 25th September 2021.

Currently, the Bengaluru-based company has a total headcount of 209,890 globally. It has hired 12,150 employees during the first quarter of FY22.

As of now, the majority of Wipro’s workforce (over 98%) continues to work from home, however now with vaccination picking up pace, the company is planning to bring employees back to office from September 2021 in a phased manner.

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

Deloitte in India is Hiring for 650 Positions; HR, Finance and Tech Jobs

Deloitte, one of the world's leading professional services firms,...

POSOCO appoints Anshul Bhargava as new Director- HR

POSOCO appoints Anshul Bhargava as new Director- HR Power System...

Intel tells unvaccinated employees they face unpaid leave

Intel has told workers that unvaccinated people who don’t...

If you prepare them, you wouldn’t have to repair them- Shiv Khera

In Conversation with Shiv Khera, Author, Educator, Business Consultant,...

YesMadam Sets Benchmark with 0% Commission for Top Performers

YesMadam, a leading Indian at-home salon and wellness brand,...

Samsung India to Empower the Youth in Future-Tech Domains

Samsung, India’s largest consumer electronics brand, has launched the...

Labour Minister’s Urgent Directive on Job Incentive Scheme

Union Labour Minister Dr. Mansukh Mandaviya has taken proactive...

McKinsey invites applications for Interns, experienced jobs, Apply

A global management consulting firm, McKinsey & Company is hiring...

Related Articles

SightsIn Plus
SightsIn Plushttps://sightsinplus.com/
SightsIn Plus is an India’s leading high-quality people-focused monthly HR Magazine and provides up-to-date HR News, Leadership Announcements, Best HR Practices and Insights by Global CHROs, CEOs, HR Advisors, Business Managers and HR Heads on topics of interest to HR professionals. To subscribe SightsIn Plus, HR Magazine please visit- https://sightsinplus.com/subscribe/