TCS Salary Hike: Software giant TCS has announced that it will raise the salaries of its employees during this difficult time. The company would like to thank the staff who worked exceptionally well in these corona catastrophic situations.
It is well known that the corona blow shook the economy. This impact fell on almost all sectors. Many companies have been forced to close. With this, the employees of the respective companies were on the road. Some companies have reduced the number of employees in order to reduce costs in the event of an emergency. Some companies have imposed cuts in staff salaries. Thus each company made its own decisions. However, despite the catastrophic situation, software giant TCS has announced a pay rise for its employees.
Milind Lockde, head of the company’s human resources department, said the increase would apply to employees of all bands in the company. He thanked the staff for working exceptionally well in these corona catastrophic situations. It was clarified that the pay hike will be applicable from October 1. The company hired 9,784 new employees in the past three months. Of these, 7,200 are from India. There are another 1000 from America. TCS announced that employee emigration was at an all-time low of 8.9% this time. Chief Operating Officer NG Subramaniam said the company had lost 34 employees due to Corona. This time was full of challenges and hardships.
TCS has also announced that it will be launching job placements soon. As of September 30, the company had 453,540 employees. The TSS decision filled the freshest josh among employees working in the software sector. With this, hopes are rising again among many IT employees who are struggling with the stoppage of wage hikes due to Corona. However, after the announcement of the TCS pay hike, it became interesting what kind of decision the rest of the IT companies would take.
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