TCS to delay salary hikes on uncertain business environment

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India’s largest IT services company, Tata Consultancy Services (TCS), will defer annual salary increments for its employees as an uncertain business environment in the wake of the global tariff war weighs over near-term revenue growth prospects.

“On wage hikes, considering the uncertain business environment, we will decide within the year when to make that happen,” chief human resource officer (CHRO) Milind Lakkad said at the company’s fourth quarter (Q4) earnings press conference in Mumbai.

He refrained from giving out any other details on the…



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TCS to delay salary hikes on uncertain business environment


India’s largest IT services company, Tata Consultancy Services (TCS), will defer annual salary increments for its employees as an uncertain business environment in the wake of the global tariff war weighs over near-term revenue growth prospects.

“On wage hikes, considering the uncertain business environment, we will decide within the year when to make that happen,” chief human resource officer (CHRO) Milind Lakkad said at the company’s fourth quarter (Q4) earnings press conference in Mumbai.

He refrained from giving out any other details on the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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