Wipro may not give salary hikes to top performers amid industry challenges
Wipro is considering not giving salary hikes to top performers with higher compensation due to financial constraints. This decision is in line with the broader trend in the technology industry as companies seek to address pay inequities among regions and reduce payroll costs. Wipro’s competitors have also explored various strategies to manage payroll costs.
Link to the original story: https://www.businessworld.in/article/Wipro-Considers-Skipping-Salary-Hikes-For-Top-Performers-Amid-Industry-Challenges/09-11-2023-498274
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