HCLTech rolls out salary hikes: Employees getting and those ‘not getting’ increments

HCLTech has reportedly rolled out salary hikes to junior employees. According to a Money Control report, most employees at junior levels received a small raise of about 1-2% during the October-December quarter. However, this is much lower than the 7% average annual hikes and 12-15% hikes for top performers that the company had earlier promised. Other IT major IT companies like TCS, have delayed their salary hikes for FY25. These delays are part of efforts to manage costs and protect profit margins amid tough market conditions and reduced client spending.

HCLTech salary hike: Details