TCS rolls out 4.5%-7% salary hikes; some employees flag lower effective pay after restructuring

Tata Consultancy Services has rolled out annual salary hikes for employees, with most increments ranging between 4.5% and 7%, although some employees have alleged that changes in compensation structure have lowered their effective salaries despite favourable performance ratings.

“In line with the announcement made during our Q4 earnings, we have rolled out annual increments to eligible employees. Additionally, we have completed the restructuring of compensation for all our India-based employees to align with the new labour codes.