TCS rolls out 4.5-7% pay hikes after delay
After months of uncertainty, Tata Consultancy Services (TCS) has finally announced salary hikes for its employees, bringing some relief to its workforce. On Monday evening, increment letters were rolled out across the company, with an average hike of 4.5-7% for nearly 80% of staff.
Top performers, insiders said, received double-digit increases, though the bulk of the workforce will see increments within the 4.5-7% band.
