{"id":846380,"date":"2024-08-21T09:28:28","date_gmt":"2024-08-21T03:58:28","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=846380"},"modified":"2024-08-21T09:28:44","modified_gmt":"2024-08-21T03:58:44","slug":"single-digit-pay-hike-in-it-new-reality","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/21\/single-digit-pay-hike-in-it-new-reality\/","title":{"rendered":"Single-digit pay hike in IT new reality"},"content":{"rendered":"<p>BENGALURU: Last week when Nasdaq-listed Cognizant rolled out an increment to employees after a four-month delay, it had to face criticism on social media as wage hike starting as low as 1%. <\/p>\n<p>Soon, the company in a statement said the merit increases for this cycle are tied to both individual performance and macro industry dynamics. As per sources, employees with the highest rating received only a 4.5% salary hike. Tata Consultancy Services (TCS) rolled out double-digit wage hikes for high performers and an average 4.5% to 7% wage hike for the rest of the employees, with effect from April 1.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BENGALURU: Last week when Nasdaq-listed Cognizant rolled out an increment to employees after a four-month delay, it had to face criticism on social media as wage hike starting as low as 1%. Soon, the company in a statement said the merit increases for this cycle are tied to both individual performance and macro industry dynamics. As per sources, employees with the highest rating received only a 4.5% salary hike. Tata Consultancy Services (TCS) rolled out double-digit wage hikes for high performers and an average 4.5% to 7% wage hike for the rest of the employees, with effect from April 1.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-846380","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/846380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=846380"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/846380\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=846380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=846380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=846380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}