HCL hike 2024

A friend of mine is working in HCL and he told be that the hike would be in effect from October. He said that the company is offering a 7% raise as per industry standards. He thinks it is good since many companies put the appraisal on hold for over a year now. However, he also mentioned some of his coworkers are having a tough time with this increment process. Many are saying that the process is completed and actually they will get a 2-3% hike only.

October HCL hike 2024 was announced. The 7% raise surely meets industry standards and I’m happy to hear it, as many other companies have stopped increments for two years now. Some of the companies are even laying off employees. So, in a crisis situation like this where having job security and salary increases seem far-fetched, at least I’m hopeful that I’d get some increment here.

Can’t see any hike in salary after October.

It is not 7 % hike, it’s actually 7% average so if your tem has 20 members some one will get 0% some will get 2-6% some will get 10% average will be 7% now not sure how much you’ll be getting. I heard that my manger was talking about this with his manger and saying that the budget was so low that i had to send 0% for most of the employees and the person who is earning very less will surely get 10% others will get 0-3,3-7,7-9 acc to their salaries.

😂