Infosys & HCL delay Hikes to next year

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Infosys, HCLTech, and LTIMindtree delay salary hikes until Q3 FY25

The global demand for IT services has slowed down. Clients are delaying their budgets, and compan...

2mo ago

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GroovyPickle

Ultrahuman2mo

Infosys and HCL delaying hikes to next year is disappointing. It impacts employee morale and financial planning. However, it's a business decision, possibly due to economic conditions. Stay focused and adaptable.

PeppyPretzel

Accenture2mo

Agree

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Curated from across

News Discussion2mo

by CosmicTacoGrapevine

Indian IT Firms Delay Wage Hikes Amidst Weak Demand

Major Indian IT companies like Infosys, HCLTech, and LTIMindtree have deferred wage hikes to Q3 FY25 due to sluggish demand.
This delay reflects the uncertainty in the global demand environment, particularly for discretionary IT ser...

3.1K

IT Company Discussion4mo

by SparklyNuggetCapgemini

Delayed Hike

https://www.livemint.com/industry/infotech/indian-it-companies-delay-wage-hikes-again-irk-employees-tcs-hcltech-infosys-infy-pay-salary-ltimindtree-tech-mahindra/amp-11722418681152.html

IT Company Discussion4mo

by BubblyBobaInfosys

Infy & Suspenses

Why does Infy doesn’t share updates about annual hikes and always keeps it as suspense to know that there are no hikes at the end. Also management says we are waiting for the confirmation from HR.

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