TCS hike 2024

My cousin Suresh, who has worked at TCS for five years, was looking forward to his annual review just a few months ago. His love for TCS's work atmosphere never changed, and the company is known for offering security. However, when he finally got his TCS hike 2024 news, his happiness quickly turned to regret when he got only a 2% hike.

It felt like a disappointment for Suresh because he had worked hard, taken on extra duties, and made a major impact on his team's achievement. He stated that several of his coworkers had also received lower raises, so he wasn't the only one who felt this way. TCS provides excellent job security and development opportunities, but the pay increases don't always appear to keep up with the employees' attention or the company's general growth.

For him, the TCS hike 2024 was a reality check, reminding him that, despite the company’s size, competitive raises aren’t always guaranteed. It left him feeling undervalued and questioning the future of his career at TCS.

Tata Consultancy Services is the largest Information Technology company in India, which is the reason why almost all of them provide attractive salaries. However, the percentage of salary at TCS hike 2024 is not uniform across all and it greatly relies on personal performance and other factors.

For the majority of the employees, TCS provides yearly salary increases with a range of 4.5% to 7%. Those employees who have given exceptional performance can expect an increment which is in double digits. However, there are some cases, where some employees may get lesser hikes, for example, 2%, depending on their performance ratings and other aspects. While a salary adjustment of 2% does not sound audacious, it could be reconciled with the fact that such an adjustment is more of a rarity than average practice.

It goes without saying that TCS is one of the biggest IT companies in India. Many people struggle to get a job at TCS as they hire the best of the best. However, like many big firms, the hike here is not much, especially for onsite employees. According to a report, only 2-4% TCS hike 2024 is given to onsite employees and for offsite employees, it is 7-8%. However, there have been exceptions that employees have received 9-10% hikes. But, to answer your query regarding the lower hike, yes that’s what you can expect at TCS. Nevertheless, working at TCS will offer you a great experience in working with different projects and tools, which is also a necessity in the IT sector.

I recently met a close friend Abhishek who works at TCS. Over coffee, our conversation turned to salaries, and he seemed clearly worried. He said, "You won't believe that I only got a 2% hike this year!" Surprised, I asked him if this was unusual. Abhishek explained that many of his colleagues had faced similar disappointment with the TCS hike 2024, which has caused anger across different teams.

He mentioned that while TCS is undoubtedly one of the largest IT companies in India, known for its stability and diverse opportunities, the pay hikes don’t always reflect that height. He expected a raise that matched the company's reputation and his hard work, but the TCS hike in 2024 fell short. He did note that the company is consistent with appraisals, but 2% feels far too low, especially when considering rising living costs. His experience isn’t an exception, as many employees in TCS share similar sentiments about underwhelming raises.