TCS salary increments: When will the IT giant announce pay hikes? Chief Human Resources officer Milind Lakkad shares update
Friday, 11 July 2025 () TCS employees face further delays regarding salary hike decisions, as the company cites ongoing business uncertainties. The IT giant's attrition rate edged up to 13.8% in the June quarter, while workforce size increased. Despite a modest 6% rise in net profit, sales dipped by 3% in constant currency, impacting deal momentum due to US tariffs.
As TCS deferred its annual wage hikes that typically set in from April, CHRO Milind Lakkad stated that the company prefers to do what's right for their nearly 6... DNA
The update was shared by Milind Lakkad, Executive Vice President and Chief Human Resources Officer of TCS, during a press conference following the company’s Q1... Zee News
Friday, 11 July 2025 ()
