Wage Hike Delay Frustrates Staff
Tata Consultancy Services (TCS) deferred its annual wage hikes, typically starting April, and cut senior employees’ variable pay by 70–80% for Q4 FY25, citing macroeconomic uncertainties and U.S. tariff concerns.
Senior staff received only 20–30% of their quarterly variable allowance, linked to office attendance policies.
TCS plans to hire 42,000 freshers in FY26 and added 6,433 employees in FY25, reaching 607,979.
The delay, alongside a 1.7% Q4 profit dip, reflects caution amid global trade tensions.
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