TCS Employees Salary Hike: The country’s largest IT services company Tata Consultancy Services (TCS) has given a big gift to its employees. The company has increased the salary of most employees from 4.5% to 7%. Late on Monday night, the company started sending increment letters to the employees and this increment will be implemented from September.

TCS employees bat

This increase has been done at a time when TCS trimmed about 12,000 employees a few months ago. At that time, both the IT sector and the stock market had heard a big echo and the company’s shares were seen to have a huge decline.

Who got the benefit?

According to reports, the benefit of increment has been mainly received from the lower level to the middle level employees. At the same time, more than 10% increment has been given to the best performing employees. Earlier, the company had recorded a slight increase in the rates of employees in the April-June quarter results, which reached 13.8%. Now this step of salary hike is considered important towards keeping employees connecting and boosting morale.

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