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WIPRO SALARY CUT
Wipro CEO Pallia takes home Rs 49.6 crore in FY26Wipro CEO Srinivas Pallia's compensation decreased to $5.29 million in FY26, while executive chairman Rishad A Premji earned $773,213. The ...
Oracle leaves freshers in limbo; D2C carts go coldHappy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in...
This HR professional retires at 45 with Rs 1 crore, stops chasing luxury and says he’s happier than ever in DehradunAmit Chilka retired from corporate life at 45 with a Rs 1 crore corpus, challenging the notion that massive wealth is required for early re...
IT cuts mid-tier, expands AI-smart entry level in new hiring playbookIndia's top IT companies are changing how they hire. They are bringing in more fresh graduates and giving them AI tools. Middle managers ar...
Startups seek digital gold rules; IT firms bet on freshersHappy Friday! The Centre may be open to creating an oversight framework for the digital gold sector. This and more in today’s ETtech Mornin...
IT CEOs' salary in FY24; Wipro offers 85% variable payHappy Wednesday! Top bosses at some of the country’s leading IT firms took home enhanced salary packages last fiscal. More on this on today...
Wipro’s Rishad Premji takes pay cut, ex CEO Delaporte takes home $20 mnWipro executive chairman Rishad Premji declined variable pay for the second consecutive year due to negative profit growth. He took a 20% p...
Wipro likely to skip pay hikes for top performers in key business lineThe move comes at a time when India's No.4 software services exporter is dealing with a plethora of problems ranging from weak client spend...
Wipro's Rishad Premji takes 50% salary cut in FY23In FY23, Premji’s salary stood at $951,353, down 47% from $1,819,022 in FY22, the company reported in its annual report to the exchanges as...
Wipro should relook at the strategy of salary cuts for freshers: TV Mohandas PaiSo I do not think they should do it and I feel a bit upset that a great company like Wipro is doing it. I am okay with deferring one or two...
Zomato launches ‘Everyday’ for home-style meals; Union complaints against Wipro salary cutOn the Zomato app, Everyday has been placed alongside the platform’s other offerings such as Intercity Legends, the company’s intercity foo...
Wipro freshers' salary cut: IT union NITES files complaint with labour ministryThis comes after ET reported that Wipro gave a five-day window last week for freshers under the Wipro 'Turbo' package, typically carrying 6...
IT union NITES slams Wipro's move to cut freshers' salary, calls it 'unfair'IT sector employees union NITES has slammed the move, saying the decision is "unjust" and "goes against the principles of fairness and tran...
Pune Labour Commissioner issues notice to Tech Mahindra on cutting allowancesThe Pune-based union has claimed that Tech Mahindra’s decision to reduce compensation effective May violates a central government order not...
Pune labour commissioner asks Wipro to respond to complaint on employee salary cutsNITES said this went against govt guidelines of not firing people or cutting salaries during the pandemic.
- IT firms like Infosys, Wipro and TCS cut variable pay
Large IT companies have begun to implement marginal cuts in employees' variable pay, an indication of the economic challenges they foresee.
Wipro honchos get big perks; but salaries dipCommissions and incentives dominate Wipro senior management’s paychecks in the just-concluded fiscal - or so it seems.
- HR heads look to control costs without layoffs
HR pros introduce the virtual bench concept where employees receive a severance pay and leave the company. Be your own boss | Lost job? Kee...
- Tech cos draw up ways to retain good performers
At a time when most IT cos are reducing employee numbers to cut costs, Wipro, TCS and Infosys are rechanellising their manpower. Office par...
- Hefty pay packets to hit margins of infotech firms
Infosys and Wipro Technologies, anticipate wage pressures might not only slash their margins but also prevent them from maintaining their c...