Wipro hikes offshore salary by 6-8%; onshore by 2-3%

Moneycontrol Bureau

IT major Wipro has hiked salary of offshore employees by an average 6-8 percent and of of onshore employee by 2-3 percent effective June 2013.

In line with the practice of rewarding high performers, Wipro has awarded double-digit hikes for such employees, the company said. Most Indian IT firms give increments around April or May.

Also read: Wipro gets fresh tax demand of Rs 816 cr

Rival Infosys also today announced an average 8 percent hike for salaries of Indian employees. The announcement comes within days after founder Narayana Murthy was recalled from retirement and appointed as the executive chairman for a period of five years.

Infosys, which has been going through a tough phase, has been reporting lower growth than peers like TCS and Cognizant and there was speculation that it mighty delay hikes this year as well. Last year, salary increases were given only in October, when the company came under pressure from increments offered by peers.

(With inputs from PTI)