TCS salary hike: When will IT major roll out increments to employees? What chief HR officer says post Q1 results
TCS salary hike: India’s largest IT Company TATA Consultancy Services (TCS) Assistant General Manager and Chief Human Resources Officer (CHRO) Milind Lakkad said that the company did not make any decisions on a potential salary increase at a press conference on Thursday, July 10, 2025.
“We have not made any decisions until now, in relation to wage hikes,” he said on Thursday.
CT Company delayed the wage increase and was attributed to “uncertain environment ında in the fourth quarter of the 2024-25 financial year. At a quarter press conference, Lakkad said that wage increases can always be throughout the year, depending on the company’s business.
“Due to the uncertain environment, we will decide on wage increases throughout the year. It can always be depending on the enterprise,” he said.
TCS wear ratio
According to the announcement of the results of Q1, the wear rate of TCS employees increased by 13.3% at 13.3% at the level of 13.3% in the fourth quarter of 2024-25 Fiscal.
The wear rate of the first quarter of the 2025-26 fiscal year witnessed a marginal increase compared to the same quarter compared to the previous year.
When TCS wear reached the highest level of 2 years, the company’s chief Milind Lakkad said that the wear is more than our 13%comfort level. At the press conference, Lakkad said, uz We strive to destroy it, ”he said.
Although there was an increase in TCS’s wear rate, the company expanded its labor force and employs more than 5,000 employees in April-June quarter of the 2025-26 financial year. Accordingly Mint After the report S11 Conclusion, the total number of employees in India’s largest CT company was 613.069 from 607,979 in the previous quarter.
India’s IT sector growth
The IT Services sector is one of the largest employers in the country and an income earnings in the Indian economy, which helps to create thousands of jobs in the nation.
According to the Indian Equity Foundation (IBEF) data, the Indian IT industry reached 227 billion dollars in the financial year, which ended 2021-22 and witnessed 15.5% (YOY) annually and was estimated to have reached $ 245 billion in 23 fiscal years.
The Industrial Report, published earlier this year, is expected to reach $ 100 billion by the end of 2025, because Indian software is expected to reach $ 100 billion, because Indian companies focus on investments abroad to expand their global footprints and develop global delivery centers.
With the increase in the use of cloud technology, the IT industry is expected to create 14 million jobs by the end of 2026 and contribute to the country’s gross domestic product (GDP) for $ 380 billion.
