HCLTech Rolls Out Minimal 1-4% Salary Hikes Amid Industry Challenges

India's third-largest IT services firm, HCLTech, has announced salary hikes ranging between 1-4% for employees, significantly lower than previous years. While top performers can expect the upper end of this range, the company’s cautious approach reflects the ongoing global economic uncertainties impacting the IT sector. This restrained increment policy comes amidst mounting pressure to balance costs and profitability. The move has sparked mixed reactions within the tech community, as it highlights the shifting dynamics in India's IT landscape.

 

Source: Trak.in