{"id":1293844,"date":"2025-04-20T09:10:34","date_gmt":"2025-04-20T03:40:34","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1293844"},"modified":"2025-04-20T09:12:01","modified_gmt":"2025-04-20T03:42:01","slug":"after-tcs-wipro-is-undecided-on-salary-hikes-for-2025","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/after-tcs-wipro-is-undecided-on-salary-hikes-for-2025\/","title":{"rendered":"After TCS , Wipro Is Undecided On Salary Hikes For 2025"},"content":{"rendered":"\n<p>With global trade tariffs derailing discretionary demand in the IT sector, Wipro has said it will take a call on employee wage hikes for FY26 closer to the actual date. The announcement follows a similar move by industry leader TCS, which also deferred salary revisions this year citing the uncertain business climate.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"410\" src=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-20-at-9.09.52\u202fAM-1024x410.png\" alt=\"\" class=\"wp-image-1293866\" srcset=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-20-at-9.09.52\u202fAM-1024x410.png 1024w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-20-at-9.09.52\u202fAM-300x120.png 300w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-20-at-9.09.52\u202fAM-768x308.png 768w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-20-at-9.09.52\u202fAM.png 1108w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Decision Deferred Amid Global Headwinds<\/h3>\n\n\n\n<p>\u201cWe are still very far from that time, and in this uncertain environment, we will decide <a href=\"https:\/\/www.moneycontrol.com\/technology\/after-tcs-wipro-says-wage-hikes-in-fy26-will-be-decided-closer-to-date-article-12995837.html\">closer<\/a> to the date,\u201d said Saurabh Govil, Chief Human Resource Officer at Wipro, after releasing the company\u2019s Q4 FY25 results. He added that Wipro had already implemented early wage hikes in September 2024\u2014just nine months after a previous hike in December 2023.<\/p>\n\n\n\n<p>The company\u2019s approach signals growing caution across the IT industry, where subdued demand and economic headwinds have forced firms to reassess cost structures and spending plans.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Tariffs Fuel Macroeconomic Concerns<\/h3>\n\n\n\n<p>Wipro\u2019s leadership flagged significant uncertainty stemming from geopolitical developments, particularly trade tariffs enforced by the US. CEO Srinivas Pallia pointed out that tariffs imposed by the Trump administration have increased risks for the sector heading into FY26.<\/p>\n\n\n\n<p>\u201cI don&#8217;t have a crystal ball that tells me how it goes\u2026 but the uncertainties from FY25 to FY26 have dramatically increased,\u201d Pallia said, addressing the media post-results.<\/p>\n\n\n\n<p>He warned that trade tensions between the US, China, and Europe could affect key clients, especially European businesses heavily reliant on global trade. \u201cWith that in context, we have looked at all the uncertainties\u2026 clients, and based on that we have given our guidance,\u201d he noted.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Sector-Wide Impact<\/h3>\n\n\n\n<p>The cautious approach from Wipro mirrors a broader sentiment across India\u2019s IT industry. Discretionary IT spending, a key revenue driver for tech companies, is likely to face constraints as clients delay or reduce investments due to economic concerns.<\/p>\n\n\n\n<p>With multiple headwinds on the horizon\u2014ranging from recession fears in the US to strained trade ties in Europe\u2014IT firms are prioritizing operational flexibility over fixed commitments like early wage hikes.<\/p>\n\n\n\n<p>Wipro remains watchful of evolving global dynamics as it plans for the next financial year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With global trade tariffs derailing discretionary demand in the IT sector, Wipro has said it will take a call on employee wage hikes for FY26 closer to the actual date. The announcement follows a similar move by industry leader TCS, which also deferred salary revisions this year citing the uncertain business climate. Decision Deferred Amid [&hellip;]<\/p>\n","protected":false},"author":30,"featured_media":1293866,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[377,621],"class_list":["post-1293844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-salary-hike","tag-wipro"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>After TCS , Wipro Is Undecided On Salary Hikes For 2025 - Trak.in - Indian Business of Tech, Mobile &amp; Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/after-tcs-wipro-is-undecided-on-salary-hikes-for-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"After TCS , Wipro Is Undecided On Salary Hikes For 2025 - Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"og:description\" content=\"With global trade tariffs derailing discretionary demand in the IT sector, Wipro has said it will take a call on employee wage hikes for FY26 closer to the actual date. 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