
TCS to Roll Out Annual Salary Hikes in March 2024
Summary: Tata Consultancy Services (TCS) is set to implement annual salary hikes in March 2024, effective from April 2025, with increases ranging between 4% and 8%. These hikes are tied to employees’ compliance with the company’s return-to-office (RTO) mandate introduced in early 2024. The IT sector is witnessing a slowdown in salary increments due to…