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Festive delight for employees as firms begin to rollback salary cuts

HR consultants say increments likely to reach pre-Covid levels only by 2022

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Over the last three weeks several technology bellwether firms--TCS, Infosys, Wipro, HCL and Mindtree--have announced plans to give out increments and bonuses

Ruchika Chitravanshi Sudipto Dey New Delhi

4 min read Last Updated : Oct 23 2020 | 1:21 AM IST

After nearly seven months of reduced salary due to the pandemic stress, Priyanka Singh (name changed), a senior executive at an online radio platform, will finally receive her full remuneration for this month, just in time for the Diwali festivities. “There is some solace that salaries are back to normal. We are all hoping that things remain stable now,” says Singh.

Over the last three weeks several technology bellwether firms--TCS, Infosys, Wipro, HCL and Mindtree--have announced plans to give out increments and bonuses. Now, several manufacturing and services companies are looking to roll back salary cuts that came into effect

Topics : Coronavirus Salaries India Inc

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