 "In the April-June quarter of FY20, Wipro paid a retention bonus of ~1,00,000 to the freshers, who were hired via campus placement and completed one year")
Raj Kumar* (fictitious name for this story), who works in the information technology sector in southern India, has been on contract for five years. He has received lower hikes than his peers who are permanent employees. They now earn more than thrice his wage for similar work.
Employees like Kumar often contend with lower perks and also face the danger of a sudden termination, according to Elavarasan Raja, General Secretary, Forum for IT Employees (FITE) a union for technology company workers.
“Benefits are denied…payroll is entirely with the contractor,” he said.
The lower cost and easier termination may well be
