Wipro announces salary hike for 80% of eligible staff, second in CY21

IT services major Wipro on Friday announced salary hikes that will impact at least 80 per cent of its employee base. The salary hike will be effective from September 1, 2021. This is the second salary hike that the company is giving its employees in this calendar year.

“Wipro will initiate merit salary increases (MSI) for all eligible employees up to Band B3 (Assistant manager and below), effective September 1, 2021,” the company said. In January 2021, the company announced salary hikes for employees in this bands, who form 80 per cent of the company’s workforce. 

Wipro further added that