Good News for Wipro Employees || 5-Year Salary Plans Announcement!!

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Good News for Wipro Employees
Good News for Wipro Employees

Good News for Wipro Employees || 5-Year Salary Plans Announcement!! After the crackdown on the practice of moonlighting, Wipro introduced 5-year salary plans for campus recruiters. Accordingly, Wipro has announced a five-year plan for detailing salary structure, including annual increments and bonuses, to ensure the expectation of new employees.

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Meanwhile, Wipro is engaged in activities to identify moonlighting employees. In this regard, Wipro’s Chief Human Resources Officer Saurabh Govil said that the company has announced a five-year plan from a career and compensation perspective. At the same time, he also explained how the salary of the employees will progress in the next five years. Apart from this, Wipro employees are also likely to be given a deferred bonus on top of the salary hike.

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Meanwhile, the company hired 15,000 people in the first 2 quarters of the financial year. Also, 85% of the company’s employees receive around 100% variable pay. However, Wipro’s attrition has been recorded at 20%. Wipro has said that it is using various technology to monitor those involved in moonlighting and will take strict action against them.

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