TCS Expected to Provide with 7-8% Average Salary Increase for Offsite Employees

Tata Consultancy Services (TCS) is allegedly proposing to raise compensation by an average of 7-8% for offshore personnel and 2-4% for onsite employees in 2024-25.

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According to an exclusive study in Business Standard, top achievers may anticipate a 12-15% increase.

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These increases will take effect April 1, 2024. "The salary increment process is nearing completion, but promotions, especially at the top level, are under strict scrutiny due to cost concerns,"

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TCS allegedly awarded compensation increments ranging from 6 to 9% in FY24, with exceptional achievers obtaining 12 to 15% increases.

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Top junior cadre achievers are claimed to have gotten 10-11% raises in FY24, a trend that is expected to continue in FY25.

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TCS Expected to Provide with 7-8% Average Salary Increase for Offsite Employees

Tata Consultancy Services (TCS) is allegedly proposing to raise compensation by an average of 7-8% for offshore personnel and 2-4% for onsite employees in 2024-25.

According to an exclusive study in Business Standard, top achievers may anticipate a 12-15% increase.

These increases will take effect April 1, 2024. "The salary increment process is nearing completion, but promotions, especially at the top level, are under strict scrutiny due to cost concerns,"

TCS allegedly awarded compensation increments ranging from 6 to 9% in FY24, with exceptional achievers obtaining 12 to 15% increases.

Top junior cadre achievers are claimed to have gotten 10-11% raises in FY24, a trend that is expected to continue in FY25.

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