TCS to announce salary hikes for FY22, second for company in 6 months

With salary hike in Financial Year 2021-22, TCS employees will get around 12-14 per cent average increment in six months' time

Tata Consultancy Services (TCS), India’s largest information technology (IT) firm, is set to roll out salary hikes for all of its over 469,000 employees from April 2021 – the second raise in six months. TCS has also become the first IT services player to announce salary hikes for FY22.

In October last year, the company had hiked salaries in the range of 6-8 per cent. With the forthcoming hike, TCS employees will get an average increment of 12-14 per cent in six months.

When contacted, a company spokesperson said, “We can confirm that we are on track to give increments to all