TCS is likely to offer an average salary hike of 7-8% to remote workers

Tata Consultancy Services (TCS), India’s largest IT services company, plans to increase salaries by an average of 7 to 8 percent for its remote employees and 2 to 4 percent for its internal employees by 2024-2025. Top performers can expect an increase of 12 to 15 percent.

The company, which had 603,305 employees as of December 31, 2023, will keep a close eye on the promotions and the process may also be pushed to the first quarter of FY25, a source revealed on condition of anonymity as he is not authorized to discuss to talk to the media. These increases will be effective