TCS is planning salary hike for employees; may announce soon
Commenting on the hikes, Lakkad said that TCS employs over 6 lakh employees and the firm may announce the salary hikes. The firm safetysignandlabel.com.au has planned to give salary hikes similar to last year’s hike. Further emphasising hiring layoffs employees from startups, Lakkad has said that TCS is specifically looking for talent in user experience design, artificial intelligence, many aspects of the cloud, and product experience. As per a report, when he was questioned about whether TCS would be reviewing its stock options schemes, given that startups attract a lot of talent based on such offers, Lakkad said it is continuing to evaluate this aspect as it feels that both loyalty and performance play a significant role.