India's Wipro likely to skip pay hikes for top performers in key business line

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Celebrating Wild Caraway: Taste of Nova Scotia's Restaurant of the Year | SaltWireBENGALURU - Wipro may skip giving hikes to"top performers with higher compensation" in its largest business line in the upcoming round of salary revisions in December, according to an internal memo seen by Reuters.

Wipro will prioritise employees with lower compensation among those eligible for a raise, Bandaru highlighted, adding that"top performers with higher compensation may not be covered in this cycle".Wipro Enterprise Futuring, one of four global business lines at the Bengaluru-based firm created as part of an organisational overhaul in April, deals with large-scale digital and tech transformation for companies.

Salary bills are the biggest contributor to expenses for IT companies, typically accounting for over 60%.

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