TCS Gifts 2nd Salary Hike To Employees In Six Months

Software Mogul Tata Consultancy Services has become the first IT Services company to announce increment for FY22 for all its employees, effective from April 1. Reportedly, the decision came after the company recorded a 7% increase in its net profit during third quarter, highest in last nine years, despite COVID-19 uncertainties. The salary hike will help employees with a 12-14% average increment in six months' time. Earlier, the company had announced hike in October 2020.