TCS pay increase: starting in April 2025, IT majors will get an 8% raise in their yearly compensation for the fiscal year 2025–2026.

TCS pay increase: According to media sources, an IT major's yearly pay would rise by up to 8% starting in April 2025 for the fiscal year 2025–2026. Employees at the company, however, are nonetheless dissatisfied and worried about the declining rates of raises.

Salary Increase at TCS: According to the news outlet the Economic Times, which cited sources with knowledge of the situation, TCS, the biggest IT company in India, plans to raise its employees' yearly salaries by 4 to 8% for the fiscal year 2025–2026.

According to the news source, the reimbursements are anticipated to begin in April 2025.

Additionally, Tata Consultancy Services has tied its variable payouts and wage increases to the employees' adherence to the return-to-office directive that was released in early 2024.

We've been informed that the rises will be between 4 and 8%. Although overall increments have not been very favorable, business verticals that have performed well usually receive higher rises, an IT firm employee told the news portal.

The news article claims that TCS did not answer any questions about this development.

For qualified employees, the most recent possible increase will be implemented after the quarterly variable pay (QVP) for the October–December quarter. According to the article, senior-level employees will continue to get lesser rewards, often between 20 and 40 percent.

Another eight-year TCS employee told the news outlet, "The hikes have been meagre each year for the past at least three-five years." They claimed that since former CEO N Chandrasekaran left, it has been declining.

Trends in the IT Industry
According to the research, Infosys Limited came in second place among India's IT majors after announcing that workers will receive letters of yearly compensation revision by the end of March 2025 and that it was working on raising salaries based on suggestions from the delivery units.

Numerous media outlets have reported that Infosys plans to raise its employees' yearly compensation by 5 to 8%.

According to the news portal, India's $254 billion IT sector is gradually slowing down from double-digit growth during the COVID-19 pandemic to single-digit growth in recent years.