IT services company Wipro today announced salary increase to eligible employees in India and abroad.
Wipro said the average salary hike, effective from June 1, will be 7 percent for offshore employees and 2 percent for its onsite employees. Wipro also offered substantially higher increases to high performers in their compensation.
The IT Services segment of Wipro had a headcount of 158,217 as of March 31, 2015. Recently, Wipro said it expects revenues from IT Services business to be in the range of $ 1,765 million to $ 1,793 million. Wipro added 65 new customers during the fourth quarter of fiscal 2015.