Wipro announces salary hike across board

by CXOtoday Staff    Mar 24, 2011

salary hikeWipro yesterday announced that it has completed some organizational changes it had planned and has assured employees of its IT business salary hikes across the board.

“Continuing our design principle on having a single axis, we took advice from an external strategy consulting firm to finalize how to goal service lines and business units. This is now ready and will be shared with the leadership teams by next week,” informed TK Kurien, CEO, Wipro.

Kurien confirmed that, a cross-functional team is working on the data review and structure finalization to migrate the data to the new organization structure by middle of April. He also said that he would update the employees on the timing for salary increase process for the IT business by the first week of April.

The company had announced during its third quarter results that it will align itself to create a ‘bolder, simpler and leaner’ organization, and the company had discarded its joint CEO model and appointed Kurien as the sole CEO earlier this year.