TCS Implements Annual Salary Hikes Effective April 1, Focuses on AI Skills
TCS announces annual salary hikes across all grades effective April 1
Business Standard
Image: Business Standard
Tata Consultancy Services (TCS), India's largest IT services firm, announced annual salary hikes effective April 1 across all grades. The company aims to build an AI-first culture and reported a total headcount of 584,519, down from 607,979 the previous year.
- 01TCS will implement salary hikes across all grades starting April 1.
- 02The company aims to enhance AI skills among its workforce.
- 03Total headcount decreased year-on-year but increased quarter-on-quarter.
- 04Previous salary hikes in FY25 were delayed until September 2025.
- 05High performers received double-digit salary increases last year.
Advertisement
In-Article Ad
Tata Consultancy Services (TCS), the largest IT services firm in India, has announced annual salary hikes effective from April 1 across all employee grades. While the exact percentage of the hikes remains undisclosed, the company is focusing on developing an AI-first culture and equipping its workforce with AI-ready skills in the upcoming fiscal years. TCS reported a total headcount of 584,519 at the end of FY26, a decrease from 607,979 in FY25, although it added 2,356 employees in the last quarter. In FY25, salary hikes were delayed until September 2025, with increases ranging from 4.5% to 7%, while high performers received double-digit raises. The company emphasizes its commitment to investing in a future-ready workforce to meet evolving customer needs.
Advertisement
In-Article Ad
The salary hikes could positively affect employee morale and retention, especially among high performers. This move may also enhance TCS's competitive edge in the IT sector as it invests in AI skills.
Advertisement
In-Article Ad
Reader Poll
Do you think salary hikes are essential for employee retention in IT companies?
Connecting to poll...
More about Tata Consultancy Services
Read the original article
Visit the source for the complete story.