Infy, Wipro hike salaries

Infosys and Wipro on Thursday announced salary hikes to employees in India with Infosys announcing an average of 8 per cent hike for the fiscal 2014 and Wipro 6-8 per cent.

“The company announced an average increase of 8 per cent for employees based in India,” Infosys said in a statement.

 Employees based in other geographies, who have not been covered by salary increases in February 2013, can look forward to an average increase of 3 per cent, Infosys said adding that the increments will be effective July 1, 2013.

The Global sales force will see an average increase of 8 per cent which will be effective May 1, 2013.

Wipro, in a separate statement said that, "Commensurate with industry standards, Wipro has announced an average wage hike of 6-8 per cent,  for offshore employees and 2-3 per cent for onsite employees, effective June 2013.

In line with the practice of rewarding high performers, Wipro has awarded double-digit hikes for these employees."