Joining the league of handing out salary hikes is another IT industry, Mindtree. The company has assured a salary hike to about 22000 employees.
22000 Employees At Mindtree To Get Salary Hikes From January 1, 2021
IT company Mindtree has now announced that salary hike will be rolled out for employees which will be effective from January. The total number of employees at Mindtree was 24,827 at the end of the September quarter.
As per the Chief Executive Officer and Managing Director of Mindtree, Debashis Chatterjee, the company has completed the promotion cycle in the second quarter. He has also assured that the salary increments will be undertaken which will be effective from January 1, 2021.
In a virtual briefing, he said, “The world is slowly emerging from the challenges caused by the pandemic…we achieved our commitment of delivering profitable growth, quarter-over-quarter, and also successfully navigating through the challenging business environment.”
As per Chatterjee, the increase in salaries will align with the industry standards and the company will also continue with the hiring process based on its requirements.