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Tech Mahindra to hike employee’s salaries by 7-12%

17 Jun 2013 Evaluate

Tech Mahindra, country’s mid-tier IT firm is reportedly planning to increase employee’s salaries by 7-12% this fiscal to ensure they do not lose talent to top players. The company has taken this decision following, the larger IT players, who announced wage hikes ranging between 6% and 10% for this fiscal.

Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra.

Peers
Company Name CMP
TCS 2085.90
Infosys 1019.20
HCL Technologies 1256.00
Wipro 164.80
Tech Mahindra 1555.00
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