Infosys, Wipro salaries in India grew 30% since FY21

economictimes.indiatimes.com

Indian IT firms Infosys and Wipro have increased median employee salaries by 30% since fiscal year 2021, reflecting significant wage growth. This increase, from approximately 7 lakh rupees in FY21 to 10 lakh rupees in FY24, contrasts with Tech Mahindra's flatter growth. Global firms like Cognizant and Accenture saw more moderate increases, with their median compensation now at $14,640 and $22,106. Despite the overall salary growth, the rate of annual increments is slowing across the industry, influenced by factors like growth, competition, and attrition.


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Infosys, Wipro salaries in India grew 30% since FY21 | News Minimalist