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TCS gives salary hikes 1215 raise to exceptional performers

Admin - 10 months ago
Iom
Business
Tata Consultancy Services (TCS) has rolled out its annual salary increase with effect from April 1, 2023, the company's CFO Samir Seksaria said on Wednesday. "Our operating margin of 23.2% reflects the 200-bps impact of this hike, offset through improved efficiencies," he added. TCS has given a 12-15% raise to exceptional performers and also commenced the promotions cycle.
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