38.6c New Delhi, India, Friday, March 29, 2024
Business

80% of Wipro employees eligible for promotion, increments at pre-COVID levels

By Rocky Das      23 October, 2020 05:35 PM      0 Comments
80% of Wipro employees eligible for promotion, increments at pre-COVID levels

Wipro’s Chief human resource officer Mr. Sourav Gill told CNBC TV-18 that the company is still in the process of robust the hiring procedures despite the COVID-19 situation. The company had already hired 20,000 employees in the last two quarters - 7000 in the 1st and 13000 in the 2nd quarter respectively. The company has a focus to strengthen its business operations by maximizing human resources by the end of the current financial year. 

Mr. Gill also stated that the company is all set for promotions and will provide an increment to the concerned employees effectively. Out of 1.85 lacs employees, near about 80% of the stats are eligible for promotion and hike in their salaries as well. While the company has an 11% trail rate in the past 12 months and has a gross utilization rate of 76.4 %, the growth of the company seems sound and good in the past financial year. Gill further informed CNBC that near about 70% of employees are being localized in the United States, the formed changes in the H1 B visa by the trump administration would also affect the hike in the wages of those concerned employees.

 

Mr. Gill statement represents that: -

 

“We would be doing employee interventions in the current fiscal. Promotions are eligible for 80 percent of the workforce, though it has not yet been decided on how many will be promoted. Increments will be at pre-Covid levels to high-performing employees.”



Share this article:



Leave a feedback about this
TRENDING NEWS

arvind-kejriwals-plea-for-interim-release-rejected-by-delhi-high-court
Trending Judiciary
Arvind Kejriwal's plea for interim release rejected by Delhi High Court [Read Order]

Delhi High Court rejects Arvind Kejriwal's plea for interim release in money laundering case related to liquor policy scam, pending ED's response.

28 March, 2024 10:50 AM
youtuber-strings-plea-against-youtube-accounts-suspension-andhra-pradesh-hc-issues-notice-to-centre-google
Trending Top Stories
BREAKING: Youtuber String’s plea against Youtube accounts suspension: Andhra Pradesh HC issues notice to Centre, Google

Andhra Pradesh High Court issues notice to the Centre and Google LLC on Youtube journalist String’s plea against suspension of its accounts by Google (which owns Youtube).

28 March, 2024 11:26 AM

TOP STORIES

delhi-liquor-scam-court-remands-arvind-kejriwal-to-ed-custody-till-march-28-read-remand-application
Trending Judiciary
Delhi liquor scam: Court remands Arvind Kejriwal to ED custody till March 28 [Read Order]

Delhi liquor scam: Arvind Kejriwal remanded to ED custody till March 28. Court grants agency permission for interrogation in liquor policy case.

23 March, 2024 11:53 AM
sc-dismisses-centres-plea-for-review-of-judgment-directing-ed-to-furnish-written-grounds-of-arrest-to-pmla-accused
Trending Judiciary
SC dismisses Centre’s plea for review of judgment directing ED to furnish written grounds of arrest to PMLA accused [Read Order]

Supreme Court dismisses Centre's plea, upholds judgment mandating Enforcement Directorate to provide written grounds of arrest in PMLA cases.

23 March, 2024 03:14 PM
kerala-hc-to-hear-lesbian-couples-plea-against-forced-conversion-therapy-on-april-9
Trending Judiciary
Kerala HC to hear lesbian couple’s plea against forced conversion therapy on April 9

Kerala HC will hear a lesbian couple’s plea highlighting that one of them was subjected to forced conversion therapy.

23 March, 2024 03:30 PM
how-can-people-be-compelled-to-vote-madras-hc-asks
Trending Judiciary
“How can people be compelled to vote? Madras HC asks

“How can people be compelled to vote?”, the Madras HC queried in a plea asking employers in Tamil Nadu to demand proof from employees of having voted on polling day.

23 March, 2024 05:04 PM

ADVERTISEMENT


Join Group

Signup for Our Newsletter

Get Exclusive access to members only content by email