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The report also noted that the company’s average yearly salary increase ranged between 4.5% and 7% in FY25. Only top performers were awarded double digit increments in India.
“However, during the course of the year, the total increase is in the range of 5.5-7.5%, after accounting for promotions and other event based compensation revisions. Employees outside India received a wage increase varying from 1.5-6%,” it said.
“The increase in remuneration is in line with the market trends in the respective countries. In order to ensure that remuneration reflects the Company’s performance, the performance pay is also linked to organization performance and individual utilization in addition to individual performance,” the report said.
The company has a total of 6,07,979 permanent employees on its payroll.
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