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Home World India

IT companies appraisal, hike cycles shift from June to September quarter

6 October 2024
in India
IT companies appraisal, hike cycles shift from June to September quarter
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Many IT companies in Bengaluru are now shifting the timing of salary increases from the traditional April-June period to the third quarter of the year, leading to uncertainty as the process is influenced by demand outlook. Salary increases have become more unpredictable, with varying frequency and timing across industries and companies. The duration between wage hikes has also become less consistent, making the process more uncertain for employees.

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Tags: appraisalcompaniescycleshikeJuneQuarterSeptembershift
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