Pay
hikes back for techies
Things get better
HCL Tech plans to hire 2,000 by Dec-Jan; considering salary hikes for
top performers Infosys said it will be starting compensation review
for need-based promotion starting Oct Mahindra Satyam will reinstate
variable pay across employee levels starting Oct 1 Employers are
talking about hiring, salary hikes and promotions after almost a year
of cost cutting that involved lay-offs, lower perks and recruitment
freezes.
HCL Technologies
plans to hire 2,000 people over the next quarter, including some
fresh graduates. It has started the process of identifying its top
performers for a salary hike.
"We plan to
hire 2,000 people in the next three to four months," D.K.
Srivastava, global HR head for HCL Tech, told Hindustan Times.
"Promotions will continue and we will reward our consistent top
performers this year as well," he added, saying the extent will
vary between employees, he said.
Infosys Technologies
said last week that it would start a compensation review exercise for
"need-based promotion" starting October 1, signalling a new
employee welfare initiative. Mahindra Satyam is also trying to
rebuild its corporate image and employer brand after the Mahindras
took over the corporate fraud-hit Satyam Computer Services, and
renamed it.
