TCS Q4 revenue boost, double hikes for top performer employees
TCS’s Chief HR Officer announced the salary hike of 4.5% to 7%. It depends on the employee’s performance. Employees with exceptional performance will receive double increments. Every year TCS hires 40,000 freshers students in the financial year 2024. TCS (Tata Consultancy Services) is one of India’s largest IT companies. Recently the TCS revenue boost has revealed the plans for annual increments for TCS employees.
Milind Lakkad, Chief HR Officer made the decision and announced on 12th April 2024 to increase salary in the range of 4.5% -7%. This has been continuously going as per new rules and regulation.
TCS Q4 revenue boost
TCS reported a 9% increase in net profit revenue of Rs. 12434 crore for the IV quarterly results of the Financial Year 2024 and in the last year it was Rs. 11392 as per the annual reports. The financial performance of TCS has maintained a standard as compared to other MNC companies. The employees will get the profit as per the range mentioned by the team.
Doing and implementing these policies help the company to grow forward and will be helpful in the future. This information is for all who are preparing to get selected in TCS or working in TCS. As per the last reports and news about the recession and cross-cutting of the employees. TCS decided to improve the scenarios after the lockdown of Covid-19.
About TCS
Tata Consultancy Services provides IT services, business consulting services, and solution organization services all over the world. For the past 50 years, TCS has been leading the biggest MNC in other countries as well. It is working in every sector of the organization. It starts with the private sector to Indian government sector services. Each country has its operational head and directors. It manages the staff and provides multi-sectional tasks. This helps them to learn and get complete information about the field