However, there has been no salary hike for senior employees. It is also worth noting that this is the lowest increase the company has made in the last four years. This decision comes after the biggest layoff ever done by the company in July. The company is moving ahead on AI-based automation and cost cutting strategy.

Will be considered effective from September 1

According to sources, since late Monday evening, the company has started sending letters related to salary hike to the employees. This increase will be considered effective from September 1. The official reply to the email sent by the company is still awaited. Tata Consultancy Services (TCS) has announced the lowest salary hike in the last four years for the financial year 2025-26. This decision comes after the biggest layoff ever done by the company in July, indicating that TCS is now moving rapidly towards AI-based automation and cost cutting strategy.

The company has been in discussion regarding the decisions

For the last two months, the company has been in the news for its HR-related decisions. For the last few months, TCS has been in the news for its Human Resource (HR)-related decisions. First, the salary hike was postponed due to market uncertainty. Then, suddenly, the company announced the layoff of 2% of its employees (about 12,000 people). And now, it has been decided to give a salary hike to 80% of its employees.

Top performers got more than 10% hike

Sources also say that most of the lower to middle level employees have been eligible for salary hikes. At the same time, top performers have been given salary hikes of more than 10%. TCS has recorded an attrition rate of 13.8% in the June 2025 quarter, which is slightly higher than the previous quarter. The company has considered this to be slightly above its “comfort zone” (11–13%).

The post TCS increased the salary of employees, the lowest increase in 4 years, know when it will be effective first appeared on Rightsofemployees.com.

However, this is not a company related to the IT sector. Here we are talking about Amazon. Amazon has shown the way out to more than 100 staff from the Wondery podcast division of its audio business.

110 people were fired from the company

The company has laid off 110 people, including Wondery’s CEO. In a note to employees, Amazon’s Vice President of Audio, Twitch and Games, Steve Boom, said that narrative and story-based podcast series such as Dr. Death, American Scandal and Business Wars will now be managed under Amazon’s audiobook service Audible. The company is now moving towards creator-led, video-based content.

Preferences are changing regarding podcasts

Podcasts featuring creators and celebrities—such as New Heights with Jason and Travis Kelsey, Mind the Game, and Armchair Expert—will be housed in a new Creator Services group within Amazon’s Talent Services division. Some podcasts will be produced by the Wondery brand. Amazon says the change is driven by podcast consumption. As video-style shows featuring personalities become more popular, especially on platforms like YouTube and Spotify, new strategies are being used to drive advertising, profitability, and discoverability.

Wondery’s identity will remain

The company says that most of the employees who have been laid off from the Wondery podcast division have taken up some other work within the company. Despite this major change, the brand identity as Wondery will remain. Some creator-based shows will continue under its name and its Wondery+ app will also continue.

The post Amazon Fires CEO Along With 100+ Employees – Details Here first appeared on Rightsofemployees.com.

According to media reports, this increment is expected to be between 4% to 8%. Earlier during the Covid-19 pandemic, salary hike was happening in double digits. But now it has fallen to single digit.

The pace of salary hike has slowed down than before

According to the news published in ET, due to global economic challenges, the pace of salary hike in the IT sector has slowed down. Earlier, during the time of Covid-19, IT employees were getting good hikes. According to the report, employees working in business verticals which have performed well will get good salary hikes. But the overall salary hike will not be very encouraging.

Plan to hire 40000 new freshers

In the financial year 2022 (FY22), TCS gave an average salary hike of 10.5% to its employees. After this, in the year 2024 (FY24) it came down to between 7-9%. Now in the year 2025, the salary hike is expected to decrease further to between 4-8%. As of December 2024, a total of 6,07,354 employees are working in TCS. The company is planning to hire 40,000 new freshers by March 2025. The company’s recruitment target for the financial year 2026 (FY26) will be even higher.

Bonus linked to return-to-office policy

TCS has linked the salary hike and bonus of its employees to the return-to-office (RTO) policy. In early 2024, the company had announced that employees would have to come to the office regularly. Employees who follow this policy can get benefits in salary hike and bonus. TCS reported a net profit of Rs 12,380 crore in the third quarter (October-December 2024) of the financial year 2024-25, showing a growth of 5.5% year-on-year (YoY).

During this period, the company’s revenue hike was 5.6% and it reached Rs 63,973 crore. On the basis of constant currency, TCS’s income increased by 4.5%. The country’s second largest IT company Infosys is also preparing to give salary hike to its employees. The company can issue increment letter by the end of February. The average salary hike in Infosys is likely to be between 5% to 8%. Infosys currently has more than 3.23 lakh employees.

Related Articles:-

• IMD Alert: There will be heavy rain in these states with thunderstorms in the next 48 hours
• SBI Jannivesh SIP: Invest Rs 250 per month…will get around 5 lakhs, Check Details
• School Time Change- Govt Has Changed The School Timings From Today – Check Details
• BJP’s Big Plan in Support of One Nation-One Election, Discussed in the Meeting
• Visa Free Travel: THIS Country Has Extended Visa Free Travel For Indian citizens For 2 Years – Know Details

The post TCS to roll out 4-8% salary hikes in March, know how much will be the benefit? first appeared on Rightsofemployees.com.

Tata Consultancy Services: Tata Consultancy Services has suffered two major setbacks in a week. An American court has imposed a fine of $210 million on TCS. The company was accused by DXC Technology of stealing trade secrets. DXC was earlier known as CSC. Hearing the case of DXC, a Texas court has given this decision. However, TCS has objected to the decision and said that it will take the matter to trial again. Only last week, TCS was fined $140 million in the Epic Systems case. TCS is likely to suffer huge losses due to these decisions of the American courts.

A fine of $140 million was imposed just a week ago

Just a week ago, the US Supreme Court, while hearing the petition of Epic Systems, had imposed a fine of $ 140 million on TCS. The Indian company was accused of stealing intellectual property. After this, TCS had informed that they are expecting a loss of $ 125 million in the third quarter of the current financial year.

Gathered information about software by giving jobs

CSC and Transamerica entered into a partnership in 2014. TCS was working in collaboration with Transamerica. After this, in 2019, DXC accused TCS of giving jobs to 2200 employees of Transamerica. With its help he got knowledge about CSC software. DXC Technology was formed by the merger of Computer Sciences Corporation and Apache. The court said that TCS created its software using two software of DXC. Because of this, the charge of stealing trade secrets against them is proved.

TCS will fight further

The company spokesperson said that we respectfully oppose this decision and will approach the High Court. The company did not do any wrong in the American market. The allegations against us are not true.

The post TCS Fine: TCS was fined millions of dollars for the second time in a week, Details here first appeared on Rightsofemployees.com.

The complaint alleged that TCS was unfairly forcing its more than 2000 employees to transfer to different cities. NITES has requested the Labor Ministry to look into possible labor code violations. Along with this, a request has been made to take action against TCS.

Appeal to make new rules: According to the news of Live Mint, Harpreet Singh of NITES said that we also request the ministry to make new policies and rules regarding unethical transfer of IT employees. According to the complaint dated November 15, these forced transfers are causing immense hardship to both the workers and their families. NITES said it has received more than 180 complaints from employees.

A TCS official told Mint that these transfers are routine. However, there has been no official response from the company on this. NITES has also highlighted the lack of clarity in TCS’ communication regarding transfers. It had earlier accused TCS of delaying new appointments and demanded compensation for those affected.

The post TCS is forcibly transferring employees ? complaint reached the government first appeared on Rightsofemployees.com.

According to whom the news came

According to the report of English financial portal Moneycontrol, managers of different departments of TCS are asking their employees in e-mail to work from office five days a week. However, according to information received from sources, TCS will also adopt hybrid policy and flexibility so that some exceptions can be made when needed.

Instructions given in internal mail

CNBC-TV18 has seen an internal mail from TCS which reads “As informed by the CEO and Chief Human Resource Officer (CHRO) in various townhalls, for all associates from October 1, 2023 on all working days (if If there are no holidays, it is mandatory to be present in the office for 5 days every week.

This is a big change from TCS’s previous stance, which said that from September 2022, employees need to follow the roster and be in the office three days a week. It had also warned the employees of facing consequences if they did not follow this roster.

What answer did TCS give?

According to sources, the email has not been sent to all the teams and it is being sent in different ways. TCS declined to comment on Moneycontrol’s queries, saying that the company is ‘currently in a silent period’.

Know about TCS employees

TCS has 615,318 employees in the quarter ending June 30, 2023. According to the company’s annual report for the financial year 2023, the workforce that TCS has today has been hired after March 2020.

The post Work From Home Ends: Big news! Employees in this company will have to go to office 5 days a week from October 1st first appeared on Rightsofemployees.com.

The company also informed that Dr. Harrick Win, Chief Services Innovation Officer, will take over as SMP from August 1. Apart from this, the company has made many major changes, which we have explained in detail here.

Major changes in senior management positions

Dr Harrick Win is a TCS Fellow with over three decades of experience in academia and industry. Prior to this, Harrick was the head of TCS Digitate. TCS also announced that Rajshree R will no longer be an SMP. Shankar Narayanan, V Rajanna, Ashok Pai, Reguraman Ayyaswamy and Siva Ganesan will be designated as SMPs from July 31.

Who is Shankar Narayanan

Shankar Narayan is the Senior Vice President of the company and has been with TCS for over three decades. He has held key responsibilities including Global Head of Retail, CPG, Travel & Hospitality, UK and Ireland market head of TCS, among others.

About Ashok Pai

Ashok Pai is the company’s Senior Vice President and Global Head of CBO. Pai has played a huge role in helping enterprises keep pace with the digital economy.

Reguraman Ayyaswamy with TCS since 29 years

Moreover, Reguraman Ayyaswamy has been with TCS for 29 years. He is the global head of the company’s Internet of Things (IoT) and digital engineering units. He has helped build value-based solutions and services to accelerate integrated manufacturing and product development.

Who is Shiv Ganesan

Siva Ganesan, Global Head of Microsoft Business Unit, has been with TCS for over 32 years. He has experience in sales, operations, program management, delivery and global account management.

About V Rajanna

V Rajanna heads the communications, media and technology business of TCS. When he was the head of the Hyderabad center of the IT consultancy firm, he played a key role in its growth.

The post TCS has announced changes in its Senior Management Positions, know details first appeared on Rightsofemployees.com.

This is the first time that the chairman of the company has openly given information about this. The company had set up an inquiry regarding irregularities in the recruitment process. Regarding the investigation, he said in the AGM, “We found that 6 employees did not follow the ethical conduct.

At the moment we cannot say what favors they got in return, but it is certain that they acted in such a way that those firms got benefited. We have banned all those six employees and companies. Investigation is on against three more employees.”

Ethical conduct is more important than money.

In his address, the TCS chairperson said that ethical conduct and integrity come before financial performance for any Tata Group company, and every employee is expected to follow them. Whenever these are violated by any employee in the Tata Group, we take it very seriously. We will take strict action in this matter. Along with this, he said that the company will take necessary steps to prevent such incidents from happening in the future.

How did the matter come to light?

Chandrasekaran told that in February-March this year, two whistle blowers drew attention to this matter. These whistle blowers complained to CEO K Krithivasan and COO Natarajan Ganapathy that some employees have shown favoritism and favors in the recruitment of Business Associates. Basically TCS recruits people in two ways. One is from the hiring side, who recruit people for different departments. However, many times when people with particular skills are needed for a project, their hiring is done by business associate firms on a contract basis.

Business associates make up two to three percent of the company’s total work force at any point of time. In the complaints received by the company, it was written that some employees of the company are hiring people in their favor by working with some BA firms.

The chairperson said, “TCS works with many BA firms. The company hires a BA firm after a difficult process. The company works with around 1000 such firms across the world, as the company needs to hire workforce in 55 countries.

In its investigation, TCS found two cases of giving favors to BA firms. One in India and one in the US. India’s case was investigated by a senior officer of the company, while America’s case was investigated by an external officer. After being found guilty in the investigation, the company took action against six employees and six BA firms.

Chandrasekaran told that no key managerial person of the company was involved in this matter. He also said that there was no fraud by the company or against the company and there was no financial loss.

The post TCS Employees fired! Big news! TCS has fired its 6 employees and also banned them first appeared on Rightsofemployees.com.

India’s largest IT company Tata Consultancy Services (TCS) has issued a strict order regarding the return to its office policy. The company has started sending memos to those employees who are not completing at least 12 days work from office in a month.

The memos warned the employees that disciplinary action would be initiated if they did not follow the roster. This memo states that you are hereby warned and directed to start reporting to work from your office location with immediate effect.

During the Corona period, companies had given the facility of work from home. Companies have reopened their offices when the cases of Corona decrease. But many employees are not coming to office. Instead of working from home. There is a tussle between the management and the employees in many companies regarding this.

What is the company’s

Policy When asked about the company’s policy, the company said that many people have joined the company in the last two years, and it is important for the employees to know the place better so that the results are good. TCS believes that working from office helps in fulfilling the purpose and the company expects people to work from office for a few days. So, it is making sure that the employees follow the rules. In October, the company had told its employees that the manager would roster them (call to office) three days a week, which they have to follow.

If the employee does not come, the salary will be deducted and leave

TCS told the employees that work from home will not be promoted except for medical emergency. TCS was one of the first IT services companies to call its employees back to office. It is also the only company so far to strictly implement it. The company also informed that the salary or leave of the employees who do not follow the roster will be deducted.

The post TCS Company New Order! If the employee does not come to the office, salary and leave will be deducted first appeared on Rightsofemployees.com.

Now Tata Consultancy Services ( TCS ) has also issued Form-16 for its employees ahead of time. With this, TCS employees can file ITR ahead of time and will be free from the hassle of paying late fees.

According to the new tax regime, the deadline for filing income tax returns for the taxpayers for the financial year 2022-23 has been fixed as 31 July 2023. For this, the Income Tax Department has issued offline forms for Income Tax Return Form ITR-1 and ITR-4. Salaried taxpayers need Form-16 to file ITR to avail tax deduction.

According to the Income Tax Department, Form 16 contains the complete record of salary and tax paid by salaried taxpayers. It acts as an essential proof whether you have paid tax to the government or not. While filing income tax return, salaried taxpayers have to submit Form 16 as a strong proof of their income and tax paid.

Lakshminarayanan GS, deputy chief finance officer of Tata Consultancy Services (TCS), told that the company has made Form 16 available to its more than 6,00,000 employees. It usually continues till June. Salaried taxpayers can obtain Form 16 from their employer immediately following the financial year in which tax is deducted.

If an employer delays or fails to issue Form 16 by the specified date, 16th June, then he has to pay a penalty. he internal payroll team of TCS started the process for Form 16 in early September 2022 itself. Ashwini Kennedy, Head of Global Employee Services, Corporate Finance, TCS, said that we actually have more than 6,00,000 associates spread across more than 50 countries.

We process over 1 million payslips annually. He said that the main purpose of issuing Form 16 ahead of time is to provide a bigger window to the employees to file their tax returns.

Related Article

The post TCS Form 16 Released: TCS also issued Form-16 for employees ahead of time, will be able to file ITR soon first appeared on Rightsofemployees.com.