Wipro to give highest increment for niche skills

Wipro will give salary increments this year, and the increments will be most for certain skill sets that are in short supply.

BANGALORE: Wipro will give salary increments this year, and the increments will be most for certain skill sets that are in short supply.

The company's HR head Saurabh Govil said the highest increments would be for those like software architects, programme managers, domain specialists, delivery heads and customer relationship executives.

"We have to hold on to such people, so we have to give differential increments," he said.

The increments will be with effect from June 1, Wipro's traditional increment cycle. Govil said it was too early to say how much the increments would be.

Fresher hiring in the coming year will be more robust than last year, but Govil indicated that fresher salaries were likely to remain stagnant at between Rs 3 lakh and Rs 3.5 lakh.

Fresher salaries have been stagnant now for several years, given the huge increase in the number of engineering colleges and their output of fresh grads, combined with the sharp slowdown in demand for manpower from IT companies.

Wipro has actually seen a dip in its overall employee numbers in each of the last two quarters. In the entire nine months of this year, the company's total strength has moved up by just 590 — from 145,812 employees at the end of the last fiscal (ending March) to 146,402 at the end of December. This, in a company, that not very long ago used to add many thousands of employees each quarter.

Govil said this partly reflected the enormous efforts at automation. "The equation between revenue growth and headcount growth is changing. IT is industrializing," he said.

He said some of the hiring will move to customer locations overseas. "For the transformational work that we are doing more of, we need more people onsite," he said.

The US and UK have been traditionally big markets for Wipro. Continental Europe, Australia and South Africa are also now becoming increasingly important
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