Wipro Limited has announced its financial results under International Financial Reporting Standards (IFRS) for the Quarter and Year ended March 31, 2021.
The firm reported ₹619.4 billion ($8.5 billion) gross revenue, an increase of 1.5% YoY, for the year ended March 31, 2021.
“We have robust hiring plans for freshers and lateral hiring. We have hired about 3,000 freshers in Q4, with a gross hiring of 18,000 people. We will be more aggressive on hiring plans given the demand,” informed CHRO Saurabh Govil in a press conference.
“We gave salary hikes to 80 percent of employees in January 2021. We are doing skill-based differentiated bonuses as we speak. We are going to give salary hikes for senior employees starting June. We are doing promotions for all employees,” he said.
“The company is looking at multiple measures to retain employees as the demand for niche talents increases which include rolling out promotions across bands, skill-based bonuses and salary hikes for senior employees in June this year,” Thierry Delaporte, CEO added.
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.