Overview
- Raises cover employees up to grade C3A, while senior bands C3B–C5 are excluded, according to an internal email from the HR leadership.
- Increment letters were issued late Monday and the revised pay will reflect in September payrolls, with no retrospective payout reported.
- High performers are receiving larger increases, with multiple reports citing awards above 10%.
- The rollout coincides with a planned reduction of about 2% of roles — roughly 12,000 mid- and senior-level positions — and scrutiny of new bench rules that cap unallocated days at 35 with a 225 billed days target.
- TCS reported attrition at 13.8% in the June quarter as it resumes its appraisal cycle after delays and delivers one of its leanest hikes in recent years.