Wipro announces quarterly promotions for top performers amid high attrition

Wipro plans to boost the salaries of most of its workforce by 10% in September 2022. The top performers are likely to receive a 15% hike

As India's technology sector continues to see a Covid-19-induced boom, IT giant Wipro Ltd has now decided to overhaul its employee bonuses and increments in order to curb high attrition. Wipro also aims to attract fresh talent with this latest move, a report in Livemint said. 

India's fourth-largest software firm Wipro plans to offer employee promotions every quarter and boost the salaries of most of its workforce by 10 per cent in September 2022. The top performers are likely to receive a 15 per cent hike, a first for the Bengaluru-based company. 

Wipro's move comes at a time when the