Wipro To Roll Out Promotions in Next 3 Months; Nearly 1.85 Lakh Employees to Benefit!
Home > News Shots > Business newsAmid the COVID-19 crisis, top software major company Wipro plans to roll out promotions to select employees in three months from now, which is in December. This promotion is to reward employees for ensuring business continuity and service during the pandemic.
Currently, more than 95 percent of Wipro's employees are working from home.
“Our employees have shown remarkable resolve and resilience in ensuring seamless business continuity and maintaining high standards of service in these challenging times. Wipro will roll out promotions for high performers in bands up to B3 effective December 1, 2020. Bands up to B3 form about 80 percent of the company’s workforce. Separately, Band Team-Rainbow or engineering campus hires will receive confirmatory hikes effective December, 1," Wipro confirmed the move saying.
Meanwhile, full details on the quantum of hike and how many employees will be impacted with this are awaited. As per Times Now report, the annual increments at Wipro usually happen in June, but due to the pandemic, the company had earlier said in April that this will be deferred indefinitely. By taking a call based on how the business moves.
Wipro also said that it will honour all job offers made in engineering and MBA institutes.
A week back, Wipro chairman Rishad Premji recently said he would personally want people to come back to office as it will help build culture and foster innovation. Currently, nearly 98 percent of Wipro's employees continue to work from home. Also, less than 2 percent of its employees or 3,000 out of 1.85 lakh employees come into the Wipro office, with the remaining working from home.
Due to the COVID-19 in cases, the company is not opening up till September end and might extend to December end.
"Customers have been incredibly supportive. The government has been incredibly supportive in terms of providing a relaxation on rules and requirements that you have to work from SEZ units. We are having more conversations with the government as to how we can make this a permanent feature. We will never go back to a hundred percent of the old model actually. Equally, I personally am of the view that we want people to come back, so we will never have anybody working from home all of the time. Equally we would have all of our people working from home some of the time," Premji added during a conversation with Chiratae Ventures founder and chairman Sudhir Sethi.
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