LTIMindtree has delayed its salary hikes for the financial year 2025-2026 (FY26).
The hikes will now be spread over two quarters: half of the employees will receive them from January 1, 2026, while the others will receive them from April 1, 2026. The development was confirmed by Venu Lambu, Chief Executive Officer (CEO) and Managing Director (MD) of LTIMindtree, during the company’s second-quarter earnings conference call on October 16, 2025.
“This may be the new normal going forward as well. We may not have a one wage hike in one particular quarter for all employees. We are beginning from this time. We will have the wage hike spread over two quarters. The first tranche will be effective from January 1, and the second one will be in the April 1 quarter. And I would expect that we will have to adjust to the new normal, that we will have two stages of increments coming in our employee base,” said Lambu.
The CEO also discussed the reasons behind the change in the hike pattern, stating that “the topic of wage hikes is evolving” since the industry as well as the company are going through a significant “inflexion point.”
“There are a lot of opportunities on the other side of the inflexion point. And one of the critical aspects of the journey, travelling together with our employees, is about how we cross-skill and upskill them to the next AI requirement or AI projects that keep coming to us,” Lambu explained.
“In the agent AI era, the skill becomes a very critical element of that. So we take our employees along that skilling program, and that’s already in progress, and that will continue to accelerate,” the CEO added.
The wage hike delay for FY26 is not the first time LTIMindtree has delayed its salary hikes. For FY25, the company had released its hikes in the third quarter (October-December). Similarly, in FY24, the salary hikes were delayed from April to August.
