Tata Consultancy Services (TCS) leadership has shared the latest updates on their wage hikes for 2025.
Chief Financial Officer (CFO) Samir Seksari stated, “My priority is getting back to the wage hike.” He added that TCS “rarely” decides to delay their salary hikes when compared to others within the industry.
Speaking to PTI after the release of the result of Q1 FY26, Seksari shared that TCS is focusing on growth. “Our focus will be growth with profitability. Only profitability without growth doesn’t help,” he explained.
Seksari also expressed concern over the increase in attrition within TCS, stating that the company is focusing on retaining its top-tier talent. He shared that since TCS has capacity at the moment, the company might slow down on lateral hirings.
Milind Lakkad, TCS’ Executive Vice President and Chief Human Resources Officer (CHRO), also shared an update regarding wage hikes within the company. “With respect to wage hikes, we have not made any decisions so far,” he shared.
Earlier in the year, in April 2025, Lakkad had stated that the salary hikes had been put on hold due to the growing uncertainties within the global market. TCS usually rolls out its wage hikes in April of every year, making the delay that much more evident.