"TCS Announces 4.5-7% Salary Hike for 2024: Top Performers to Receive Double-Digit Increments"

Tata Consultancy Services (TCS) has unveiled its annual salary increments for 2024, offering an average increase of 4.5% to 7% for employees, with exceptional performers receiving double-digit hikes. These adjustments are set to take effect from April 1, 2024.
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The salary increments are structured as follows:

C Band Employees: Approximately 70% of TCS employees in the C band will receive a 2% increase.
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B Band Employees: Employees in the B band can expect a 4.5% to 6% hike.
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A Band Employees: Those in the A band are set to receive a 6% to 7.5% increase.
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Exceptional performers in the A band may receive hikes ranging from 10% to 12%.
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These increments are part of TCS's annual appraisal cycle, reflecting the company's commitment to rewarding high-performing employees and maintaining competitive compensation packages.

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