No more hiring with 30% hike: Wipro CHRO – Times of India

BENGALURU: Wipro‘s chief human resources officer Saurabh Govil says that in this current environment of economic slowdown and lower hiring, IT professionals should focus on upskilling. Govil says the industry has reached a level of “sanity” with respect to salaries, and indicated salary increases in future would depend on individuals upskilling and reskilling themselves.
“In 2021, people had a lot of opportunities, our attrition was high and people were being hired at 30% premiums. That will not happen now. But now, niche skills like generative AI and cybersecurity will get a premium,” Govil told TOI.