Wipro to give promotions to high performers – Times of India

BENGALURU: Wipro is rolling out promotions to high performers in December, a move that is expected to boost employee morale at a time when the pandemic has made the general environment difficult.
Promotions will be given to those up to the B3 band. This comprises 80% of its 1.8 lakh employees. “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,” a Wipro spokesperson told TOI. Wipro has five bands based on experience and seniority. The promotions are expected to come with salary increases.
Wipro said the company will hire from campuses this year, but declined to give a figure. It has honoured all the offers made last year, but the onboarding was staggered. Wipro, in January, had said it will hire 12,000 from Indian campuses this fiscal, but given the tumultuous situation now, the numbers will depend on deals and project visibility. The campus hires, called Team-Rainbow, will receive confirmatory hikes effective December 1, Wipro said.
Wipro has initiated a series of actions including lowering subcontracting expenses, reduced hiring and shutting down some global offices to help improve the operating margin.
CEO Thierry Delaporte recently told TOI that less than 3% of the employees work from its offices. “Nevertheless, our adaptive and boundary-less operating model coupled with our ‘no-shore’ approach has ensured that we continue to deliver critical processes, large transitions and transformation projects seamlessly,” he said.