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Capgemini announces salary hike to 84,000 employees in India

Source | | TIMESJOBS

French tech major, Capgemini has a welcoming news for Indian techies. The company has announced salary hike to 70% of its workforce in the country. Capgemini has a headcount of 1.2 lakh employees in India.

The Covid-19 pandemic has created uncertainty around jobs. Several companies have announced salary cuts. The pandemic has brought economic activity to a standstill. Capgemini’s decision is praised across the country. Over 84,000 employees of Capgemini will receive a single-digit salary hike. The salary increment suggests that the jobs in IT are here to stay. The move will boost the confidence of IT professionals across India.

Capgemini has also announced cash allowance of up to Rs 10,000 to employees who have got stranded due to the lockdown. The company made these decisions at a meeting held in mid-March before the lockdown was announced.

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