TCS finally rolls out annual salary increments; average hike at 4.5-7%

After a delay of five months, India’s largest IT company, Tata Consultancy Services (TCS), has rolled out annual salary increments, with an average 4.5-7% raise, for the majority of its employees. The hikes are for the previous financial year, which ended March 2025, ET has learnt.

Additionally, high performers will receive payouts above 10%, people familiar with the development told ET.

It is understood to be among the lowest hikes offered in the last four years given the slowing business environment’s impact on the IT industry and TCS financials….