Wipro reduces Fresher Salary, Offers now half

Wipro reduces Fresher Salary, Offers now half

Wipro fresher salary has been reduced by half. Wipro is reducing wage offers to recruits after promising them a high yearly income. The software firm initially offered to give freshers who successfully finished their training at Wipro an annual compensation of Rs 6.5 lakh. According to an official email given to new recruiters, prospects are now requested to accept over 50% less pay than what was initially offered as per report of preetiAnanad  atDataquest.

Wipro would now only be permitted to give freshers an annual package of Rs 3.5 lakh. According to the email acquired by Business Standard, Wipro would now only be permitted to give freshers an annual package of Rs 3.5 lakh. All Wipro candidates who participated in the company’s Velocity grads programme this year received the updated low-salary offer. The corporation is not pressuring the candidates to accept the offer and is allowing them a specific time frame to determine whether they want to take a reduced wage.

“Like others in our sector, we continue to evaluate global economies and client demands, which influence our employment decisions. We now have project engineer positions available for hire, with an annual salary of Rs 3.5 lakh. If you accept this offer, all introductory offers will be null and invalid. “In an email to recruits, the corporation stated.

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Because of the changing macroenvironment and company requirements, the decision to reduce new recruiter wages was made. In layman’s words, the move is intended to save money for the company’s future goals. While some industry experts believe the choice is immoral, Wipro claims that workers just starting in their professions would have an “instant chance” to improve their knowledge and learn more.

“In light of the shifting macro climate and, as a result, our company demands, we had to change our onboarding strategies. As we work to honour all outstanding offers, this offer provides candidates with an immediate opportunity. The company started to grow its knowledge, launch its careers, and gain new skills via our exciting and creative work and comprehensive learning and development programmes.

Harpreet Singh Saluja, President of the Nascent Information Technology Workers Senate (NITES), criticised the proposal to decrease almost half of the salary. “We strongly oppose Wipro’s immoral decision to reduce the salaries of prospective employees. It is unacceptably unfair to completely lay the weight of the company’s financial difficulties on its employees’ shoulders. We urge management to reconsider its decision and engage with the union to reach a mutually beneficial solution. We will not stand by while our members’ rights and dignity are attacked.”

Source: dqindia

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