Wipro’s logo is seen inside the company’s headquarters in Bengaluru. file | Photo Credit: Reuters
Wipro’s move to cut salaries of freshers awaiting onboarding by nearly 50% under a program has been termed “unjust” and “unacceptable” by employee union NITES, which demanded that the IT company should reconsider its decision. .
Market watchers say Wipro’s decision reflects challenges in the global macro-economic uncertainties and demand environment for tech companies.
Bengaluru-headquartered IT services major, Wipro, recently reached out to candidates to whom it had earlier offered ₹6.5 lakh per annum (LPA), asking them whether an offer of ₹3.5 in annual compensation would be acceptable. them, instead. These candidates were reportedly waiting to board the ship.
IT sector employees’ union NITES has condemned the move, saying the decision is “unjust” and “against the principles of fairness and transparency”. NITES has demanded that the management reconsider its decision and hold meaningful talks with the union to find a mutually beneficial solution.
In a recent communication to candidates who have successfully completed the Velocity training program, Wipro said: “Like others in our industry we continue to assess global economies and customer needs which factor into our recruitment plans. We look forward to your Appreciate your commitment and patience as we try to identify opportunities for you to join.”
Wipro further added that “We currently have few Project Engineer roles available for recruitment with an annual compensation of ₹3.5 Lakh. We would like to provide an opportunity to all our Velocity graduates in the FY23 batch to opt for these roles.”
When contacted on the issue, Wipro, in response to an e-mail query, said: “In light of the changing macro environment and, consequently, our business needs, we have had to adjust our onboarding plans.”
“As we work to honor all the excellent offers made, this current offer provides candidates with an immediate opportunity to jump-start their careers, build on their expertise and gain new skills – both interesting and innovative Through the work we do, as well as our comprehensive learning and development programs,” Wipro said.
Wipro said it is committed to the growth and success of all its employees and looks forward to welcoming this new batch of fresh graduates.
Meanwhile, IT sector employees’ union NITES (Nascent Information Technology Employees Senate) said it strongly condemns the “unethical” move of Wipro to freeze the salary of employees waiting to join the ₹6.5 lakh per annum package. has been reduced to ₹ 3.5 lakh per annum.
“The decision to cut the wages of the employees without prior consultation and negotiation is not only unjust but also against the principles of fairness and transparency. It is unacceptable that the burden of the financial troubles of the company is being put solely on the shoulders of the employees ” employees,” said Harpreet Singh Saluja, president of NITES.
NITES has demanded that the management reconsider its decision and hold meaningful talks with the union to find a mutually beneficial solution.
“We will not stand by as long as the rights and dignity of our members are being violated,” Mr. Saluja said.