After the announcement of the salary hike by the tech giant Tata Consultancy Services (TCS), many other giants came out with such announcements. These announcements are made by the companies when they are facing a quality talent shortage.

Here are some of the major hike announcements made by tech giants over the past few days.

1. Wipro to roll out salary hikes for 80% of employees
Wipro is all set to roll out the salary hikes for more than 80% of the employees. This second hike will be effective from September 2021. The company rolled out the incentives for the employees in January 2021.

2. Infosys to announce salary hikes effective July 2021
At the 40th AGM, Infosys announced the second salary hike for the employees that will be effective from July 2021. The company rolled the first hike in January 2021. The company is on a hiring spree.

3. Grofers to offer 33% salary hike to techies
On Monday, Grofers announced a 33% salary hike for the techies with hefty ESOP allocation. The hike will be effective from July 2021. 

4. PwC to roll out 75% of the hike in variable pay
PricewaterhouseCoopers Private Limited is all set to offer the hike in variable pay for the Indian employees. The company granted a one-time bonus earlier this year and now is also offering vouchers from Rs 25,000 to 50,000.