Global-O&O

SOURCE: LiveMint
WIPRO:                                 INFOSYS:                                TCS
FY 07 – 23%                            25%                                          48%
FY 08 – 18%                            49%                                          18.8%

Seems like Infosys has defied the norm and the pay hikes are higher than the market average. These supposedly represent the pay hikes for top management ( non -promoters)

Another interesting study by Hewitt mentioned that the pay difference between senior management and junior staff in India was 19 times – highest in the world.

No relate

• February 28, 2008 -- Wipro reduces no. of hiring partners
• October 21, 2008 -- iGates goes to Mexico
• July 18, 2009 -- Agilent estimates $300 to $315 million savings by offshoring to India
• April 3, 2009 -- HCL goes for salary freeze, bonus cutbacks
• January 5, 2010 -- Infosys BPO to get their new chief
• March 2, 2008 -- 24×7 Customer to add 3,500 more by next fiscal
• December 3, 2009 -- Accenture headcount in India – FACTS
• December 2, 2009 -- JP Morgan Chase opens call center in Cebu
• July 16, 2009 -- Dow extends technology services agreement with IBM through 2014
• March 9, 2008 -- Intelligroup turns focus on Europe

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