<ul><li>Tata Consultancy Services (TCS) will roll out its annual salary hikes in March, with payouts starting in April.</li><li>The expected increments range between 4-8%, following the company's quarterly variable pay (QVP) for the October-December period.</li><li>TCS has linked salary hikes and variable payouts to employees' compliance with its return-to-office mandate announced in 2024.</li><li>This comes amid a slowdown in salary hikes across the IT sector, which previously saw double-digit increases during the COVID-19 period. TCS recently reported an 11.95% year-on-year rise in net profit, reaching Rs 12,380 crore for the December quarter.</li></ul>

TCS to roll out 4-8% salary hikes in March; payouts to begin in April: Report

Discover more