Bengaluru: It has been a rather disappointing period for IT employees across the country, with all major companies handing out single-digit hike to its employees. While employees at two IT majors – TCS and Infosys – ranted on social media about the meagre increments, staffers at global IT major Capgemini have started a campaign on social media to complain about the “0.50% to 0% hike” they were given. It comes as a surprise to employees as the company reported a growth in excess of 7 per cent.
Disgusted with the salary increase, several employees and others on the platform have started a campaign, titled “#CapgeminiBetraysEmployees”. A large pool of people on the micro-blogging site slammed the company. One user said: “PayTm is giving me more cashback than Capgemini India hike this year. While some called it a strategy for voluntary attrition of its India employees, others were ready to offer “financial help” to the company as they had not given three months bonus in arrears. One user said: “@Capgemini @CapgeminiIndia with the current CTC of the most ethical company, all we could afford is an IRCTC coffee.”
Some employees questioned the company’s ethics for not valuing its employees. Employees were reportedly surprised by the move as the company has said that it has started the year on an excellent note. “Come to India and you will see Capgemini employees running tea stalls too. As the annual hike for the employees is 0,” said one user on the social media site.
Some of them even warned new employees from not joining the firm, as they would offer 0 per cent hike later on. “And once best talent joins Capgemini they will give 0% hike #capgeminibetraysemployees . Don’t make the mistake of joining CG.” In fact, another user requested the company to not handout appraisal documents. “It’s Hightime stop asking emp’s to fill PMD(appraisal documents), if you have predecided not to give an appraisal.”
Some even resorted to dark humor to express their plight. One tweet read: “On Monday, HR: Where is your id card? Employee: Well, I was hungry on the way and so gave it away to a waste mart. Guess what? I got ₹0.50, more than what you gave as hike!(read 0). Had a nice toffee!”
Though not as less as Capgemini, the hikes offered by other IT services companies have also been poor in comparison to the past. One of the main reasons for the drag is a transformation to newer technologies from legacy businesses. Analysts confirmed to The Economic Times that the average salary hike across IT sector has been 3-4 per cent with high performers getting approximately 8 per cent. At a time when there is widespread disenchantment among employees, none of the IT companies have commented on the developments.
Source by timesnownews..