In future, employees’ increments at Wipro will be based on upskilling and reskilling. The company will no longer hire people with a 30 per cent increment. Also, those who manage to acquire expertise in generative AI, cybersecurity and other in-demand skills will be able to earn a premium.
As reported by ToI, Saurabh Govil, chief HR, Wipro, the company is looking at automating as many of its functions as possible. In fact, it expects 80 per cent of all queries to be handled by bots, so that HR can be free to coach managers and work on the building and management of teams.
It is Govil’s opinion that IT professionals need to upskill, especially at a time when the economy is going through a slump and hiring is slow.
Earlier this year, the company had written to the freshers — to whom it had earlier sent offer letters — to consider joining at a salary lower than what was initially offered. Some candidates who were offered Rs 6.5 lakhs per year were asked to join at half that package. Interestingly, an overwhelming 90 per cent of the freshers have reportedly agreed to join at half the promised salary, just so that their onboarding process can be accelerated.
In early 2023, Wipro had bagged headlines for terminating the employment of over 400 freshers for failing an internal test. This test was taken by freshers who had waited for over 15 months to be onboarded!