Wipro slashes salary offer of freshers by 50%

Freshers awaiting onboarding and who were earlier offered about Rs 6.5 lakhs per annum, have now been asked to settle for about Rs 3.5 lakhs per annum

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While Wipro is looking forward to onboarding the freshers it had selected, the latter themselves are feeling rather dejected and disappointed with their salary being halved.

Yes, the IT major has cut the salaries of the freshers waiting to be onboarded by 50 per cent. That means, those who were earlier offered Rs 6.5 lakhs per year, are now being asked to settle for a package of only Rs 3.5 lakhs a year!

The Nascent Information Technology Employees Senate (NITES) has demanded that Wipro reconsider its decision, as it’s unfair to the freshers and violates all rules of transparency and fairness. The Senate maintains that it is unethical to punish the freshers for the Company’s financial troubles.

The Company, however, feels that it is offering freshers an opportunity to learn and hone their skills, and that its decision to halve salaries is driven by the uncertain economic conditions prevailing globally. It has communicated to those awaiting onboarding that presently project engineer roles are available at an annual pay of about Rs 3.5 lakhs.

The pay cut has come as a big shock to the freshers who have only just completed the graduates’ training and development programme, Velocity, offered by the Company.

The freshers, with the support of NITES hope that the matter can be solved amicably through discussions and negotiations with Wipro.

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