LTIMindtree has decided to defer its salary hikes for FY26, opting to distribute them across two quarters instead of implementing them all at once. Under the revised plan, half of the company’s employees will receive their increments from January 2025, while the remaining half will see their hikes take effect in April 2025.
The announcement was made during the company’s second-quarter earnings call held on 16 October. The leadership indicated that this approach could become a recurring practice in the future, replacing the traditional single-cycle hike system.
The change reflects a broader transition in the IT industry, as companies navigate evolving business models, increasing cost pressures, and the rising demand for new-age skills. LTIMindtree’s decision comes at a time when organisations are focusing on balancing employee costs with investments in technology transformation and artificial intelligence (AI) capabilities.
The company is currently emphasising large-scale upskilling and cross-skilling initiatives to prepare its workforce for emerging AI-driven projects. Leadership noted that the AI era demands a workforce equipped with new capabilities, and continuous learning will be central to the company’s talent strategy.
This is not the first time LTIMindtree has altered its salary hike schedule. In FY25, increments were rolled out during the October–December quarter, while in FY24, the hikes were pushed from April to August.
Alongside the announcement, LTIMindtree reported a strong financial performance for the July–September quarter. Consolidated net profit rose 10.3 per cent year-on-year to Rs 1,381 crore.
