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    Home»News»Wipro grants 21,668 RSUs as labour complaint raises questions over fresher onboarding
    News

    Wipro grants 21,668 RSUs as labour complaint raises questions over fresher onboarding

    The RSU grant, effective 12 August 2026, was disclosed by Wipro in a regulatory filing with the stock exchanges
    HRK News BureauBy HRK News BureauAugust 14, 20262 Mins Read147 Views
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    Wipro has granted 21,668 restricted stock units (RSUs) to an employee under its Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024, even as the IT services company faces a labour complaint over delayed onboarding of more than 200 fresh hires.

    The RSU grant, effective 12 August 2026, was disclosed by Wipro in a regulatory filing with the stock exchanges. The allocation was approved under the company’s 2024 equity compensation framework and is subject to the applicable vesting and exercise conditions.

    The latest grant is part of Wipro’s broader use of equity-linked compensation to reward and retain employees. The units will vest according to the schedule approved by the company’s Nomination and Remuneration Committee. The filing did not disclose the identity of the employee or the specific vesting milestones attached to the grant.

    Separately, Wipro is facing questions over the status of more than 200 candidates selected through its Elite Hiring 2025 programme. The Nascent Information Technology Employees Senate (NITES) has approached the Ministry of Labour and Employment seeking intervention over what it described as prolonged delays in onboarding.

    According to NITES, the affected candidates participated in Wipro’s campus recruitment process in February 2025 and subsequently cleared multiple stages. Offer letters were issued in July 2025, followed by Letters of Intent in August. Candidates reconfirmed their interest in December 2025, completed a Codility technical assessment in March 2026 and underwent background verification, which was completed on 26 March.

    The employee body has sought clarity on the status of the candidates, the reasons for the delay and whether their offers and Letters of Intent remain valid. It has also asked for a definite onboarding timeline and written communication for candidates who are no longer being considered.

    NITES said candidates have repeatedly contacted Wipro’s HR and onboarding teams but have not received clear joining dates. It has urged the Labour Ministry to seek an explanation from the company.

    The complaint comes as Wipro continues to use equity-based incentives for its existing workforce while questions remain around the employment status of a group of candidates recruited through its campus hiring programme.

    Wipro had not responded to requests for comment on the onboarding issue at the time of the report.

    Culture diversity Employee Employee Benefits Employee Engagement employees employer Employment Engagement HR Human Resources Productivity Recruitment restricted stock units (RSUs) Skill Development Training Wipro Workforce Workplace
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