WIPRO Freshers Salary is Rs. 3.5LPA - Is it Justified?

By - Kaustubh Katdare • 1 year ago • 8.4k views

WIPRO, one of the leading IT companies in India has offered a salary package of Rs. 3.5LPA. This is 50% lower compensation than what the candidates were offered at the time of recruitment.

The company has sent out an email to the selected candidates and offered the following choice -

  1. Accept the INR 3.5LPA offer and join immediately within a month.
  2. Continue to hold the offer but without a fixed joining date.

If the candidates choose the option #1, the old offer of Rs. 6.5LPA will become void.

Company mentioned that they are assessing the global economics and customer needs to re-evaluate their hiring and onboarding plans.

Do you think WIPRO is justified in asking candidates to join at a 50% lower salary than promised?

Replies

  • Rohit
    Rohit Joshi

    Definitely not justified. I'm hearing that the current joining wait period is about 8 months minimum. The offered salary is $362/mo or about Rs. 30K/mo. It is sad that there will be several candidates who'll accept this offer.

    I feel sad for the 2023 batch engineers who're facing this. They must have been asked to not appear for other company recruitment process because of offer from WIPRO.

  • Rohit
    Rohit Joshi

    Rishad Premji, son of WIPRO's top boss Azim Premji was in the news last year for his views against moonlighting. His stance was that employees who are seeking payment from other activities like freelancing or second job were cheating the company.

    When the company pays lower salary than promised and doesn't want employees to earn income in their free time; is playing the lose-lose game.

    WIPRO's management seems to be at fault here for bad estimates about hiring, salary offers and financial management.

    At least, the company should give the employees an option to earn income from other sources while they work at lower salary.

  • Bruce
    Bruce Wathan

    Interesting points. It's not good to backtrack the offer you've already made. 50% salary cut is not justified at all. I think it's an opportunity for other IT companies to step up and offer quicker onboarding to all WIPRO selected people.

    Just ask them to show the offer letter - and get a job. Infosys, Capgemini, Accenture - time for you to do something about this and build brand.

  • Kaustubh
    Kaustubh Katdare

    Important to note that WIPRO made over 12000 crores in profits in the last financial year. Wondering if they can spend some of that on honoring the commitments thay made to hires.

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