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Accenture India Rolls Out Bonuses Up to 26 Percent While Salary Hikes Stay on Hold

· Business · Moneycontrol

Accenture India has rolled out performance bonuses of up to 26 percent for fiscal year 2024 to eligible employees, rewarding high performers despite a broader industry slowdown. However, the company has largely kept salary hikes on hold across the board, reflecting cautious corporate spending. The IT services major informed staff about the variable pay payouts, which vary based on individual and business unit performance. This dual approach comes as IT firms navigate macroeconomic uncertainties and moderated client tech spending. The report does not specify the exact total number of employees receiving these bonuses.

Why it matters

The decision directly impacts hundreds of thousands of IT professionals in India by rewarding top performers with high variable pay while freezing baseline salary growth across the sector.

Read the original report — Moneycontrol

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