No pay hikes for Accenture employees in India, Sri Lanka; firm blames macro environment ...Middle East

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No pay hikes for Accenture employees in India, Sri Lanka; firm blames macro environment
New Delhi: Global IT services firm Accenture is reportedly skipping pay hikes for its employees and reducing promotions at senior positions in India and Sri Lanka. Accenture said on Thursday it considers a variety of factors, including the macroeconomic environment, in making its decisions around pay and benefits. A MoneyControl report, citing an email sent by country managing director Ajay Vij to employees, said that Accenture “will not be paying out hikes to its employees in India and Sri Lanka in 2023 except where it is legally mandated or where it has committed to it in critical skill areas”. “Given the context of our performance, we will not be providing any stay-at-level (base pay) in

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