Employees at Tata Consultancy Services have claimed that their monthly salaries actually fell after appraisal even as India’s largest IT employer announced that it has awarded 5-8% average pay hikes for FY26. This also comes at the a time when company’s annual report revealed CEO K Krithivasan earned more than ₹28 crore in FY26. The salary revision exercise, announced on May 18, included changes linked to India’s upcoming Labour Codes. While TCS said the revised structure was designed to standardise wages and protect take-home pay, some employees claimed the opposite happened after the restructuring of salary components and variable pay.
