IBM to give raises to India employees, but while holding back in U.S.
Here's a kind of interesting follow-up to the IBM news that Big Blue will not give raises to most its Global Technology Services (and possibly other units) employees.
IBM is likely to give a salary increment to its employees in India next month.
Early on Thursday, international media reported about a mail that IBM had sent to employees, saying those in the Global Technology Services (GTS) division would not receive a salary increment this year. However, the mail also said people "who have high-demand skills" would receive an increment .
Sources within IBM India indicated that "high-demand skills" refers, among others, to employees in India . The sources said that the performance assessment exercise had been completed and increments were expected across the organization in India next month. IBM follows a July-June cycle. "For the best performers, the increment may be in double digits ," one source said.
IBM does not break up its headcount by geography, but it is estimated that the company employs over 1.3 lakh people (130,000) in India. The company has been an aggressive hirer in India for several years. With several Indian IT companies … announcing salary increments earlier this year, it may be difficult for IBM not to follow suit.