LTIMindtree will split its FY26 wage hikes across two quarters, marking a structural shift in how the IT firm approaches employee compensation, CEO and MD Venu Lambu said during the Q2 earnings call on October 16.
Starting this fiscal year, 50% of LTIMindtree’s workforce will receive salary increments from January 1, with the remaining half slated for hikes beginning April 1. Lambu hinted this phased approach could become permanent. “We may not have one wage hike in one particular quarter for all employees,” he said. “This may be the new normal.” Advertisement
The move reflects deeper industry changes, Lambu explained, noting the IT sector is at a “significant inflection point” driven by rapid advances in AI. “One of the critical aspects of the journey with our employees is how we cross