Thursday, May 22, 2025

Creating liberating content

NEW DELHI: If you’ve lost or forgotten your Aadhaar card

General Medicine founders TJ Parker, Ashwin Muralidharan and Elliot Cohen.

The consumer protection regulator CCPA has launched an investigation into

Related News

NEW DELHI: If you’ve lost or forgotten your Aadhaar card or number, there’s no need to worry. The Unique Identification Authority of India (UIDAI) offers several easy ways to retrieve

General Medicine founders TJ Parker, Ashwin Muralidharan and Elliot Cohen. General Medicine After selling online pharmacy PillPack to Amazon seven years ago, the founding team is launching a new company

The consumer protection regulator CCPA has launched an investigation into ride-sharing services Ola Cabs and Rapido regarding potential unfair trade practices involving ‘advance tipping’. This follows CCPA’s notice to Uber

Akash Singh celebrates the wicket of Jos Buttler during the match between Gujarat Titans and Lucknow Super Giants in IPL 2025. (AP) Lucknow Super Giants bowler Akash Singh brought out

Novels and stories We often think that there are tons of novels of Sherlock’s stories and adventures, but this is false. In reality, there are only 4 novels – ‘A

The Bhagavad Gita is a sacred Hindu text that teaches one how to live life through self-awareness, detachment, and doing one’s duty. Spread in 18 chapters and 700 verses, this

Trending News

NEW DELHI: If you’ve lost or forgotten your Aadhaar card or number, there’s no need to worry. The Unique Identification Authority of India (UIDAI) offers several easy ways to retrieve

The consumer protection regulator CCPA has launched an investigation into ride-sharing services Ola Cabs and Rapido regarding potential unfair trade practices involving ‘advance tipping’. This follows CCPA’s notice to Uber

FLY91 announces 50% discount on base fares for defence personnel PUNE: In honour of the service of Indian armed forces personnel, FLY91 has announced a 50 per cent discount on

The rejig for Sensex and additional indices were announced by BSE’s fully-owned subsidiary Asia Index Private Limited after today’s trading session. (AI image) BSE Sensex rejig: Tata Group’s retail arm

NEW DELHI: The Reserve Bank of India (RBI) is expected to declare on Friday the dividend amount it will transfer to the central government for the fiscal year 2024-25, with

File photo: Dilipkumar Khandelwal BENGALURU: After a five-year stint, Dilipkumar Khandelwal stepped down as CEO of Deutsche India, head of global technology centres, and MD & global CIO of corporate

Accenture to promote 43,000 employees in India in FY25

Word Count: 687 | Estimated Reading Time: 4 minutes


Accenture to promote 43,000 employees in India in FY25

BENGALURU: Accenture will promote 43,000 employees in India in the 2025 financial year, marking one of the substantial increases in recent times. The company said it would promote 50,000 people globally in June, including around 15,000 people in India, according to an internal note sent by Ajay Vij, senior country managing director, Accenture in India.Accenture reset its promotion cycle, shifting it from December to June, citing better visibility of client demand. Due to the transition period, the earlier cycle in December rolled out 30,000 promotions to India-based employees. In the 2024 fiscal year, Accenture promoted 97,000 people globally through June 1, including 702 to managing directors and 64 to senior managing directors. Accenture follows a September-August financial year.Accenture has over 3.5 lakh employees in India out of the 8 lakh employees it has globally.Back in December, Accenture rolled out hikes focused on key growth areas and based on the market. “In June, we will have stay-at-level (salary) increases, including many of those not covered in the December cycle and others in key growth areas. Looking across promotions and stay-at-level increases in FY25, a substantial majority of our people in India will receive a base pay increase,” Vij wrote in the note.Employees receiving promotions effective June 1 will be informed by their team leads during the May 26-29 period, while individuals receiving hikes will get their notifications on May 29. In fact, Accenture skipped salary hikes for its India-based employees in 2023. Accenture also deferred promotions to those at the levels of MDs and appointing senior managing directors (SMDs) until June last year. “While our revenue growth improved significantly over FY24, our operating margin—how we measure profitability as a percentage of revenue—contracted compared to the adjusted operating margin for Q2 last year. We are also seeing an elevated level of uncertainty in the global economic and geopolitical environment. Given this, it is more important than ever to remain laser-focused on our clients and running our business with rigour and discipline,” Vij wrote.The note said that bonus and performance equity rollouts for those eligible will continue to be made as part of the December cycle, and the firm will also continue to evaluate the opportunity for hikes at that time.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account