I heard from someone... TCS not giving hikes to lateral hires for the next 2 years ... Is it true ?

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TCS has stopped giving Anniversary hikes. Which was present in TCS. Anyway anniversary hikes are rare in IT, It was with TCS however they have stopped it. Like other companies you need to complete certain amount of time in TCS to become eligible for Annual Hike.

Yes If you Join TCS in Sep/Oct 2022 Ideally you were supposed to get anniversary hike which would be in Sep/Oct 2023. However as now they have stopped it. You will get your next hike in April 2024.

Hope your doubt is cleared.

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What if joining date is 9 March 22 then will I eligible for April 23 hike? As anniversary hike is stopped.

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