After a two-and-a-half-year pause, Accenture, the global professional services and IT consulting firm, has implemented salary hikes ranging from 3% to 13% for employees at Associate Manager level (Level 8) and above, marking its first round of raises in over two years.
As part of a global initiative, approximately 15,000 employees in India are set to receive promotions in June 2025, contributing to nearly 50,000 promotions worldwide.
Senior Country Managing Director Ajay Vij of Accenture, stated that the company will provide “stay-at-level (base pay) increases,” including many not covered in the December cycle and others in key growth areas as reported by Money Control.
Accenture will promote over 43,000 employees in India by FY25 to reward talent in key business areas and make up for earlier promotion delays.
Despite the double-digit salary increases for some, employee response has been relatively muted, possibly due to the prolonged wait and current economic conditions.
The promotions include 15,000 in India, 11,000 in Europe, the Middle East, and Africa, and 10,000 across the Americas, impacting roughly 6% of Accenture’s global headcount.
The promotions and salary increases are part of Accenture’s June performance review cycle, with official communication already sent to employees earlier this week.
