Accenture will promote 15000 employees in India, this IT company is running a worldwide campaign
Indian it service sector news: Global Information Technology (IT) company Accenture will promote about 15,000 Indian employees in June this year. The company’s move is part of the campaign to promote 50000 employees worldwide. Accenture is one of the largest employers in the Indian IT service sector, with more than 3,00,000 employees. The company has a total of 7,74,000 employees worldwide. Accenture had an income of $ 64.90 billion in FY 2023-24. The company with the Ireland headquarters shifted its promotion cycle permanently in September 2024, citing better visibility of customer expenses and demand in permanent December to June.
Ajay Vij, Senior Managing Director of Exent India, wrote in an internal memorandum sent to employees, Accenture will promote around 50,000 people worldwide in June, including about 15,000 people from India. Overall, more than 43,000 people in India will get promotion in FY 2024-25.
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Accenture follows the financial year of September to August. In December, Accenture increased the original salary for some employees. Between June and December, the ‘basic salary’ of most Indian employees will increase. Vij said, bonuses and performance for the eligible people will continue to be made under the December cycle, and we will continue to evaluate the opportunity to increase the original salary at that time.
Promotion and basic increment will be reported internal to employees between 26-29 May. The company with the Ireland headquarters shifted its promotion cycle permanently in September 2024, citing better visibility of customer expenses and demand in permanent December to June.
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Announcing the income data, Chief Executive Officer of Extense, Julie Sweet said, “We have now shifted that promotion cycle permanently, so we will promote a large scale in June while promotion will be held in December.” So that when our customers are determining their budget, it can be better matched and we get better visibility, and this is what we are seeing again.
Accenture is one of the largest employers in the Indian IT service sector, with more than 3,00,000 employees. The company has a total of 7,74,000 employees worldwide. Accenture had an income of $ 64.90 billion in FY 2023-24. (Language)
Edited by: Chetan Gour
