LTIMindtree has announced that its FY26 salary increments will be implemented in two phases. During the company’s second-quarter earnings call on October 16, CEO and MD Venu Lambu explained that 50% of employees will receive their increments starting January 1, 2026, while the remaining 50% will receive theirs from April 1, 2026.

“This may be the new normal going forward as well. We may not have a single wage hike in one quarter for all employees. We are beginning this approach from this year,” Lambu said. He emphasized that the first tranche will be effective from January 1, with the second tranche in the April quarter, and indicated that the company expects two-stage increments to become standard practice.

Reason for the Change

Lambu explained that the decision comes amid evolving industry dynamics and significant changes within the company. “The topic of wage hikes is evolving as the industry and our organization go through a major inflection point,” he said.

He further highlighted the importance of aligning compensation with the company’s growth and employee development, especially in the context of AI-related projects. “One of the critical aspects of our journey with employees is how we cross-skill and upskill them for the next AI requirements or projects that continue to come to us,” Lambu added.

This approach reflects LTIMindtree’s strategy to link employee growth and learning with compensation, while navigating the broader industry changes and opportunities ahead.