Accenture to skip hikes for India employees, defers SMD promotions

Accenture is skipping salary hikes this time around for its India-based employees. It has 3 lakh employees in India. Accenture is also deferring promotions to those at the levels of managing directors (MDs) and appointing senior managing directors (SMDs) until June next year. The promotions are effective December 1. “We are...