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 postponing our promotions to and within MD, and appointments to SMD, until June 2024 in order to allow ourselves to return to growth so that promotions are affordable."
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