India, March 26 -- Salesforce will not be giving raises this year to employees at the director level and above. A recent email from the company's human-resources team informed employees of the development. "We have decided to focus merit increases at the Senior Manager level (grade 8) and below," the email said.

Employees will get more information about their compensation during performance reviews that begin at the end of March.

The San Francisco-headquartered Software-as-a-Service (SaaS) company will increase stock and bonus pools for certain employees instead of handing out direct hikes at the top level.

For upper-level employees, the company is increasing stock and bonus pools for its "highest performing individuals," describing it...