Infosys, a leading Indian IT services firm, has initiated new salary revisions. The average pay rise, ranging from 5% to 8%, is dependent on performance ratings. Yet, a select few outstanding employees received increments in double digits.
Infosys categorized salary hikes as per performance levels: “met expectations,” “commendable,” and “outstanding.” While “met expectations” employees received 5-7%, commendable performers got 7-10%. Top performers received 10-20%, but those needing improvement did not get raises.
Salary revisions apply to employees at Job Level 5 (up to team leaders) and Job Level 6 (managers below vice presidents). JL5 employees received retrospective pay revision from January 1; JL6 will get their increase from April 1. Infosys has not provided additional details on these changes upon query.
Compared to the last pay revision in November 2023, current salary hikes are 5-10% lower across all bands. The recent performance bonus payout by Infosys also saw a similar decrease. These changes follow employee appraisals from September 2023 to October 2024, with rating letters issued in December.
Infosys employees had mixed reactions to recent salary hikes. While some were disappointed with the increase, others had hoped for more. Despite this, Infosys remains financially strong, with a net profit increase of 11.4% to $800 million and revenue up by 7.6% to $4.9 billion for the October-December quarter, surpassing expectations.
Sources News From Various Digital Platforms, Websites, Journalists, And Agencies.








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