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Infosys salary hike News
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Infosys Salary Increments: Infosys has around 3.23 lakh employees, and these hikes are based on performance appraisals from September 2023 to October 2024.
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Infosys Salary Hikes: The company reported an 11.4 per cent year-on-year rise in its net profit for Q3FY25 at Rs 6,806 crore, compared with Rs 6,106 crore in the same quarter last year.
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In the communication to employees, Infosys expressed its pleasure in revising compensation, recognizing the dedication and performance of its workforce.
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Infosys confirms a salary hike up to 25% to some of its top performing employees.
Earlier, Infosys had reported a jump of consolidated net profit of 11.1% in Q2 result.
Other major Indian IT company Cognizant hikes annual compensation for its staff.
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Infosys has deferred salary hikes for employees to July and even later in case of senior executives as the Indian tech industry struggles to cope with uncertain environment and visa-related issues in key markets like the US.
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