Infosys salary hike: India’s second-largest information technology (IT) services company, Infosys, has began implementing salary hikes for employees. According to a report by news website Moneycontrol, the IT company started the process from February 24. On an average, the salary hikes range from 5-8 per cent for most employees.
According to the report, exceptional performers received salary hikes of about 10-12 per cent. The Bengaluru-based company classifies performance into four categories: outstanding, commendable, met expectations, and needs improvement. Salary hikes have been rolled out to employees in band JL6 and below, effective from April 1.
