Software major Infosys on Monday announced a transfer policy with an attractive incentive package for its employees willing to take a transfer to its Hubballi development centre as the company seeks to strengthen its operations in the tier-II city in the Mumbai-Karnataka region.

The company’s email, reviewed by ET, tells employees that the location has a huge potential for growth and “is waiting for a talent like you to build the future. It’s your turn to grow Glocal and consider pursuing your career at Hubballi DC,” the mail said.

The policy applies to employees at band 2 and above handling projects (delivery) from any development centre in India. Employees at band 3 and below will get Rs 25,000 at the time of relocation (transfer) and Rs 25,000 every six-months for two years. Employees at these levels will get Rs 1.25 lakh at the end of 24 months. Others will get Rs 2.50 lakh (level 4), Rs 5 lakh (level 5), Rs 6 lakh (level 6) and Rs 8 lakh (level 7) at the end of 24 months including the initial relocation allowance.

Source: Infosys mail to employees

Employees at band 2 & 3 are entry level employees polishing their skills on projects.

The policy, according to a source aware of the development, seeks to encourage employees hailing from the Mumbai-Karnataka to explore the opportunity in their own home region. This will also help the company put the infrastructure at the modern facility to optimal use and save on costs.

The policy comes with a sweetener as it allows employees to work on their current projects from the Hubballi development centre.

The major initiative from Infosys comes barely four months after the company attracted criticism in the Karnataka Assembly for not operationalising its facility. BJP MLA Arvind Bellad had alleged that the company acquired 58 acres of land in his constituency of Hubli-Dharwad West to create a campus and promising jobs but failed to walk the talk, and instead was using the sprawling area to grow plantation.

The IT giant, Bellad said, had acquired 58 acres of land in the industrial estate about ten years paying farmers at Rs 35 lakh per acre, far below the market rate. He had urged the government to take the plot back.

In its annual report released in April 2023, Infosys had said, “As part of this strategy, this year, we set up offices in Hubballi, Indore, Navi Mumbai, Nagpur and Coimbatore, in India.”

On hearing the piece of news, Bellad hailed the initiative and said it would aid the overall development of the region, create both direct and indirect jobs in the region and help reunite many people with their families.

In a chat with ET in February, Industries Minister MB Patil had said Infosys has built a reputation for itself globally by building state-of-the-art campuses in many states and employing tens of thousands of engineers.

The government would pursue the proposed investment with the company for the benefit of the region.
While getting approval from the government, Infosys had said it will provide 1000 jobs, Patil had told the Assembly.

Software major Infosys on Monday announced a transfer policy with an attractive incentive package for its employees willing to take a transfer to its Hubballi development centre as the company seeks to strengthen its operations in the tier-II city in the Mumbai-Karnataka region.

The company’s email, reviewed by ET, tells employees that the location has a huge potential for growth and “is waiting for a talent like you to build the future. It’s your turn to grow Glocal and consider pursuing your career at Hubballi DC,” the mail said.

The policy applies to employees at band 2 and above handling projects (delivery) from any development centre in India. Employees at band 3 and below will get Rs 25,000 at the time of relocation (transfer) and Rs 25,000 every six-months for two years. Employees at these levels will get Rs 1.25 lakh at the end of 24 months. Others will get Rs 2.50 lakh (level 4), Rs 5 lakh (level 5), Rs 6 lakh (level 6) and Rs 8 lakh (level 7) at the end of 24 months including the initial relocation allowance.

Source: Infosys mail to employees

Employees at band 2 & 3 are entry level employees polishing their skills on projects.

The policy, according to a source aware of the development, seeks to encourage employees hailing from the Mumbai-Karnataka to explore the opportunity in their own home region. This will also help the company put the infrastructure at the modern facility to optimal use and save on costs.

The policy comes with a sweetener as it allows employees to work on their current projects from the Hubballi development centre.

The major initiative from Infosys comes barely four months after the company attracted criticism in the Karnataka Assembly for not operationalising its facility. BJP MLA Arvind Bellad had alleged that the company acquired 58 acres of land in his constituency of Hubli-Dharwad West to create a campus and promising jobs but failed to walk the talk, and instead was using the sprawling area to grow plantation.

The IT giant, Bellad said, had acquired 58 acres of land in the industrial estate about ten years paying farmers at Rs 35 lakh per acre, far below the market rate. He had urged the government to take the plot back.

In its annual report released in April 2023, Infosys had said, “As part of this strategy, this year, we set up offices in Hubballi, Indore, Navi Mumbai, Nagpur and Coimbatore, in India.”

On hearing the piece of news, Bellad hailed the initiative and said it would aid the overall development of the region, create both direct and indirect jobs in the region and help reunite many people with their families.

In a chat with ET in February, Industries Minister MB Patil had said Infosys has built a reputation for itself globally by building state-of-the-art campuses in many states and employing tens of thousands of engineers.

The government would pursue the proposed investment with the company for the benefit of the region.
While getting approval from the government, Infosys had said it will provide 1000 jobs, Patil had told the Assembly.