The country’s second largest software exporter will hand out letters to employees falling at job level five (JL5) and below next month with the raise effective retrospectively from January 1. Those at JL6 and above will receive their letter in March with the hike taking effect from April, a senior company executive told employees at an ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/infosys-validation-services” target=”_blank”>Infosys Validation Services unit (IVS unit) town hall on Friday, people briefed on the subject told ET.
Track leads are at JL5 while those below that include software engineers, senior engineers, system engineers and consultants. The JL6 and above include managers, senior managers, delivery managers and senior delivery managers, but excludes vice presidents. The implementation of the pay hike is in line with what Infosys CFO Jayesh Sanghrajka told analysts at the earnings call on October 17. He had said the hike was going to be in two phases, with junior employees getting it in January, and the rest in April.
The hike is for the appraisal period from September 2022 to October 2023, for which eligible employees received their rating letters in December 2023.
- data-ga-onclick=”GrowFast_Web#Click#Java Programming with ChatGPT: Learn using Generative AI” title=”Java Programming with ChatGPT: Learn using Generative AI” href=”https://growfast.indiatimes.com/courses/testing-masterclass-yf/1239?ag=ET_Web”>
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
utton class=”view”>View Program utton>
- data-ga-onclick=”GrowFast_Web#Click#Basics of Generative AI: Unveiling Tomorrows Innovations” title=”Basics of Generative AI: Unveiling Tomorrows Innovations” href=”https://growfast.indiatimes.com/courses/master-in-python-language-quickly-using-the-chatgpt-open-a/1241?ag=ET_Web”>
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrows Innovations
utton class=”view”>View Program utton>
- data-ga-onclick=”GrowFast_Web#Click#Generative AI for Dynamic Java Web Applications with ChatGPT” title=”Generative AI for Dynamic Java Web Applications with ChatGPT” href=”https://growfast.indiatimes.com/courses/generative-ai-for-dynamic-java-web-applications-with-chatgpt/1242?ag=ET_Web”>
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
utton class=”view”>View Program utton>
- data-ga-onclick=”GrowFast_Web#Click#Mastering C++ Fundamentals with Generative AI: A Hands-On” title=”Mastering C++ Fundamentals with Generative AI: A Hands-On” href=”https://growfast.indiatimes.com/courses/mastering-c-fundamentals-with-generative-ai-a-hands-on/1243?ag=ET_Web”>
Artificial Intelligence(AI)
Mastering C++ Fundamentals with Generative AI: A Hands-On
utton class=”view”>View Program utton>
- data-ga-onclick=”GrowFast_Web#Click#Master in Python Language Quickly Using the ChatGPT Open AI” title=”Master in Python Language Quickly Using the ChatGPT Open AI” href=”https://growfast.indiatimes.com/courses/master-in-python-language-quickly-using-the-chatgpt-open-ai-yk/1244?ag=ET_Web”>
Artificial Intelligence(AI)
Master in Python Language Quickly Using the ChatGPT Open AI
utton class=”view”>View Program utton>
- data-ga-onclick=”GrowFast_Web#Click#Performance Marketing for eCommerce Brands” title=”Performance Marketing for eCommerce Brands” href=”https://growfast.indiatimes.com/courses/digital-marketing/1288?ag=ET_Web”>
Marketing
Performance Marketing for eCommerce Brands
utton class=”view”>View Program utton>
- data-ga-onclick=”GrowFast_Web#Click#Zero to Hero in Microsoft Excel: Complete Excel guide 2024″ title=”Zero to Hero in Microsoft Excel: Complete Excel guide 2024″ href=”https://growfast.indiatimes.com/courses/zero-to-hero-in-microsoft-excel-complete-excel-guide-2024/1245?ag=ET_Web”>
Office Productivity
Zero to Hero in Microsoft Excel: Complete Excel guide 2024
utton class=”view”>View Program utton>
- data-ga-onclick=”GrowFast_Web#Click#A2Z Of Money” title=”A2Z Of Money” href=”https://growfast.indiatimes.com/courses/a2z-of-money/1294?ag=ET_Web”>
Finance
A2Z Of Money
utton class=”view”>View Program utton>
- data-ga-onclick=”GrowFast_Web#Click#Modern Marketing Masterclass by Seth Godin” title=”Modern Marketing Masterclass by Seth Godin” href=”https://growfast.indiatimes.com/courses/modern-marketing-masterclass-by-seth-godin-108/1304?ag=ET_Web”>
Marketing
Modern Marketing Masterclass by Seth Godin
utton class=”view”>View Program utton>
- data-ga-onclick=”GrowFast_Web#Click#Vastu Shastra Course” title=”Vastu Shastra Course” href=”https://growfast.indiatimes.com/courses/vastu-shastra-course/1250?ag=ET_Web”>
Astrology
Vastu Shastra Course
utton class=”view”>View Program utton>
- data-ga-onclick=”GrowFast_Web#Click#Succession Planning Masterclass” title=”Succession Planning Masterclass” href=”https://growfast.indiatimes.com/courses/succession-planning-masterclass-26th-27th-oct-2023-recordings-10g/1312?ag=ET_Web”>
Strategy
Succession Planning Masterclass
utton class=”view”>View Program utton>
- data-ga-onclick=”GrowFast_Web#Click#SQL for Data Science along with Data Analytics and Data Visualization” title=”SQL for Data Science along with Data Analytics and Data Visualization” href=”https://growfast.indiatimes.com/courses/sql-for-data-science-along-with-data-analytics-and-data-visualization/1251?ag=ET_Web”>
Data Science
SQL for Data Science along with Data Analytics and Data Visualization
utton class=”view”>View Program utton>
- data-ga-onclick=”GrowFast_Web#Click#AI and Analytics based Business Strategy” title=”AI and Analytics based Business Strategy” href=”https://growfast.indiatimes.com/courses/ai-and-analytics-based-business-strategy-10h/1313?ag=ET_Web”>
Artificial Intelligence(AI)
AI and Analytics based Business Strategy
utton class=”view”>View Program utton>
- data-ga-onclick=”GrowFast_Web#Click#A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024″ title=”A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024″ href=”https://growfast.indiatimes.com/courses/a-comprehensive-asp-net-core-mvc-6-project-guide-for-2024/1254?ag=ET_Web”>
Web Development
A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024
utton class=”view”>View Program utton>
- data-ga-onclick=”GrowFast_Web#Click#Digital Marketing Masterclass by Pam Moore” title=”Digital Marketing Masterclass by Pam Moore” href=”https://growfast.indiatimes.com/courses/digital-marketing-masterclass-by-pam-moore-10r/1323?ag=ET_Web”>
Marketing
Digital Marketing Masterclass by Pam Moore
utton class=”view”>View Program utton>
- data-ga-onclick=”GrowFast_Web#Click#AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills” title=”AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills” href=”https://growfast.indiatimes.com/courses/ai-powered-python-mastery-with-tabnine-boost-your-coding-skills/1457?ag=ET_Web”>
Artificial Intelligence(AI)
AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills
utton class=”view”>View Program utton>
- data-ga-onclick=”GrowFast_Web#Click#Mastering Microsoft Office: Word, Excel, PowerPoint, and 365″ title=”Mastering Microsoft Office: Word, Excel, PowerPoint, and 365″ href=”https://growfast.indiatimes.com/courses/mastering-microsoft-office-word-excel-powerpoint-and-365/1261?ag=ET_Web”>
Office Productivity
Mastering Microsoft Office: Word, Excel, PowerPoint, and 365
utton class=”view”>View Program utton>
- data-ga-onclick=”GrowFast_Web#Click#Digital marketing – WordPress Website Development” title=”Digital marketing – WordPress Website Development” href=”https://growfast.indiatimes.com/courses/digital-marketing-wordpress-website-development-z3/1263?ag=ET_Web”>
Marketing
Digital marketing – WordPress Website Development
utton class=”view”>View Program utton>
- data-ga-onclick=”GrowFast_Web#Click#Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis” title=”Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis” href=”https://growfast.indiatimes.com/courses/google-sheets-expert-master-data-analysis-and-optimization/1460?ag=ET_Web”>
Office Productivity
Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis
utton class=”view”>View Program utton>
- data-ga-onclick=”GrowFast_Web#Click#Mastering Full Stack Development: From Frontend to Backend Excellence” title=”Mastering Full Stack Development: From Frontend to Backend Excellence” href=”https://growfast.indiatimes.com/courses/mastering-full-stack-development-from-frontend-to-backend-excellence/1265?ag=ET_Web”>
Web Development
Mastering Full Stack Development: From Frontend to Backend Excellence
utton class=”view”>View Program utton>
- data-ga-onclick=”GrowFast_Web#Click#Financial Literacy i.e Lets Crack the Billionaire Code” title=”Financial Literacy i.e Lets Crack the Billionaire Code” href=”https://growfast.indiatimes.com/courses/financial-literacy-tds-budget-income-tax-act-gst-indirect-tax/1267?ag=ET_Web”>
Finance
Financial Literacy i.e Lets Crack the Billionaire Code
utton class=”view”>View Program utton>
- data-ga-onclick=”GrowFast_Web#Click#SQL Server Bootcamp 2024: Transform from Beginner to Pro” title=”SQL Server Bootcamp 2024: Transform from Beginner to Pro” href=”https://growfast.indiatimes.com/courses/sql-server-bootcamp-2024-transform-from-beginner-to-pro/1472?ag=ET_Web”>
Data Science
SQL Server Bootcamp 2024: Transform from Beginner to Pro
utton class=”view”>View Program utton>
Employees usually receive their hike letters in June for hikes effective in July, but that did not happen in 2024, said industry insiders who requested not to be identified. The last increase in compensation at Infosys was effective November 1, 2023.
Discover the stories of your interest
ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/infosys-ltd/stocks/companyid-10960.cms”>Infosys did not respond to an email seeking its comment. The company is in a silent period as its third quarter results are scheduled for announcement on January 16.
(With inputs from Beena Parmar)
