India’s third-largest IT services company, Infosys, began implementing wage hikes on February 24. The salary hikes ranged from 5-8%, sources told Moneycontrol.
Additionally, exceptional performers received salary hikes of about 10-12%. 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.
On February 12, Moneycontrol reported that Infosys will issue salary hike letters to…
