Infosys, the Bengaluru-based IT giant, has officially started implementing salary hikes for its employees from February 24, as per a report by Moneycontrol. The increments range between 5 per cent to 8 per cent, with exceptional performers receiving hikes of 10-12 per cent.
The salary hikes apply to employees in band JL6 and below, with the revised pay becoming effective from April 1, 2025.
Performance-based increments
Infosys evaluates employees based on four performance categories: Outstanding, Commendable, Met Expectations and Needs Improvement.
Employees in the highest performance tiers are expected to receive the most significant salary adjustments.
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On January 16, Infosys announced plans to roll out 6-8 per cent annual salary hikes, which were set to be implemented in phases. While the first phase began in February, the second phase is expected to roll out in April 2025.
The IT industry has faced delays in salary revisions in FY25, with most major firms—except Tata Consultancy Services (TCS)—pushing back wage hikes. The postponement is seen as a strategy to protect profit margins amid a challenging economic environment and reduced discretionary spending by clients.
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To offset the impact of lower salary increments, Infosys is reportedly offering allowances and additional benefits to employees in the taxable income bracket. The company, which employs over 3.23 lakh professionals, last implemented a salary hike in November 2023.
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