The company declined to disclose the base salary on which the increases have been provided. What’s happening at Infosys? I am extremely proud of our team for achieving these results in challenging business conditions globally," he added. We believe in free, fair and credible journalism. Salary hikes will be identical to previous years. We will pay a one-time special incentive in Q3 for our junior employees," Infosys CEO and MD Salil Parekh said during a virtual briefing. As per the company's report for Q2F21, the tech-giant has recorded a net profit of 20.5 per cent for its quarter ending September 30. Infosys COO Pravin Rao said the quantum of salary hikes will be identical to those seen in previous years. Last year, the average wage hike by Infosys in India was around 6 per cent, while it was 1-1.5 per cent outside the country. IT major Infosys on has announced that it is going to roll out salary increases and promotions across all levels effective January 1. Additionally, there are 971 title holder i.e senior executives such as vice presidents, senior vice president and executive vice president out of which 2-5 per cent or around 50 executive will be asked to leave. 38 salaries for 25 jobs at Infosys in China. Infosys COO Pravin Rao said the quantum of salary hikes will be identical to those seen in the previous years. We, however, have a request. Its voluntary attrition for IT services on an annualised basis declined to 7.8 per cent as compared to 18.3 per cent in the year-ago period. Infosys  | Salary hike  | Infosys salary hike, Press Trust of India  |  Information technology (IT) major Infosys will give an annual salary hike of around 6 per cent to its employees in India. Infosys COO Pravin Rao said the quantum of salary hikes will be identical to those seen in the previous years. Infosys is also giving 100 percent variable pay, along with a special incentive for the second quarter. The average salary for InfoSys Limited employees is $81,749 per year. Enjoy Reading! Get latest news & headlines on Infosys salary increments. The company is planning to take over 15,000 freshers starting next year. Those located at in-client geographies are likely to get a raise between 1 and 1.5 per cent for the current year. Its voluntary attrition for IT services on an annualised basis … New Delhi  This decision follows its Q2F21 report which has recorded massive profits for the company. New Delhi: India's second-largest IT services firm Infosys on Wednesday said it will roll out salary hikes and promotions across all levels effective 1 January. 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Salaries posted anonymously by Infosys employees in China. The company has also revised its guidance upwards to 2-3 per cent growth in FY21 in constant currency terms from its previous outlook of up to 2 per cent growth in topline. He added that this was on account of multiple factors, including the steps taken by the IT major towards employee engagement and safety during the pandemic. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Despite the business uncertainties due to Covid-19, Infosys has decided to offer salary hikes and promotions to its employees. Read all news including political news, current affairs and news headlines online on Infosys Salary Hike today. Infosys shares surged as much as 6.86 per cent on Friday after India's second largest outsourcer beat earnings estimate in the December quarter. Bengaluru: Software majors TCS, Infosys and Wipro are hiring in big numbers again, an indicator of demand and recovery after the Covid-19 shock led to a decline in the previous quarter. Grab all the information & updates on Infosys salary at Gadgets Now. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. 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For the quarter ended 30 September 2018, Infosys posted a 10 per … Additionally, we are rolling out salary increases and promotions across all levels effective January 1,” Infosys COO Pravin Rao said. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Digital Editor. Some 400 people have been trained in these programmes till date. IT giant Infosys has announced that it will roll out salary hikes and promotions across all levels in the company from 2021. As per new reports coming in, junior and mid-level employees of Infosys … After TCS, Infosys to roll out salary hikes, promotions . Rao confirmed that Infosys is giving 100% variable pay along with a … Infosys on Wednesday said its consolidated net profit grew by 20.5 per cent to Rs 4,845 crore for the September 2020 quarter, while its revenues rose 8.5 per cent to Rs 24,570 crore over the year-ago period. 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