News: Infosys likely to give salary raise in April

Compensation & Benefits

Infosys likely to give salary raise in April

Infosys chairman NR Narayana Murthy is spreading some New Year cheer among its 1.58 lakh employees. The company plans a salary increase in April, unlike last year when it gave increments in July and the year before that in October. Last July, the company announced an 8% increase in salaries for employees effective July 1. Employees based in other geographies were given an average increase of 3%. The global sales team was given an 8% increase effective May 1.

Infosys chairman NR Narayana Murthy is spreading some New Year cheer among its 1.58 lakh employees. The company plans a salary increase in April, unlike last year when it gave increments in July and the year before that in October. Last July, the company announced an 8% increase in salaries for employees effective July 1. Employees based in other geographies were given an average increase of 3%. The global sales team was given an 8% increase effective May 1.

Read the Times of India news report here.

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Topics: Compensation & Benefits, #Current, #Corporate, #TotalRewards

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