{"id":986,"date":"2023-12-17T08:24:19","date_gmt":"2023-12-17T08:24:19","guid":{"rendered":"https:\/\/ventil.rs\/blog\/business\/infosys-salary-hikes-announced-ahead-of-holiday-season-heres-the-likely-average-hike-times-of-india\/"},"modified":"2023-12-17T08:24:19","modified_gmt":"2023-12-17T08:24:19","slug":"infosys-salary-hikes-announced-ahead-of-holiday-season-heres-the-likely-average-hike-times-of-india","status":"publish","type":"post","link":"https:\/\/ventil.rs\/blog\/business\/infosys-salary-hikes-announced-ahead-of-holiday-season-heres-the-likely-average-hike-times-of-india\/","title":{"rendered":"Infosys salary hikes announced ahead of holiday season; here\u2019s the likely average hike &#8211; Times of India"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>Infosys<!-- -->, the second largest IT services company in India, has brought some holiday cheer to its employees by announcing <!-- -->salary revisions<!-- -->. This move comes as a much-needed morale booster for the information technology sector, which has been grappling with sluggish demand for <!-- -->technology services<!-- --> worldwide.<br \/>According to sources quoted by ET, the salary revisions, which are usually effective from April 1, will now be implemented from November 1, 2023.However, it&#8217;s important to note that entry-level workers have not be included in this review process.<\/p>\n<p>In a communication sent to employees, Infosys expressed its appreciation for employees\u2019 commitment and performance, stating, &#8220;We are pleased to revise your compensation in acknowledgement of your commitment and performance with effect from November 1, 2023.&#8221; The company also expressed gratitude for the employees&#8217; unwavering support in overcoming challenges and achieving success.<\/p>\n<div data-pos=\"0\" class=\"id-r-component QbQNS undefined  &#10;        \">\n<div><\/p>\n<p>Infosys salary hikes<\/p>\n<\/div>\n<\/div>\n<p>While the exact details of the salary hikes have not been disclosed, sources suggest that the average increase will be below 10%. Some employees have received single-digit hikes, while others may see low-double-digit raises. However, the average hike is expected to remain under 10%.<br \/>Interestingly, these salary revision letters were sent just a day before Infosys&#8217; &#8216;Stellar Saturday Culture Carnival&#8217; event, that was scheduled for December 16. This event aims to celebrate the company&#8217;s vibrant culture and was held across its various campuses in India.<br \/>When approached for comment, an Infosys spokesperson remained unavailable.<\/p>\n<p>It&#8217;s worth noting that the company had previously delayed the announcement of compensation reviews, which are typically made in June with retrospective effect from April 1. During the earnings conference after the first quarter, Infosys&#8217; CFO, Nilanjan Roy, had mentioned that the possibility of annual hikes was being actively considered.<br \/>Read From ET | <a href=\"https:\/\/economictimes.indiatimes.com\/tech\/information-tech\/infosys-kicks-off-holiday-season-with-long-awaited-pay-hike\/articleshow\/106031923.cms\" rel=\"noopener nofollow noreferrer\" styleobj=\"[object Object]\" class=\"\" target=\"_blank\" frmappuse=\"1\">Salary hikes plans of Infosys<\/a><br \/>Earlier this week it was reported that <a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/infosys-to-make-3-day-work-from-office-mandatory-amid-narayana-murthys-focus-on-productivity\/articleshow\/105922072.cms\" styleobj=\"[object Object]\" class=\"\" frmappuse=\"1\">Infosys is now mandating work from office at least three days a week<\/a>. The decision comes after Infosys\u2019 call for resuming work from office at least 10 days a month had received tepid response.<\/p>\n<\/div>\n<p><script>!(function(f, b, e, v, n, t, s) {\n    function loadFBEvents(isFBCampaignActive) {\n      if (!isFBCampaignActive) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        if (f.fbq) return;\n        n = f.fbq = function() {\n          n.callMethod ? n.callMethod(...arguments) : n.queue.push(arguments);\n        };\n        if (!f._fbq) f._fbq = n;\n        n.push = n;\n        n.loaded = !0;\n        n.version = '2.0';\n        n.queue = [];\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/connect.facebook.net\/en_US\/fbevents.js', n, t, s);\n      fbq('init', '593671331875494');\n      fbq('track', 'PageView');\n    };<\/p>\n<p>    function loadGtagEvents(isGoogleCampaignActive) {\n      if (!isGoogleCampaignActive) {\n        return;\n      }\n      var id = document.getElementById('toi-plus-google-campaign');\n      if (id) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        t.id = 'toi-plus-google-campaign';\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/www.googletagmanager.com\/gtag\/js?id=AW-877820074', n, t, s);\n    };<\/p>\n<p>    function loadSurvicateJs(allowedSurvicateSections = []){\n      const section =  window.location.pathname.split('\/')[1]\n      const isHomePageAllowed = window.location.pathname === '\/' && allowedSurvicateSections.includes('homepage')<\/p>\n<p>      if(allowedSurvicateSections.includes(section) || isHomePageAllowed){\n        (function(w) {\n          var s = document.createElement('script');\n          s.src=\"https:\/\/survey.survicate.com\/workspaces\/0be6ae9845d14a7c8ff08a7a00bd9b21\/web_surveys.js\";\n          s.async = true;\n          var e = document.getElementsByTagName('script')[0];\n          e.parentNode.insertBefore(s, e);\n        })(window);\n      }<\/p>\n<p>    }<\/p>\n<p>    window.TimesApps = window.TimesApps || {};\n    var TimesApps = window.TimesApps;\n    TimesApps.toiPlusEvents = function(config) {\n      var isConfigAvailable = \"toiplus_site_settings\" in f && \"isFBCampaignActive\" in f.toiplus_site_settings && \"isGoogleCampaignActive\" in f.toiplus_site_settings;\n      var isPrimeUser = window.isPrime;\n      if (isConfigAvailable && !isPrimeUser) {\n        loadGtagEvents(f.toiplus_site_settings.isGoogleCampaignActive);\n        loadFBEvents(f.toiplus_site_settings.isFBCampaignActive);\n        loadSurvicateJs(f.toiplus_site_settings.allowedSurvicateSections);\n      } else {\n        var JarvisUrl=\"https:\/\/jarvis.indiatimes.com\/v1\/feeds\/toi_plus\/site_settings\/643526e21443833f0c454615?db_env=published\";\n        window.getFromClient(JarvisUrl, function(config){\n          if (config) {\n            loadGtagEvents(config?.isGoogleCampaignActive);\n            loadFBEvents(config?.isFBCampaignActive);\n            loadSurvicateJs(config?.allowedSurvicateSections);\n          }\n        })\n      }\n    };\n  })(\n    window,\n    document,\n    'script',\n  );<\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/infosys-salary-hikes-announced-ahead-of-holiday-season-heres-the-likely-average-hike\/articleshow\/106060806.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Infosys, the second largest IT services company in India, has brought some holiday cheer to its employees by announcing salary revisions. This move comes as a much-needed morale booster for the information technology sector, which has been grappling with sluggish demand for technology services worldwide.According to sources quoted by ET, the salary revisions, which are&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/ventil.rs\/blog\/business\/infosys-salary-hikes-announced-ahead-of-holiday-season-heres-the-likely-average-hike-times-of-india\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Infosys salary hikes announced ahead of holiday season; here\u2019s the likely average hike &#8211; Times of India&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":987,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/static.toiimg.com\/thumb\/msid-106061629,width-1070,height-580,imgsize-27084,resizemode-75,overlay-toi_sw,pt-32,y_pad-40\/photo.jpg","fifu_image_alt":"","footnotes":""},"categories":[3],"tags":[77,700,699,698,697,696,695,694,693],"class_list":["post-986","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business-news","tag-indian-it-sector","tag-infosys","tag-infosys-news","tag-infosys-salary-hike","tag-it-sector","tag-it-sector-hiring","tag-salary-revisions","tag-technology-services"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.8 (Yoast SEO v22.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Infosys salary hikes announced ahead of holiday season; here\u2019s the likely average hike - Times of India - Breaking News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ventil.rs\/blog\/business\/infosys-salary-hikes-announced-ahead-of-holiday-season-heres-the-likely-average-hike-times-of-india\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Infosys salary hikes announced ahead of holiday season; here\u2019s the likely average hike - Times of India\" \/>\n<meta property=\"og:description\" content=\"Infosys, the second largest IT services company in India, has brought some holiday cheer to its employees by announcing salary revisions. This move comes as a much-needed morale booster for the information technology sector, which has been grappling with sluggish demand for technology services worldwide.According to sources quoted by ET, the salary revisions, which are...Read More &ldquo;Infosys salary hikes announced ahead of holiday season; here\u2019s the likely average hike &#8211; Times of India&rdquo; &raquo;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ventil.rs\/blog\/business\/infosys-salary-hikes-announced-ahead-of-holiday-season-heres-the-likely-average-hike-times-of-india\/\" \/>\n<meta property=\"og:site_name\" content=\"Breaking News\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-17T08:24:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.toiimg.com\/thumb\/msid-106061629,width-1070,height-580,imgsize-27084,resizemode-75,overlay-toi_sw,pt-32,y_pad-40\/photo.jpg\" \/><meta property=\"og:image\" content=\"https:\/\/static.toiimg.com\/thumb\/msid-106061629,width-1070,height-580,imgsize-27084,resizemode-75,overlay-toi_sw,pt-32,y_pad-40\/photo.jpg\" \/>\n<meta name=\"author\" content=\"Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/static.toiimg.com\/thumb\/msid-106061629,width-1070,height-580,imgsize-27084,resizemode-75,overlay-toi_sw,pt-32,y_pad-40\/photo.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ventil.rs\/blog\/business\/infosys-salary-hikes-announced-ahead-of-holiday-season-heres-the-likely-average-hike-times-of-india\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ventil.rs\/blog\/business\/infosys-salary-hikes-announced-ahead-of-holiday-season-heres-the-likely-average-hike-times-of-india\/\"},\"author\":{\"name\":\"Admin\",\"@id\":\"https:\/\/ventil.rs\/blog\/#\/schema\/person\/8b364f5cc7fbc8705a888e63db8c026a\"},\"headline\":\"Infosys salary hikes announced ahead of holiday season; 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