New Delhi: Infosys will give out pay hikes in the range of 6.5 percent to 9 percent to employees in India for the financial year 2015-16. Sources said effective April 1, the Bangalore-based firm is offering average hike of about 6.5 percent.
They added, on the other hand, top performers at the firm will be given a hike of about 9 percent, while salaries of onsite employees will be raised by about 2 percent. The company spokesperson confirmed the news. Last year, the company had given salary hikes of about 6-8 percent to employees in India, and about 1-2 percent for onsite employees.
This is the first wage hike to be rolled out since Vishal Sikka took over as the chief executive in August last year. The company, which was facing an exodus of senior-level executives over the past two years, has also been grappling with high attrition rates.
