Infy Of­fers Salary Hikes of up to 12%

The Economic Times - - Companies -

While In­fosys handed out av­er­age salary hikes of about 6-12% across the board for all its off­shore staff, em­ploy­ees have mixed feel­ings about the lat­est round of pay in­crease, with some call­ing the broad range “con­fus­ing”, re­port Neha Alawadhi and Anir­ban Sen. Separately, In­fosys also pro­moted about 2,147 em­ploy­ees dur­ing the quar­ter, bring­ing the to­tal num­ber of pro­mo­tions to 8,900 for the year — much lower than the 23000-odd pro­mo­tions handed out in the 2015-16 fi­nan­cial year — as the firm gets more se­lec­tive about pro­mo­tions and fo­cuses on re­ward­ing only stand­out em­ploy­ees.

NEW DELHI | BEN­GALURU

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