Infosys gives salary increments to employees

Image
IANS Bangalore
Last Updated : Jun 13 2013 | 5:45 PM IST

Indian IT bellwether Infosys Ltd Thursday announced salary increments to eligible employees in India and overseas with effect from July 1 of this fiscal (2013-14).

"All eligible employees based in India will be given a salary increase of eight percent while those in other geographies who have not been covered by annual hike in February, can look forward to an increase of three percent in their salary," the company said in a statement here.

The company's global sales force will also be given an eight percent increase in their salary retrospectively from May 1.

The global software major has about 150,000 employees worldwide, with majority at its development centre across India.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 13 2013 | 5:32 PM IST

Next Story