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.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
