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Sikka's plan to hire 10,000 Americans will cost Infosys $1 billion in wages

For 2016-17, Infosys' consolidated employee expenses stood at Rs 37,659 crore

Infosys, Vishal, Sikka, Vishal Sikka
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Vishal Sikka. Photo: Suryakant Niwate

Vishal Chhabria Mumbai
Infosys’ planned move to hire 10,000 Americans would mean an increase of only  about five per cent in its workforce, but it might cost the company about $1 billion in wages, assuming an average annual salary of $100,000 to each individual. The company had 200,364 employees at the end of March. Analysts say Indian companies pay an annual salary of about $60,000 to an immigrant working for them on H1-B visa in the US.

Local employees (US citizens) costs about 20 per cet more than Indian immigrants. Earlier this year, a couple of Bills put up before the US House