Information technology (IT) major Infosys will give an annual salary hike of around 6 per cent to its employees in India. Those located at in-client geographies are likely to get a raise between 1 and 1.5 per cent for the current year.
The Bengaluru-headquartered firm, which is facing a higher attrition rate in recent years, will roll out these salary hikes for 85 per cent of its employees, effective from April. These employees are in junior to middle management roles.
“We are repeating what we did last year. For about 85 per cent of our workforce, (who are in) the junior-to-middle management