NRI Pulse

Business

Infosys gives salary increments to employees

Bangalore, June 13 (IANS) 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.

Related posts

Indian American venture capitalist sues PayPal for racial discrimination

Veena

Small businesses hit by coronavirus can lower property tax bill to increase cashflow

Veena

SEC takes action to halt nearly $130 mn Ponzi scheme targeting Indian-Americans

Veena

Leave a Comment