[ad_1]
It is expected that Infosys, a leading information technology specialist, is planning a salary increase for its older employees in January 2019. However, this increase is expected to be less than one figure, generally between 3 and 5%.
This time, the company should focus more on performance incentives related to digital contracts, the Times of India reported. Infosys employees working at the junior level earned an increase in their salary in April of this year. According to the ToI, the company had planned an increase in its senior staff for July 2018, but the postponement was delayed. Presidents and Executive Vice Presidents. In addition to the salary increase, a hundred high-level employees can also benefit from a promotion. Senior Vice Presidents should also obtain restricted share units.
According to the ToI report, apart from digital performance, performance incentives for Infy executives will also depend on margins and operating revenues. Infy's move took place at a time when many other IT companies are laying off employees, especially seniors. They did this to integrate more recruits into the new age skills.
Tech Mahindra lowered the retirement age, while Cognizant offered its senior employees a voluntary retirement offer. He also dismissed 200 executives.
Earlier this year, a study by Aon India Consulting on the annual wage increase predicts a one-digit average wage increase in the Indian IT sector. The increases granted this year by Indian IT companies are in line with expected trends.
Get live BSE and NSE prices as well as the latest net badet value, mutual fund portfolio, calculate your tax by market tax calculator, know the best market gains, Top Losers & Best Equity Funds . Like us on Facebook and follow us on Twitter .
[ad_2]
Source link
