Infosys kicks off salary hikes, appraisal letters sent to ‘large no. of employees’

Infosys has kicked off its delayed pay hike, as a ‘large number of employees’ received their salary revision letters on Friday.

The hike is with effect from November 1, the letters said. Typically, hikes at the tech giant are effective from April 1 each year.

“We are pleased to revise your compensation in acknowledgement of your commitment and performance with effect from November 1, 2023. We also thank you for your unparalleled support and efforts to overcome the current challenges, and ensure success in all aspects,” the letters stated, according to The Economic Times.