Majority of senior Infosys executives still await hike

BENGALURU: InfosysNSE -0.22 % had said in April that the top 15% of its executives, including middle and senior management staff, who had not been given salary increments effective April would be given the same with effect from July. But only about a quarter of these executives (those in job level, or JL, 7 and above — delivery managers and higher) have been given a compensation increase of 3-5%. The hikes for the rest have been deferred, sources said.

It’s not clear exactly how many employees are in the JL 7 and above categories, but one Infosys report said there are 30,092