Infosys to offer salary hikes to eligible employees within two months: 5-point summary

Infosys has said that pay raises for employees who qualify will start happening in the two months; most workers should get their new salaries in October. A few employees won’t get a raise during this time. The news came at the time as the company shared its financial results for the quarter that ended in June. Infosys also talked about its plans to hire people information about a change, in leadership and what it expects for the future. Here are the five important things you should know.

1. Salary hikes to begin in October

Infosys CEO Salil Parekh stated that the company will begin implementing annual salary hikes in a phased manner. According to Parekh, the majority of eligible employees will receive their increases in October, while others will receive them a few months later, as reported by Money Control. The company has not disclosed the average percentage of the increases. As in previous years, the raises are expected to be linked to employee performance and eligibility.

2. Not everyone will receive a raise

Infosys has made it clear that the salary review will only apply to Infosys employees. The company has not said what makes an employee eligible for this. But usually, tech companies like Infosys give salary hikes based on how the employee has done their job what their job is, how long they have been working at the company and what the company needs. The report says that senior level employees, at Infosys will not have their performance reviewed this October. This is because they will get their salaries in January 2027.

3. Infosys plans to hire 20,000 fresh graduates

Infosys has also reaffirmed its commitment to hiring new talent. The company plans to bring on board approximately 20,000 fresh graduates during the current fiscal year. It has already hired over 4,000 recent graduates in the first quarter; however, the total workforce saw a slight decline. As of June 30, Infosys’s headcount stood at 328,062, slightly lower than the 328,594 recorded at the end of March. The attrition rate over the last 12 months also rose slightly, moving from 12.6% in the previous quarter to 13%.

4. New CEO announcement and revenue forecast cut

Infosys also announced a major leadership change. Ashiss Kumar Dash, who currently heads the company’s energy division and has been with Infosys for over three decades, has been named CEO-designate. He will assume the role of CEO in April 2027, following the conclusion of Salil Parekh’s tenure.

The company also lowered the upper end of its annual revenue growth forecast to 3%—down from the previous 3.5%—reflecting a more cautious business outlook.

5. AI demand rises, but clients remain cautious

In the quarter that ended in June Infosys said they made 482.11 billion rupees. This is a lot of money 48,211 crore. It is 14 percent more than the time last year. It is a little less than what people thought it would be. Some clients are waiting to spend money because things are changing fast with Artificial Intelligence. At the time Infosys is getting more business from Artificial Intelligence services. Artificial Intelligence services now make up 8.2 percent of Infosys money, which’s more than the 5.5 percent in the December quarter. Infosys also got some deals worth 3.6 billion dollars for the quarter. This shows that companies are still spending money on technology projects even if they are being careful, with short term spending. Infosys is doing well with Artificial Intelligence. Getting big deals.

How does this compare to TCS?

Infosys just made an announcement about salary hikes. This is happening a months after TCS did the same thing for its employees. TCS said the hikes would be based on how the employees did their jobs. Some employees at TCS were not happy with this decision. They said the changes to their salaries made it look like they were getting paid less even though TCS said the employees would still take home the amount of money.

Like TCS Infosys is also being careful about giving salary hikes to its employees. The big IT companies in the country are trying to balance giving salaries to their employees with the fact that clients are not spending as much money as they used to. At the time these companies are spending more money on Artificial Intelligence, which is, like Infosys and TCS.