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Infosys to Roll Out Salary Hikes in October
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Infosys, an Indian IT firm, has announced that it will roll out salary hikes for most of its employees in October. The decision was made by the company's CEO, Salil Parekh, who sees an improvement in the macroeconomic environment.
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Infosys to Roll Out Salary Hikes in October
Infosys, an Indian IT firm, has announced that it will roll out salary hikes for most of its employees in October. The decision was made by the company's CEO, Salil Parekh, who sees an improvement in the macroeconomic environment. Parekh stated that the company will provide hikes to most employees in October, citing the improving macros as the reason. The company's ADR declined by 4% following the announcement. The decision is expected to boost employee morale and retention rates.
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