Infosys, a leading IT service provider, is expected to issue letters of salary in late February, with hikes ranging from 5% to 8%. These increments will come into force in April 2025.
The company has also started to issue promotion letters since December, indicating a strategic response to a planned increase in technological budgets for the coming financial year.
This decision arises while the environment of the request resumes, infosys positioning itself to capitalize on the expected increase in IT expenses, Moneycontrol reported.
“In general, the COMP (the annual salary increment) that we are expecting is 6 to 8% in India, and the compositions abroad will comply with the previous compounds revisions,” said the financial director Infosys, Jayesh Sanghrajka The Q3FY25 results.
In a contrasting development, Infosys has faced assets after having dismissed nearly 700 recruits from his Myuru campus.
These employees, who had only been with the company for a few months since their integration in September 2024, would have been rejected in what was described as “a shocking decision and contrary to ethics” by Harpreet Singh Saluja, the President of the IT union of the Nite Informatique Syndicate.
The union allegedly alleged that the “strokes and security staff” had been deployed during the dismissal process, which aroused significant criticism. The layoffs have aroused generalized indignation on social networks, users expressing sympathy and anger at the sudden losses of jobs.
A user described the situation as “really heartbreaking”, stressing that many recorders had waited for more than two years after obtaining the diploma to join Infosys, to be dismissed after six months. Another article has described the scene as “the most devastating photo in recent times”, highlighting the emotional impact on affected people who had trusted one of India’s largest IT companies for their career debut .
Delays in integration processes have become a notable problem in the Indian IT sector, several companies are struggling to align hiring on fluctuating market requests. This has led to prolonged expectations for new hires, exacerbating the uncertainty faced with new graduates.
