Representational Image | Photo Credit: PTI Infosys CEO Salil Parekh said the software major has started to take some decisions on promotions and salary hikes for some employees and will review it by the end of the current quarter, which ends in September. Three employees of Infosys Ltd., who have been accused of accessing personal information and hastening the income tax refund process, have been terminated on the charge of violating company policies. Sales $12.8B. Infosys had given variable pay hike to its employees during the first quarter. Infosys on Wednesday said its consolidated net profit grew by 20.5 per cent to Rs 4,845 crore for the September 2020 quarter, while its revenues … Voluntary attrition was at 7.8%, the lowest among many quarters. New Delhi: IT firm Infosys has announced to roll out 100% variable pay in July-September quarter along with a one-time special incentive to junior level employees for the Q2. Infosys brings back stranded employees, family from US 06 Jul, 2020, 07.21 PM IST The Bengaluru-based software services exporter brought them back from San Francisco in a special chartered flight, two people aware of the matter told ET. Infosys is a global leader in next-generation digital services and consulting. With over three decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through the many nexts of their digital journey. The Indian IT major had frozen hikes and promotions in April for its 1.2 lakh employees amid the unprecedented Covid turmoil. The country's second largest software services company - Infosys - has terminated the services of non-performing employees at multiple levels. Infosys has begun adding freshers in the June-September quarter. Employee count stood at 2,40,208 people. Bottom line -- Infosys is committed to their employees. expected question!! Infosys paid 6% to over 85% of its employees in 2019. We enable clients in 46 countries to navigate their digital transformation. Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. * As a infoscion it's my pleasure to share this * There are so many things that will attract you to work in infosys * Infosys has been ranked in Fortune magazine’s 100 Fastest Growing Companies 2014. "The attrition is significantly lower and it is to our comfort. While suspending hikes and promotions, Infosys had said that it will start honouring the job offers that have already been extended to the students. The Infosys Expanded Stock Ownership Program 2019, under which grants will vest based on performance, aims to align employee interest … Infosys | 3,608,431 followers on LinkedIn. As we adapt to the new norm in the world - Infosys has supported each of us with the ability to work from home and has provided employee well being interventions. ... Employees 204,107. Salary hikes will be identical to previous years.
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