Infosys salary hike: India's second-largest IT major rolls out increments for employees, average hike pegged at 5-8%

Infosys salary hike: India’s second-largest information technology (IT) services company, Infosys, has begun implementing employee salary hikes. According to a report by Moneycontrol, the software services company started implementing the wage hikes on February 24, 2025. On average, the salary hikes for most of the employees at Infosys range from 5-8 per cent.

According to the report, the top performers received 10-12 per cent salary hikes. The Bengaluru-based IT major classifies employees' performance into four categories: outstanding, commendable, met expectations, and needs improvement. Salary hikes were rolled out in band JL6 and below, effective April 1.

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According to reports, Infosys employs over 3.23 lakh professionals and last implemented the salary hikes in November 2023. "Broadly, the comp (annual salary increment) that we are expecting is 6-8 per cent in India, and the overseas comps will be in line with the earlier comp reviews," Infosys’ Chief Financial Officer Jayesh Sanghrajka said while addressing the press after declaring the third quarter results ending December 31, 2024 (Q3FY25).

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Infosys Q3 Results 

On January 16, the Sahil Parekh-led tech giant reported a rise of 11.4 per cent in net profit at ₹6,806 crore in the October-December quarter of FY25, compared to ₹6,106 crore in the year-ago period. Revenue for the quarter under review came at ₹41,764 crore, up 7.6 per cent year-on-year (YoY). 

Revenue in constant currency (CC) terms rose 6.1 per cent YoY and declined by 1.7 per cent sequentially. Improved demand from US clients helped all business segments at Infosys post higher growth, with its mainstay financial services arm notching 6.1 per cent revenue growth. Large order bookings, or deals over $50 million, stood at $2.5 billion during the quarter, versus $2.4 billion in the previous quarter and $3.2 billion in the year-ago period.

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Revenue rose 7.6 per cent to ₹41,764 crore. Infosys raised its full-year revenue growth forecast to 4.5-5 per cent from 3.75-4.5 per cent earlier. Parekh said: “Our strong revenue growth sequentially in a seasonally weak quarter and broad-based year-on-year growth, along with robust operating parameters and margins, is a clear reflection of the success of differentiated digital offerings, market positioning and key strategic initiatives.”

In the December quarter, Infosys' voluntary attrition rate in the IT Services segment increased to 13.7 per cent from 12.9 per cent in the September 2024 quarter and the December 2023 quarter. Total employees increased to 323,379 from 322,663 on a YoY basis in the third quarter of the current fiscal.