Infosys Gives 6-7 Percent Wage Hike To Employees

Murthy was brought back at the helm in June last year to try and pull Infosys back on the growth track following several quarters of dismal performance.

Within weeks of his return, Infosys increased salaries of its employees in India during 2013-14 by an average 8 percent.

In 2012, Infosys had delayed hikes and salary increases were given only in October when the company came under pressure due to increments offered by peers.

In January, Murthy had said the company is looking at returning to its practice of announcing salary increments effective April.

According to global HR firm Aon Hewitt, employees in the IT sector (Hi-Tech industry) can expect an average salary increase of 10.2 percent during 2014.

Increments in the software products industry are estimated at 10.8 percent and knowledge process outsourcing at 11.9 percent.

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Source: PTI