Infosys Salary Hike: Infosys is going to start the fresh appraisal cycle for the current financial year this week and according to a well-known financial portal, information has come to light that the last hike has not been received yet.
Infosys Salary Hike: Infosys, the country’s second largest IT exporter, is going to start its ‘Performance Review Cycle October 2023’ from September 29. Through an e-mail sent to the managers of the company, it has been said that the process of self evaluation should be started from September 29. The evaluation of managers will be completed by the end of October and the ratings will be communicated to individual employees by the first week of December.
Information received from Economic Times news
According to the news of Economic Times, ET has seen the copy of the e-mail that Infosys has sent to its managers. According to this, Infosys is going to start the fresh appraisal cycle for the current financial year this week. However, four employees of the company told ET that they are still waiting for the salary hike to come under the last performance cycle.
How long is this self evaluation for?
According to the mail sent by Infosys to the employees, this self-evaluation will be for the performance of the cycle between October 2022 and September 2023. Two employees of the company, on the condition of anonymity, told ET that on one hand, the process of fresh appraisal cycle is starting, on the other hand, they did not get the salary hike during the previous appraisal cycle (October 2021 to September 2022). Have got. Apart from this, there is also no clarity whether the money from the pending hike will be clubbed with the upcoming increment cycle or it will be left out.
One of the employees said that we have to tell about our self-evaluation and achievements soon… Last year also the appraisal process was done and ratings were closed, but the salary hike (salary revision) has not been released yet. Which usually comes in June or July.
What has Infosys said
An attempt was made to know the answer to this matter in an e-mail sent to Infosys but no answer or response has come from the company.
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