This step would not only encourage people to work better by increasing utilisation but also help the company contain attrition, say sources.
Infosys , the country's second largest software services will give 15-20 percent salary hike to the top performers, say sources. The intention behind this move clearly seems to be to curb attrition, which the company has been struggling with it.
On Firday the compnay said they would give out pay hikes in the range of 6.5 percent to 9 percent to employees in India for the financial year 2015-16.
While the overall average wage hike would be effective from April 1, which is 1-2.5 percent for onsite and 6.5 percent for offshore, higher performers would get a hike of 9.5 percent and the top performers would get 15-20 percent hike. For this, per team one to two percent of the top most employees have been scrutinized, say sources.
This step would not only encourage people to work better by increasing utilisation but also help the company contain attrition. This is the highest hike by company had done in the last three years for top performers.
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