Infosys had over 2.40 lakh employees as of September end. Infosys will roll out salary hikes and promotions for employees across all levels effective January 1. The company had 2,40,208 employees at the end of September 2020 quarter. Infosys announces salary hikes, 100% variable pay and special incentive for employees Money Results Wednesday, October 14, 2020 - 16:44 Shilpa S Ranipeta Follow @Shilparanipeta Infosys COO Pravin Rao said the quantum of salary hikes will be identical to those seen in previous years. See Infosys salary hike Latest News, Photos, Biography, Videos and Wallpapers. IT major Infosys on Wednesday said that it will roll out salary hikes and promotions across all levels effective from January 1, 2021. In the September 2020 quarter, Infosys added 975 people. This decision follows its Q2F21 report which has recorded massive profits for the company. Infosys COO Pravin Rao said the quantum of salary hikes will be identical to those seen in previous years. Voluntary attrition was at 7.8%, the lowest among many quarters. As per the company's report for Q2F21, the tech-giant has recorded a net profit of 20.5 per cent for its quarter ending September 30. Infosys COO Pravin Rao said the quantum of salary hikes will be identical to those seen in previous years. Infosys paid 6% to over 85% of its employees in 2019. It is also giving 100 per cent variable pay, along with a special incentive for junior employees. Last year, the average wage hike by Infosys in India was around 6 per cent, while it was 1-1.5 per cent outside the country. The announcement of salary hike and promotions by Infosys came a week after its industry rival TCS announced that it will roll out salary hikes for its employees effective October 1. IT giant Infosys has announced that it will roll out salary hikes and promotions across all levels in the company from 2021. Infosys To Roll Out Salary Hikes, Raises Revenue Forecast Consolidated net profit for Infosys in the September quarter climbed 26.6 per cent to Rs 4,845 crore. In FY20, the average wage hikes for Infosys’ employees in India was around six per cent, while it was between 1-1.5 per cent for those located overseas. Infosys salary hike profile on Times of India Last year, the average wage hike by Infosys in India was around 6 per cent, while it was 1-1.5 percent outside the country. In the September 2020 quarter, Infosys added 975 people. Infosys to roll out salary hikes, promotions across all levels 2 min read. Soon after the outbreak of the Covid-19 pandemic, Indian IT majors including TCS, Infosys and Wipro had decided to freeze the salary hike decision as a cautionary move. The second-biggest software firm Infosys Ltd has posted a 20.5 per cent hike in its net profit for the quarter ending September 30. 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