Infosys to start rolling out hikes starting February; in line with CFO Jayesh Sanghrajka’s “anniversary” timeline

Infosys is all set to begin the rollout of annual pay hikes starting in February, adhering to CFO Jayesh Sanghrajka’s “anniversary” timeline. As reported by Economic Times, Employees at job level five (JL5) will receive their letters in February, with the raise effective retrospectively from January 1. Employees at JL6 and above will receive their letters in March, with the pay raise becoming effective in April. A senior executive shared this information at an Infosys Validation Services (IVS) unit town hall.