India's pioneer IT services firm, Infosys has announced salary hikes and promotions to employees from January 2021. The Bengaluru-based company has 2,40,208 … Additionally, we are rolling out salary increases and promotions across all levels effective January 1,” Infosys COO Pravin Rao said. Infosys has announced that junior employees will be getting a special pay incentive in the third quarter. Infosys to roll out salary hikes from January 2021; to pay special bonus in December quarter 15 Oct, 2020, 11.26 AM IST. The Bengaluru-based company has 2,40,208 employees at the end of September 2020 quarter. Infosys is also giving 100 per cent variable pay, along with a special incentive for the second quarter. “Employees have been critical part of our success. Infosys is also giving 100 per cent variable pay, along with a special incentive for the second quarter. Infosys CEO Salil Parekh said that the company will pay a special bonus in the quarter to December, while paying 100% variable pay in the previous quarter. These measures are likely to affect margins. Infosys is also giving 100 percent variable pay, along with a special incentive for the second quarter. The renowned company made this announcement while declaring its quarterly results. The company has said that it will offer 100% variable pay along with a special incentive scheme for Q2. India's second-largest IT services firm Infosys on Wednesday said it will roll out salary hikes and promotions across all levels effective January 1. New Delhi: India’s second-largest IT services firm Infosys on Wednesday said it will roll out salary hikes and promotions across all levels effective 1 January. The IT services firm made … Infosys CEO Salil Parekh said that the company will also pay a special bonus in the quarter to December, while paying 100% variable pay in the previous quarter. In a virtual meeting, the CEO and MD of Infosys, Salil Parekh has confirmed the news. "Recognising the continuing stellar commitment from our employees during these times, we are paying out variable pay for the quarter at 100 per cent. Infosys’ junior employees were also awarded a one-time special incentive over the last three months. As a recognition of their stellar performance, we are giving 100% variable pay along with a special incentive for Q2. Rao confirmed that Infosys is giving 100% variable pay along with a special incentive for Q2. Infosys is also giving 100 per cent variable pay, along with a special incentive for the second quarter. The Bangalore-based company has 2,40,208 employees at the end of September 2020. Infosys, too, has announced that the junior employees at the company will be rewarded with a special payment incentive. The Bengaluru-based company has 2,40,208 employees at the end of September 2020 quarter. 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