Infosys to roll out hikes on November 1 after deferring for two quarters

 Infosys to roll out hikes on November 1 after deferring for two quarters, confirms CHRO Indian IT services company Infosys is all set to roll out annual hikes to its employees on November 1, the company’s Chief Human Resources Officer Shaji Mathew said in a town hall. The IT company had been deferring this hike since the past two quarters. The IT company usually rolls out the annual hikes to all its employees below the senior management in the month of April. Rest of the employees receive it in July. This year, the company had deferred the annual hike as it was optimising the business due to headwinds faced by the sector.In an investor call post earnings, Chief Financial Officer Nilanjan Roy noted that the wage hike was deferred to counter the inefficiencies in the company. He explained that such steps have improved the company’s margins by 50 basis points. [Read more]( If you would prefer not receiving our emails, please [Click Here](