Infosys average bonus drops to 80% for Q3 ahead of annual salary hikes – The Times of India

Infosys average bonus drops to 80% for Q3 ahead of annual salary hikes – The Times of India

Despite Infosys increasing its revenue forecast for the current fiscal to 4.5%-5.0%, reduced pay-outs were anticipated. Infosys bonus news: IT services firm Infosys has announced disbursal of performance bonuses averaging 80% of the target to qualifying staff for the quarter ending December, prior to the scheduled annual salary revisions due by March-end, sources informed ET.The…

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TCS increments: Tata Consultancy Services to roll out salary hike letters soon; increases like in 4-8% range – The Times of India

TCS increments: Tata Consultancy Services to roll out salary hike letters soon; increases like in 4-8% range – The Times of India

TCS has connected its increments and variable payments to staff adherence with its newly implemented return-to-office directive. (AI image) TCS (Tata Consultancy Services), India’s largest IT services provider, will implement annual salary increases for FY25 in March, with disbursements beginning in April. According to sources familiar with the matter, the increments are expected to range…

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