QuirkyBanana
QuirkyBanana
2mo

Trending @Infosys; I heard this news New labour code drags down infosys profit.so will infy give hike this year which they supposed to give on March.

2mo ago
ZippyMarshmallow
ZippyMarshmallow

Qtrly meeting jayesh said it is not decided yet

QuirkyBanana
QuirkyBanana

Hmmm.not decided yet.. really no motivation to do work...

PerkyBagel
PerkyBagel

Supposed to give in march? Is there any communication on giving a hike in march by Infosys?

QuirkyBanana
QuirkyBanana

Yes as far as I know everyone will get default hike after completing 3 years and I got hike letter on Feb 25 and effected in March salary.its completed one year till now..so again expecting the same.. default hike 4 or 5 percentage.. peanuts,😊

GigglyHamster
GigglyHamster

Same question

SwirlyNoodle
SwirlyNoodle

I don’t think it will drag down profits . For that they have to pay more to employees. They will increase our basic pay but our CTc would remain. The company contribution to PF will increase because of basic pay hence they will reduce it from some other component. So i don’t see a big impact

BouncyRaccoon
BouncyRaccoon

Yes it’s down

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