Trending @Infosys; Most awaited update on Compensation & Benefits

• source (Q3 Townhall meeting)

For the majority of the people, it would be effective 1st of January. And for the rest, it will be effective April 1st. In addition, we have also made some other changes. So we are looking to increase our promotion increment from a JL 3 to 4 promotion as well as for a JL 4 to 5 promotions in India from Q3 onward. So you would see that being effective from Q3. And then the other important thing is that if you look at the variable pay, I was looking at the current quarter's number, which is actually one of the better numbers that I've seen in last several quarters, so these are all some of the positive things that we can look forward to in this quarter. And we are also looking at something for the next quarter, which is from an internal employee first mindset. This is really about how can we do more promotions for our people rather than recruiting a larger number of people from outside. So that's a program that we are working on. I will share more details about that next quarter. So this is something a work in progress.