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QuirkyNarwhal
QuirkyNarwhal
19mo
by
Infosys

Trending @Infosys; Promotion and ℅ of Hike with it???

Hello All, I just want to know. If promotion happens in Infosys from TA to TL how much ℅ of salary will increase??

P.S. I'm asking about a promotional hike, not a yearly hike.

Anyone know the policy here??? Please help. Because HR helpdesk is useless here.

19mo ago
QuirkyNarwhal
QuirkyNarwhal
Infosys
19mo

I have one more query guys. If I got a promotional hike last quarter, will I still be eligible for a yearly hike???

PerkyNugget
PerkyNugget
Cognizant
19mo

Yes

SillyPancake
SillyPancake
Infosys
19mo

No

FluffyNarwhal
FluffyNarwhal
Infosys
19mo

Typically 15-18%...

QuirkyNarwhal
QuirkyNarwhal
Infosys
19mo

I got 12℅ - 8℅ variable and 4℅ fix

SwirlyNoodle
SwirlyNoodle
Infosys
19mo

That’s not possible. Variable is percent of your CTC not your hike. Variable pay is 15% of your CTC. Your CTC increased by 12%. So you CTc was 100 with 85 fixed and 15 variable. Now your CTC is 112 with 95 fixed and 17 variable.

PerkyNugget
PerkyNugget
Cognizant
19mo

12-15%, most of it will go to variable pay

QuirkyNarwhal
QuirkyNarwhal
Infosys
19mo

Yes correct. But why has it gone more towards variables. What is the point of getting promotion if the fix is only 4℅ increased.

PerkyNugget
PerkyNugget
Cognizant
19mo

You are a very good question, but your question hurt all the Infoscions

PeppySushi
PeppySushi
Infosys
19mo

I got it last week. 12% hike out of which 8% is variable.

QuirkyNarwhal
QuirkyNarwhal
Infosys
19mo

Exactly the same here. I got 12℅ out of which 8℅ variable and 4℅ fix

SwirlyNoodle
SwirlyNoodle
Infosys
19mo

Earlier it was 15-18%. Now folks this year are getting 10-12%. So when your are fighting for promotion pls ensure you tell your managers the hikes you are expecting not sure if they have anything in their hands though. The variable pay ratio would remain say at 15%

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