Trending @Infosys; Appraisal is kind of a joke š¤”š¤” in Infosys
Despite leading and delivering critical projects and getting outstanding ratings for two years continuously, I did not get even 1 Rupee increment or promotion.
I have fought for a hike for the last two cycles. Nothing worked. Now, when I plan to leave the company, they come with an on-site opportunity with basic pay that only supports sustaining in that country. Again, peanut š„ business comes into the picture.
Donāt believe in your manager's promise or company promise on hikes or appraisal. They are just playing dirty business on corporate slavery.
Do prepare for an interview and move on.
Bro how come with outstanding rating you didnāt got hike?? Btw when you joined infy ?
They came up with some Cranky and stupid criteria as of October 31 2021 working JL4 employees are only eligible for hike. Any one who joined infosys after that cut off period are not considered for hike.
They did not even considered appraisal rating or feed back based on my deliverables and performance.
Ok you joined after oct 2021 then , yes true itās very bad .. some of my teammates jl5 they havenāt received from last 3 year nearly now
Also, PLI is a scam
Whatever is state of company's quarterly result. We never get 100 though have outstanding, few percent is always eaten up. You will see news like infy is giving xyz percent bonus but never heard that founder got less dividend compared to previous year.
At the end of year we hope that that few percent eaten up from PLI must be returned in next year's appraisal.
Any one know is it same in other service based companies like TCS, cg, or congnizent??
Yea same in TCS and other SBCs
Performance linked incentive is not just your performance. Itās company , unit and your performance all three elements in it. If variable pay has to be given come what May , then why we call it variable. Though I understand your pain but thatās the reality. I have worked in organizations where variable pay is 0 or 100% . So I feel this atleast is better . Never calculated variable pay in my CTC only worked on fixed pay while considering the offer. So am never disappointed š
Yes that is the reality. Laterals were recruited at very high hikes during COVID from 30% to 100%. It created a big disparity between existing employees and laterals doing the same work at same level. . I believe thatās where this policy came in in order not punish long timer because of the lateral whose high salaries had pushed margins down. It will seem fair to long timers and unfair to recent joiners. But that is business reality. Personally I feel itās a wrong business decision as laterals will have lot less loyalty to the company and they will just fly away. You canāt tell them because we took you at more hike than you deserve we wonāt give you any hike for next 3 years!!!
Then they should make this point clear while announcing financial results when they comment on hikes.
Current CEO made comments in last 2 quarterly result last year, as theyāre considering hike for all employees.
For reference you can check those release recordings.
Outsideās can see there have given double digit hikes for all employees.
But in reality only 30 to 40% of current employees benefit from hike.
There no transparency at from CEO level to Manager levels.
You missed the fine line. They are āconsideringā. They considered and decided not to give hike to laterals. Though in some units some exceptions were made to that criteria based on overall experience and rating.
So, what's your plan? Are you asking for more on-site pay and staying in Infosys or switching?
Very true.. from last 3 years no hike for me
Same shit happened with me brother!
Better navigate your next. In the world all companies gives regular hike except Infosys. They expect from Engineers to give free service for decades without hike. In my life never seen such company. Don't join such companies in future.
