Infosys defers annual salary hikes to fourth quarter: Report

| 6 Jan 2025 5:32 PM IST

Infosys Ltd, India’s second-largest information technology (IT) services company has deferred annual wage hikes to the fourth quarter of the financial year 2024-25.

Usually the wage hikes are implemented earlier in the year, and the postponement reflects the uncertainty in global demand for IT services, delayed client budgets, and macroeconomic uncertainties, according to the report.

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Categories: Business & Economy

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An expert in visual journalism, Sandhya creates engaging news articles through infographics at Newsographics. With a background in journalism and graphic design, she transforms complex data into accessible visual stories. Her work enhances reader engagement and promotes understanding of important topics. Passionate about visual storytelling, she advocates for the integration of infographics in modern media practices.