Infosys is starting a new appraisal cycle for the current financial year, but some employees are still awaiting salary hikes from the previous year's performance review cycle.
The performance evaluation process at Infosys typically runs from October to September, with salary increases implemented in June or July of the following year.
Four employees have expressed concerns about pending salary hikes from the last performance cycle (October 2021 to September 2022), and it's unclear if these will be integrated into the upcoming cycle.
The Indian IT industry has been facing challenges due to global macroeconomic conditions, with some companies providing modest increments or deferring salary hikes.