In a virtual meeting, the CEO and MD of Infosys, Salil Parekh has confirmed the news. Infosys is also giving 100 per cent variable pay, along with a special incentive for the second quarter. The Bangalore-based company has 2,40,208 employees at the end of September 2020. The Bengaluru-based company has 2,40,208 employees at the end of September 2020 quarter. The Bengaluru-based company has 2,40,208 employees at the end of September 2020 quarter. New Delhi: India’s second-largest IT services firm Infosys on Wednesday said it will roll out salary hikes and promotions across all levels effective 1 January. Infosys has announced that junior employees will be getting a special pay incentive in the third quarter. However, there is a flip side. The renowned company made this announcement while declaring its quarterly results. Infosys to roll out salary hikes from January 2021; to pay special bonus in December quarter 15 Oct, 2020, 11.26 AM IST. Will also pay 100% variable pay As a recognition of their stellar performance, we are giving 100% variable pay along with a special incentive for Q2. Infosys CEO Salil Parekh said that the company will also pay a special bonus in the quarter to December, while paying 100% variable pay in the previous quarter. “Employees have been critical part of our success. The Bengaluru-based company has 2,40,208 employees at the end of September 2020 quarter. Additionally, we are rolling out salary increases and promotions across all levels effective January 1,” Infosys COO Pravin Rao said. Infosys is also giving 100 per cent variable pay, along with a special incentive for the second quarter. Infosys CEO Salil Parekh said that the company will pay a special bonus in the quarter to December, while paying 100% variable pay in the previous quarter. These measures are likely to affect margins. Infosys is also offering 100% variable pay with special incentives for the second quarter. Infosys is also giving 100 per cent variable pay, along with a special incentive for the second quarter. India's pioneer IT services firm, Infosys has announced salary hikes and promotions to employees from January 2021. India's second-largest IT services firm Infosys on Wednesday said it will roll out salary hikes and promotions across all levels effective January 1. The IT services firm made … "Recognising the continuing stellar commitment from our employees during these times, we are paying out variable pay for the quarter at 100 per cent. Infosys is also giving 100 percent variable pay, along with a special incentive for the second quarter. Rao confirmed that Infosys is giving 100% variable pay along with a special incentive for Q2. Read on to find out all the details about the incentives … Infosys, too, has announced that the junior employees at the company will be rewarded with a special payment incentive. 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