Infosys employees will get an average salary hike of 6 to 12% this year

Infosys, which is India's second largest software exporter, has posted strong results for four quarters straight, because of which it has handed out an average wage hike of about 6 to 12% for all its offshore employees. On-site employees, on the other hand, were awarded about 2% of average hikes. Top performers, on the other hand, will get above-average hikes.

Infosys CEO Vishal Sikka told investors said that FY 2015-16 had been good, and that they were on the edge of achieving industry leading growth in this fiscal.

Last year, the average wage hikes at Infosys were of about 6.5%, following a disappointing year for the company with a revenue growth of about 7%.

An average wage increase of 6 to 12% from Infosys could prove to be standard for salary hikes across the $160-billion IT industry of India, making companies like TCS and Wipro following suit.

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