July 16, 2012 Category : Jobs & Careers
BANGALORE: Most employees at Infosys' business processing outsourcing unit have received wage increases, in contrast to the salary freeze that is in place at the rest of the Bangalore-based organisation.
Swami Swaminathan, the head of Infosys BPO, said staff in supervisory roles will receive a wage increase starting July while those in non-supervisory positions got theirs from April. The increments were between 8% and 11%.
No decision has been made yet about a raise for in senior management. Strangely, Infosys has not publicised the fact that employees at the BPO subsidiary arm have been rewarded with a pay raise; in April, it announced a wage freeze, giving the impression that this was applicable across the entire organisation.
Unlike the parent, which has been scaling down growth expectations, the BPO unit, which is more than 99% owned by Infosys, has shown a rising trend of revenue, margin and productivity growth.
Infosys BPO has increased its sales by 31% to $109 million in Q1, from $83 million earned in the same period last year.
The division has hired about 2000 people in the last three months to scale upto 23,000 employees. The BPO segment is expected to hire 13,000 more people in FY13, the largest single addition to the headcount of Infosys BPO ever. In all, Infosys employs some 1.5 lakh staff.