At Infosys, confirmation of an employee means they have completed a 1 year probationary period and foundation training in Mysore. Employees are given confirmation bands A, B, or C based on their performance during this period.
Band A (top 10%) is given to the best performers, Band B (80%) is given to good performers, and Band C (bottom 10%) is given to poor performers. The confirmation band determines the salary hike and in-hand salary.
| Confirmation Band | In-hand Monthly Salary |
|---|---|
| Band A - TPF | Rs. 35,000 |
| Band A - HPF | Rs. 32,000 |
| Band B - TPF | Rs. 32,000 |
The confirmation process rewards good performance during the probationary period.
Salary Growth and Promotions at Infosys
Infosys offers attractive career growth opportunities and promotions based on performance, experience and skills.
To get promoted, employees have to pass exams conducted by Infosys from time to time. Promotions lead to higher designations and increased salary packages.
Some promotions options are:
- Project Manager
- Module Lead
- Technical Architect
- Delivery Manager
The excellent salary and promotion prospects motivate many graduates to join Infosys every year.
Salary for Freshers
For fresh graduates, the Infosys salary depends on multiple factors like:
- Academic record
- Interview performance
- Previous work experience
- Skills and certifications
On average, the Infosys fresher salary ranges from Rs. 3.6 - 4.5 lakhs per annum. With allowances included, the total compensation can be Rs. 4 - 6 lakhs per annum.
Salary for Experienced Professionals
For experienced professionals, the Infosys salary depends on:
- Number of years of relevant experience
- Domain knowledge and technical skills
- Last drawn salary
- Interview performance
On average, Infosys offers experienced candidates compensation of Rs. 6 - 15 lakhs per annum. For niche skills like AI/ML, packages can be higher.
Other Benefits
Apart from salary, Infosys provides many other benefits like:
- Health insurance
- Life insurance
- Retirement benefits
- Paid time-off
- Parental leave
- Performance incentives
These perks make Infosys an attractive employer for technology professionals in India.
Conclusion
In summary, Infosys offers lucrative salary packages and ample growth opportunities to employees. Salaries are regularly revised based on performance. The company promotes meritocracy and rewards top talent. Infosys remains an employer of choice for freshers and experienced IT professionals alike.
FAQ:
Q: What is the average Infosys fresher salary?
A: The average Infosys fresher salary ranges from Rs. 3.6 - 4.5 lakhs per annum. With allowances, the total can be Rs. 4 - 6 lakhs per annum.
Q: How much hike do Infosys employees get after 1 year?
A: Infosys employees get a hike after 1 year based on their confirmation band - Band A gets maximum hike while Band C gets minimum hike.
Q: What benefits does Infosys provide apart from salary?
A: Infosys provides many other benefits like health insurance, life insurance, paid time off, parental leave, retirement benefits, performance incentives etc.
Q: How can an Infosys employee get promoted?
A: Infosys employees have to pass internal exams conducted by the company from time to time to become eligible for promotions.
Q: What is the Infosys salary for experienced professionals?
A: For experienced professionals, Infosys salaries range from Rs. 6 - 15 lakhs per annum on average. For niche skills, packages can be higher.
Q: What factors determine Infosys salaries?
A: Infosys salaries depend on skills, experience, role, performance, interview performance and previous salary for lateral hires.
