Infosys Announces Salary Hikes, to Hire Over 20,000 Freshers in FY26

Infosys has kicked off pay rises for its employees. These are to be effective by January for some and by April 1 for all. The hike on average is between 5 to 8 percent, slightly lower than in preceding years. Yet, top performers are getting hikes that range between 10 to 12 percent. Infosys has a performance-based system that categorizes employees into four groups with quite different reward levels. The groups range from 'outstanding', which is the top group, to 'needs improvement', which is the bottom group.

Over 20,000 Freshers to Be Hired in FY26

Infosys has declared its intention to recruit over 20,000 newly graduated individuals in the upcoming financial year, FY26. The company's Chief Financial Officer Jayesh Sanghrajka shared this hiring outlook during the company’s Q4 FY25 earnings call. This hiring target is set at a much higher level than in FY25, when Infosys expressed a desire to hire up to 20,000 fresh graduates but wasn't able to follow through.

At the start of the year, the company had come under fire for letting go 400 trainees who didn't make the cut in performance exams. Still, Infosys is putting the past behind it and working on re-fortifying its ranks with new, younger hiring as it preps for an uncertain business future.

Attrition Sees Mild Uptick

Infosys's attrition rate inched up in Q4 FY25 to 14.1 percent, from 13.7 percent in the preceding quarter. Still, the company notched a modest net addition of 199 employees in the quarter, pushing its total head count to 3.23 lakh pros.

Infosys' headcount grew by 6,388 from FY24 to FY25, in turn bringing its total up to 323,578 employees as of the end of FY25. This seems directly aligned with the company's previously expressed intention to grow its headcount substantially with a focus on technology and consulting over the next several years.

Mixed Financial Results in Q4

The IT behemoth declared a net gain of INR 7,033 crore for the quarter ending March 2025, reflecting an 11.7 percent dip from the same frame last year. In spite of this downturn, Infosys exceeded its revenue guidance for the complete fiscal year, registering top-line growth of between 4.5 and 5 percent.

The company's robust performance in artificial intelligence, cloud, and digital services was highlighted by CEO and MD Salil Parekh. “Our performance for the year has been robust in terms of revenues, expansion in operating margins and the highest ever free cash generation. Our depth in AI, cloud and digital and strength in cost efficiency, automation, and consolidation position us well for the needs of our clients,” Parekh said. Operational efficiency and automation were identified as the twin key factors behind Infosys's resilience amid changing industry dynamics.