Category «India»

Infosys directors get 81% hike

As I wrote recently, Infosys is very concerned about the increasing salaries of its mid-level employees. But an article in IndiaTimes reports that: The directors of the country’s second largest IT company, Infosys, saw an 81 per cent jump in their cash compensation in the fiscal year 2007-08. According to the company’s annual report, the …

Employee wage rise a business risk, says Wipro and Infosys

From an Economic Times article, Country’s two largest software exporters, Infosys Technologies and Wipro Technologies, anticipate wage pressures might not only slash their margins but also prevent them from maintaining their competitive advantage. … “Wages in India are increasing at a faster rate than in the United States, which could result in increased costs for …