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When Will My First Hike Be As a Lateral Joiner at Infosys in May 2023?

January 12, 2025Workplace3750
When Will My First Hike Be As a Lateral Joiner at Infosys in May 2023?

When Will My First Hike Be As a Lateral Joiner at Infosys in May 2023?

First of all, congratulations and welcome to the organization!

As you have joined Infosys as a lateral employee in May 2023, it's natural to have queries regarding your first hike. Your offer letter and the HR discussions likely provided you with the necessary information concerning the appraisals and hike cycles.

Your First Appraisal and Hike Cycle

Your first appraisals and hikes are typically tied to the company's annual cycle, which is a common practice in the industry. Here's a breakdown of what to expect:

Appraisal Cycle: The appraisal cycle at Infosys is from October to September of the following year. This means your first major appraisal, and hence the first opportunity for your first hike, will likely happen in September 2023 or October 2023, after the completion of your probation period.

Hike Cycle: The hike cycle at Infosys generally follows the calendar January to December, aligning with the new fiscal year starting in April. Therefore, any hikes that take place based on your performance will most likely be granted between April 2024 and March 2025.

Understanding the Hike Process for Lateral Joiners

For all employees, including lateral joiners, the hike opportunities are based on:

Performance Ratings: Infosys generally follows a performance rating scale, where the most common ratings are as follows:

- Met Expectations: A hike of 5-10 percent.

- Exceeded Expectations: A hike of 10-15 percent.

- Exceptional: A hike of 15-20 percent.

Eligibility and Timing

To be eligible for a hike, you must:

Have completed the probation period. Be a permanent employee.

Your performance in the first appraisal cycle, after your probation period, will determine how much hike you will receive. Therefore, it's important to focus on delivering exceptional performance right from the start to maximize your chances of receiving a significant hike.

Conclusion

At Infosys, the journey towards a significant salary hike is a gradual one, but it's certainly achievable. Focus on delivering outstanding results during your first appraisal cycle, and be proactive in your career growth. If you have any more questions or need further clarification, feel free to reach out through the comment section below. Best of luck!

Thank you,

Yours truly,

Jai Hind!