Infosys Offers Incentive To Staff For Shifting To Hubballi Campus
Information technology major Infosys Ltd. is offering a monetary incentive of up to Rs 8 lakh to its employees willing to shift base to its development center in Hubballi in a bid to broaden its presence to Tier-2 cities.
"It is your turn to Grow Glocal and consider pursuing your career at the Hubli DC," the company said in an email to its employees. The location has “huge potential for growth and is waiting for talent like you to build the future", read the email seen by NDTV Profit.
Employees in band three and below are being offered Rs 25,000 at the time of transfer, and subsequently Rs 25,000 every six months for two years. Level-4 employees will be getting Rs 50,000 at the time of re-location and Rs 2.5 lakh by the end of two years. Level-7 employees will receive an offer of Rs 1.5 lakh upon transfer and Rs 8 lakh at the conclusion of two years.
The policy is applicable for employees in level-2 in delivery (employees handling projects) in any development center location, the email mentioned. An email sent to Infosys requesting a comment did not elicit a response.
The Hubballi development center was established in 2022. The 50-acre campus has a seating capacity of 5,000 employees.
This comes after the Hubballi campus was criticised for being a non-starter by the local leaders in the assembly recently. Arvind Bellad, a MLA from the Bharatiya Janata Party, asserted that despite the company's acquisition of land and promises of development, there was minimal progress on the campus.
Following the update on incentivisation, Karnataka's industries minister, MB Patil, took to X to appreciate the company's effort. “I applaud Infosys for offering incentives to employees transferring to its Hubballi campus. This move encourages local talent from the Kittur Karnataka region to explore opportunities closer to home, fostering community ties and local development,” he wrote. This initiative not only supports local growth but also showcases Infosys' dedication to innovation and employee welfare in the tech industry, the minister said.
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