Infosys Offers Incentives for Employees Relocating to Hubballi Campus: Report

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Infosys is reportedly providing incentives to employees who are willing to transfer to the company’s Hubballi development center, as per The News Minute. This move follows criticism directed at Infosys for its perceived failure to generate local employment opportunities around the development center.

Infosys Offers Incentives for Employees Relocating to Hubballi Campus: Report
Infosys Offers Incentives for Employees Relocating to Hubballi Campus: Report

Infosys is reportedly providing incentives to employees who are willing to transfer to the company’s Hubballi development center, as per The News Minute. This move follows criticism directed at Infosys for its perceived failure to generate local employment opportunities around the development center.

The initiative comes after Arvind Bellad, BJP MLA from the Hubballi-Dharwad West constituency, raised concerns about Infosys’ employment practices in the region. Bellad had previously highlighted that Infosys had acquired land for the Hubballi campus at a significantly subsidized rate compared to its market value.

Reports suggest that Infosys is offering various incentives to employees based on their band levels. Employees in band 3 and below will receive ₹25,000 upon initial relocation to Hubballi, with an additional ₹25,000 every six months for two years. Moreover, these employees will receive ₹1.25 lakh after completing 24 months at the new location.

Similarly, band 4 employees will receive ₹2.5 lakh, band 5 employees ₹5 lakh, band 6 employees ₹6 lakh, and band 7 employees ₹8 lakh after 24 months, in addition to the initial relocation incentive.

These measures come in the wake of scrutiny over Infosys’ adherence to the Industrial Policy 2020-25, which mandates job creation for local residents. Karnataka Minister for Commerce and Industries MB Patil has emphasized that companies benefiting from government incentives must prioritize local hiring, with a specific focus on providing jobs to Kannadigas.

The state government has warned of potential consequences for companies that do not fulfill their commitments regarding job creation for locals, signaling a broader concern about employment practices and regional development.

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291 thoughts on “Infosys Offers Incentives for Employees Relocating to Hubballi Campus: Report

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