Infosys, a leading IT company, is offering substantial financial incentives to encourage its employees to relocate to its development center in Hubballi, Karnataka. The policy targets employees at band 2 and above, offering an initial payment of Rs 25,000 and an additional Rs 25,000 every six months for two years. The total incentive ranges from Rs 1.25 lakh for bands 3 and below to up to Rs 8 lakh for bands 4 through 7, inclusive of the initial relocation allowance. This move aims to strengthen Infosys' operations in tier-2 cities and demonstrates the company's commitment to innovation, employee welfare, and decentralizing its workforce beyond major metropolitan areas in the highly competitive tech industry.
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