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November 17, 2023
Employees who fall below the manager category and above entry levels will be eligible for this range of payout
November 17, 2023
India Business News: Infosys, the Bengaluru-based IT giant, is set to distribute the quarterly performance bonus to eligible employees for the July-September period. The a
November 17, 2023
Infosys 80% variable payout for September 2023 Quarter: Individual payouts will be different based on the performance and contribution for the quarter
November 16, 2023
Employees at position level 6 (PL6-manager) and below band – meaning those below manager category barring entry level – are set to receive the variable pay. While the average payout would be at 80%, individual payout will differ based on their performance and contribution for the quarter, as per an official communication by the engineering team HR head at Infosys.
November 3, 2023
The Indian IT sector is facing headwinds due to the broader macroeconomic conditions and cutbacks on discretionary spends. Amid this another prominent trend is multiple senior level executives exits
October 30, 2023
As per the numbers shared during the Q2 FY 2023-24 results, the 10 largest companies saw their workforce fall to 20.6 lakh people at the end of September from 21.1 lakh employees at the beginning of the fiscal year, resulting in a loss of 51,744 jobs.
October 23, 2023
The IT company usually rolls out the annual hikes to all its employees below the senior management in the month of April.
October 12, 2023
CEO Salil Parekh noted that the company witnessed its highest large deals value at $7.7 billion in Q2. He also added that clients have continued to show interest in AI products and services
August 24, 2023
In an email to employees, the management at Infosys said that the company has delivered a good performance in Q1, โsetting a robust foundation for future expansion.โ
August 23, 2023
This comes as Indias second largest IT firm paid 60% variable last quarter on an average. The company has also not rolled out annual hikes for employees for the year FY23. Previous hikes were paid in July 2022.