Unbelievable! Infosys' Way of Rewarding Its Employees Will Raise The Bar For Other IT Companies - DEETS HERE
Infosys has allotted over 5.11 lakh equity shares to eligible employees in a bid to expand their ownership in the company. The decision comes at a time when other tech companies are laying off employees as part of cost-cutting measures. Infosys rewarded its staff with equity under two employee-related schemes, 1,04,335 equity shares were allotted under the 2015 Stock Incentive Compensation Plan, and 4,07,527 equity shares under the Infosys Expanded Stock Ownership Program 2019. Last month, the company reported weaker-than-expected Q4FY23 results but is "on the lookout at all times" f...
Source: timesnownews.com