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Infosys slashes variable pay again; 65% performance pay to eligible employees

Infosys has been cutting back on variable pay since the past few quarters. The average variable payout made to employees in April to June quarter was 70 per cent. The company has noted that this is because of pressure on margins due to the wider economic downturn in the West. ....

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Infosys cuts average variable pay - details

The company asserted that these were more in the nature of "investments" given the robust demand scenario, and assured it will be looking at cost optimising levers such as better utilisation, and more automation. Get more Companies News and Business News on Zee Business. ....

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