Infosys: Infosys to give 80% variable pay, here's HR's email to employees
Infosys will be giving a quarterly performance bonus to eligible employees with an average payout of 80%. The bonus will be given to employees at posi
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Infosys will be giving a quarterly performance bonus to eligible employees with an average payout of 80%. The bonus will be given to employees at posi
This comes at a time when many such employees have not been able to find another job after their termination due to the challenging hiring landscape.
Employees who fall below the manager category and above entry levels will be eligible for this range of payout
While the average payout is standardised at 80 per cent, individual distributions will vary based on the employee's performance and contributions, , infosys, variable pay, Bonus payment
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.