Infosys Announces 90% Performance Bonus for Q2 FY25 Amid Strong Growth
Infosys has announced an average performance bonus of 90% for Q2 FY25 for eligible employees up to mid-level roles (E6 and below). This payout, higher than the 80% bonus for Q1, will be credited with November salaries. The decision follows a strong Q2 performance, with a 4.7% year-on-year profit growth, driven by demand recovery and client relationships. The bonus underscores Infosys’ strategy to retain talent and recognize employee contributions during a competitive phase in the IT sector
Infosys Announces 90% Performance Bonus for Q2 FY25 Amid Strong Growth
Infosys, one of India’s leading IT services companies, has announced performance bonuses for its employees for fiscal 2024-25. For the second quarter (July–September), eligible employees at mid to junior levels (up to position level 6) will receive an average payout of 90% of the target variable pay. This is an improvement over the 80% payout given in the first quarter of the fiscal year. These bonuses will be credited along with the November-end salaries
Key Highlights:
- Eligibility: The bonus applies to employees up to mid-level (E6), including software engineers and project managers, who play critical roles in operations.
- Performance-Driven: Individual payouts are determined by performance contributions within delivery units. Managers have discretion within allocated budgets to reward high-performing individuals.
- Financial Growth: Infosys reported a 4.7% YoY growth in profit for Q2, reflecting strong business demand. This robust financial performance underpins the bonus distributionET NowBusiness Today.
Employee Impact:
The bonus initiative is expected to boost employee morale, retain talent, and enhance satisfaction in the competitive IT sector. Such payouts help maintain productivity and reduce attrition amidst challenges like global economic uncertainties
Infosys’ consistent approach to rewarding its workforce highlights its commitment to recognizing contributions and fostering employee engagement. For detailed updates on Infosys’ financial growth and bonus structure.
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