Infosys pays average 85% performance bonus for Q3; payout to be credited with February salary
Infosys did not respond to ET email seeking details.Chief Human Resources Officer Shaji Mathew had told employees at a town hall meeting last month that they may receive higher variable pay this time.Infosys has around 3,23,000 employees.In the July-September quarter, the company had paid an average of 75% of eligible or target bonus to employees.Some employees said they are now hoping for similar positive developments on salary hikes.
Infosys released employee-wise ratings in December after completing appraisals for the period from November 2024 to October 2025.Infosys, while announcing its third quarter results in January, had raised its revenue forecast, with management sounding optimistic after what it described as a strong quarterly performance and favourable tailwinds.Ahead of the town hall meeting, several employees had raised queries on pay increases and timelines for communication.The company had issued salary revision letters in February last year, with hikes ranging between 5% and 8% for most employees based on performance ratings.