Infosys set to roll out variable pay for eligible employees
Infosys had frozen salary hikes in FY23 to conserve cash but started its annual appraisal cycle in October
Infosys had frozen salary hikes in FY23 to conserve cash but started its annual appraisal cycle in October
Variable payout lower than 70% paid during Q1 FY22; among its peers, TCS and Wipro to award 100% variable pay to 70%, and 100% performance bonus to 85% staff in Q2, respectively.