New Delhi: Infosys, India’s second-largest IT products and services company, has introduced a mean worker bonus of 65 consistent with cent for the fourth quarter of FY25, Moneycontrol reported on Thursday. The newest payout has dissatisfied some workers, with one announcing this used to be the bottom bonus he had won to this point.
Employee bonus
The IT large had introduced an 80 p.c bonus for the ultimate quarter (Q3FY25). The reasonable used to be 90 p.c in the second one quarter of FY25, the record stated. The quarterly bonus will probably be paid out with the May wage.
Employees who get the bonus
Employees in Band 6 and under are eligible for the bonus. Junior to mid-level workers who earn quarterly variable payouts will be the number one recipients of the bonus. The exact payout share varies through efficiency score, with the ones tagged Needs Improvement receiving 0 p.c and the ones marked Outstanding Performers receiving a prime of 83 p.c, the record stated.
Employees dissatisfied with the bonus
The newest bonus introduced through the corporate has come as a sadness to many. A senior worker of the corporate has advised The Economic Times that that is the bottom bonus he has ever won in his ten years of employment with the company.
Company says issues are in accordance with marketplace wishes
According to media stories, the IT large had previous knowledgeable some workers that their efficiency bonuses for the fourth quarter of the monetary 12 months 2024-25 can be decreased, amid dwindling income.
“Amidst the complex macro-economic environment in Q4, we remained client-focused and responsive to market needs,” the corporate wrote in an inside mail noticed through Moneycontrol.