Infosys announces 85% average performance bonus to eligible employees
Infosys has announced an 85% performance bonus to its eligible employees for the second quarter of FY 2025 (which ended in September). This bonus will be given to the employees along with the November salary. The amount of individual bonus of the employees may vary depending on their performance and their contribution during the quarter. This bonus will be given especially to mid-level and junior employees, who are a significant part of the company’s 3.15 lakh strong workforce, and it is for those employees who work in the areas of delivery and sales.
Email Sent by Infosys to Employees Regarding the Bonus
The company has sent an email to eligible employees in this regard. The email, as reviewed by ET reads “In line with our organizational goals on building high-performance work culture, we have continued to drive performance differentiation while closing bonus payouts as well.”
The email further says “In Q2, we delivered a strong performance with broad growth, reinforcing our market leadership. This success is a testament to your unwavering dedication, our strategic focus on margin performance and our industry-leading expertise in Cloud and Generative AI. Your commitment has been instrumental in building our capabilities and delivering exceptional value to our clients. Thank you for your invaluable contributions, we look forward to a future with endless possibilities with you”.
Infosys’ Strong Performance Results
Infosys reported a 4.7% year-on-year (YoY) rise in net profit to ₹6,506 crore and a 5.1% rise in revenue to ₹40,986 crore in Q2 results. The company has raised its FY25 revenue growth forecast from 3.75% to 4.5%.
Comparison of Infosys’ Bonus with TCS
Infosys’ bonus payout is higher than the previous two quarters. An average bonus of 85% has now been announced, compared to 60% in Q4 FY24 and 80% in Q1 FY25. Also, Infosys has adopted a policy different from other companies such as TCS. While TCS gave bonuses based on employee attendance, Infosys has kept its bonus payments independent of the ‘return to office’ policy. Under the hybrid work model at Infosys, employees are expected to work in the office at least 10 days a month, but the bonus is not dependent on this policy.
Infosys Announces Salary Hikes Starting January 2025
Infosys CEO, Salil Parekh announced that salary hikes will start for employees from January 2025, which will reach all employees by April 2025. This salary hike has been planned after a freeze on salary hikes in FY22 and a delayed appraisal cycle in FY24.
Infosys’ performance bonus of 85% reflects its strong performance culture and the company’s commitment to employees. Moreover, Infosys’ bonus payout is also claimed to be better than TCS. This bonus is a commendable step to recognize the dedication of employees and their contribution.
Disclaimer: Article only for information and based on media reports and employee accounts. Readers are however advised to confirm with original sources before taking any action based on the information provided in this article.
