India, Aug. 21 -- Infosys has released performance bonus letters, with payouts reaching up to 89% for some employees, after India's second-largest IT services firm reported stronger-than-expected earnings for the April-June quarter.
The average performance bonus payout stood at 80% for April-June quarter as against 65% for January-March, according to an internal email seen by The Economic Times.
The percentage differed based on individual performance and contributions during the quarter. Meaning, the bonus payout was 75-89% in Q1 FY25 as against 50-70% in Q4 FY25.
Infosys did not respond to an email seeking comment.
A majority of Infosys' 3,23,000 employees are in Position Levels 4, 5 and 6.
PL4 includes senior engineers, system engi...
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