Infosys cuts Q4 bonus payouts after up to 100% variable pay in previous quarter: Report
New Delhi, May 19 -- IT giant Infosys has trimmed its performance bonus payouts for the March quarter after disbursing up to 100% variable pay, its strongest payout in more than three years, in the preceding quarter, according to internal communication reviewed by Moneycontrol.
According to the report, the average payout under the performance bonus component stood at around 70% for the March quarter, lower than nearly 85% paid in the December quarter (Q3FY26), which marked the company's strongest variable pay distribution since the Covid period.
The internal payout matrix showed that employees in personal level (PL) 4 received payouts ranging from 67% to 82% across business units. Those in PL5 received between 65% and 78%, while employe...
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