By Express News ServiceBENGALURU: IT services company Infosys will roll out 80% variable pay on average to its employees for the September quarter of this financial year (Q2FY24). The performance bonus payment for Q2FY24 is scheduled to take place in the payroll of November 2023.”In June quarter too, the company had rolled out 80% variable pay to employees. The company deferred salary hikes for nearly two quarters and in Q2 earnings, the company announced that from November 1, 2023, it will roll out hikes across all employees. Follow The New Indian Express channel on WhatsAppBENGALURU: IT services company Infosys will roll out 80% variable pay on average to its employees for the September quarter of this financial year (Q2FY24). The performance bonus payment for Q2FY24 is scheduled to take place in the payroll of November 2023.” In June quarter too, the company had rolled out 80% variable pay to employees.

Source: Indian Express November 18, 2023 06:24 UTC