Infosys has announced an average performance bonus of 90 per cent for eligible employees for the July-September quarter of the current fiscal year (Q2 FY25). The bonuses, which will be disbursed with November-end salaries, primarily cover mid-to-junior-level employees in the delivery and sales units, which form the majority of the company’s 3.15 lakh workforce.
The bonus percentage varies based on individual performance and contribution, but the average payout for Q2 FY25 surpasses the 80 per cent bonus given in the previous April-June quarter (Q1 FY25).
According to an internal email reviewed by The Economic Times, Infosys expressed gratitude to its employees, stating, “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 expertise in Cloud and Generative AI. Your commitment has been instrumental in delivering exceptional value to our clients. Thank you for your invaluable contributions; we look forward to a future with endless possibilities with you.”
The bonus payouts apply to employees at bands E6 and below, which includes freshers, technical leaders, and mid-level positions. Senior-level employees (E7 and above) are not part of the performance bonus structure.
This payout is among Infosys’ highest average bonuses since the pandemic, reflecting a strong growth quarter for the IT giant. It also marks a significant increase from the 60 per cent average bonus given in Q4 FY24.
Infosys employees are also awaiting salary revisions tied to the September-October appraisal cycle for FY24. During the Q2 earnings conference in October, Infosys CEO Salil Parekh announced that the next salary hikes would be rolled out in January 2025, starting with selected employees, followed by a broader revision in April 2025.