Infosys gives 80% bonus payout after strong Q1FY26 performance

Infosys

Information technology major Infosys has issued its performance bonus payouts for the first quarter of FY2025-26, with the organisation-wide average payout fixed at 80 percent, according to an internal communication seen by Moneycontrol. This comes on the back of a strong quarterly earnings performance by the company.

The Bengaluru-based company said payout percentages have been tied to performance ratings across different levels. For PL4 employees, bonuses range between 80 percent and 89 percent, while PL5 payouts fall between 78 percent and 87 percent. PL6 employees will receive between 75 percent and 85 percent, depending on their performance category.

At the PL4 level, those rated “Outstanding” will receive 89 percent of their eligible bonus, while employees in the “Needs Attention” category are set at 80 percent. At PL6, top performers will receive 85 percent of their bonus entitlement, with the lowest band at 75 percent.

Infosys, in the communication, said individual performance bonus letters will be uploaded to employees’ e-dockets.

On July 23, the IT giant's net profit for the quarter grew 8.7 percent year-on-year to Rs 6,921 crore, and revenue grew 7.5 percent to Rs 42,279 crore, beating Street estimates on both metrics.

The bonus is for employees in Band 6 and below, which comprises junior to mid-level staff who receive quarterly bonuses. The bonus percentage will vary based on individual performance.

The average for this quarter is better than the last one, which stood at about 65 percent for eligible employees.

Request seeking comment from the company went unanswered by the time of publication.

The development comes after Tata Consultancy Services, India’s largest IT services firm, on August 6 announced a wage hike for its staff starting September 1, days after Moneycontrol reported that the company plans to lay off 12,000 employees in the current financial year.

Also, read: Infosys to roll out 6-8% annual hikes in India from January; overseas raises at low single digits