Webb17 aug. 2024 · Infosys and Mindtree Consulting are also giving 100% variable pay-outs to their employees. “There is a fear that the attrition rates would once again go back to pre-Covid benchmarks (15-20%) on the back of a healthy business pipeline. Webbför 17 timmar sedan · India Business News: BENGALURU: Infosys’s modest performance in the March quarter, and an even more unimpressive forecast for the 2024-24 fiscal, pushed the share price do.
IT Firms Infosys And Wipro Cut Variable Pay As Budgets Tighten
Webb24 aug. 2024 · For Q1 2024, Infosys reported 17.5 percent year-on-year growth in revenue to $4.4 billion. Operating margin was 20 percent , reflecting a year-on-year decline of … Webb22 aug. 2024 · Bengaluru-based IT major Infosys has reduced the variable payout for employees for the first quarter of FY23, a trend seen across the industry, due to … hitas verkkosaari
Infosys cuts average variable pay for Q1 citing margin pressure
Webb3 nov. 2024 · Indian IT giant Infosys has slashed the variable pay of certain employees for the second quarter of the ongoing financial year to 60 per cent, Business Today has … Webb22 aug. 2024 · Infosys’ move to reduce payout comes days after its rivals such as TCS and Wipro deferred or reduced variable payouts for the April-June quarter in a bid to … Webb17 nov. 2024 · Earlier, another IT services major Wipro said its employees would see performance-linked pay in November’s salary. India’s fourth-largest IT company said it will release 100% variable payout to those whose salary is linked to overall company performance. Such employees form 85% of all company employees. hitatenki