![Infosys cuts average bonus to 60% for Q4](https://img.etimg.com/thumb/msid-110426979,width-650,height-488,imgsize-23258,resizemode-75/infosys-cuts-average-bonus-to-60-for-q4.jpg)
The average pay-out, according to several employees, has dropped to 60% for the final quarter of fiscal 2024. It had announced a variable bonus pay-out of 73% for the October-December period, 80% for the quarter through September and 75% for the first quarter of the fiscal year.
Employees at PL 4, 5 and 6 will get an average of 70%, 65% and 57%, respectively, separate communications sent to select employees said. Only in exceptional cases has the company handed a bonus between 75% and 85%.
Infosys has informed employees about the final pay-outs through individual mails and the payment will happen along with the May salary, people in the know said.