Infosys logo.
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Bengaluru: IT services firm Infosys has rolled out an average performance bonus of 80% to a majority of its employees for the first quarter of this financial year, following its strong Q1 performance.
In an internal communication seen by DH, Infosys said the organisation average bonus payout stood at 80% for Q1FY26 and that for employees at level PL4, an outstanding (OS) rating translates to 89% bonus payment and those who met expectations (ME) will be given 80% bonus.
Employees at PL5 and PL6 levels with an outstanding rating will be provided 87% and 85% bonus, respectively.
In the last quarter, the Bengaluru-based firm paid the lowest bonus to its employees. Depending on business units' performance, the company paid anywhere between 50% and 70% to its employees and a majority of its employees received 60% or below and only a few had received about 70%.
In Q1, Infosys reported a 7.5% y-o-y increase in its revenues at Rs 42,279 crore. Based on its Q1 performance and outlook, Infosys revised its revenue guidance to 1% to 3% for FY26 from the earlier guidance of 0% to 3%.
Meanwhile, on Wednesday, Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys announced its collaboration with Uniting Financial Services (UFS), a charitable development fund in Australia, to implement the next-gen Finacle Digital Banking Suite.
“This collaboration will enable UFS to transform its operations, helping enhance business agility, compliance, and operational efficiency. It will also help UFS to provide a world-class digital experience for its customer base, introduce new offerings faster and scale seamlessly, in line with its purpose-driven growth strategy,” the company said in a BSE filing.