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Infosys Reduces Variable Salary to Compensate for Weak Q4

File Photo: Infosys Cafe
File Photo: Infosys Cafe
After back-to-back 100 per cent variable payouts during September and December quarters, Infosys reduced the variable pay for its employees to 70 per cent during the March quarter to compensate for falling utilization and weak operational performance.   The reduction in variable pay helped Infosys add 120 basis points to its operating margin during the March quarter. For the full year, Infosys' average variable payout, however, rose ...
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