Infosys Employees To Receive Lower Remuneration For June Quarter

India's second biggest information technology services provider Infosys has allegedly reduced the average variable compensation of employees due to the impact on margins and high staff costs. Infosys has reduced around 70% of the variable payment for the June quarter or Q1 FY23. Each employee's real variable payment will be determined by the regulations of their unit or department and will differ for different pay grades and divisions.