Infosys Ltd announces 95% of variable pay in the December quarter for employees, according to reports.
The company received the highest level of payout in the past nine quarters.
The Utilization excluding trainees at all-time high of 84.9%.
“Increased adoption of our digital offerings and new services helped stabilize price realization. We were able to grow client relationships across revenue categories.” said Pravin Rao, COO, Infosys. “During the quarter, we provided compensation increases and higher variable payouts to our employees. Our investments in employees continues to deliver results as reflected in lower attrition.”