Infosys and Wipro roll out Q4 variable pay, flag uncertainty

IT services major Wipro has rolled out 80.25% variable pay for its employees for the fourth quarter ended March while Infosys has decided to give out 60% variable pay, according to internal communications seen by ET.

India’s second-largest software exporter had given out 70% variable pay during the first quarter of FY23 and 65% in the second quarter, while Wipro had given 87% variable pay in the Q3 and 100% in Q2.

Wipro and Infosys spokespersons did not respond to queries at press time.