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This is how!
by Sunny on Aug 23, 2006 11:35 PM

Guys, Infosys finally announced the bonus payout for the 25th year to the internal employees, which was announced to media on 31st July about 126 crores.
I would like to bring up some facts regarding the same:
a) Payout will be done not from Infosys money, but from the Employee welfare trust money, which Infosys deducts from each employees' salary every month. The reason given for that is that the Bottomline growth shouldnot be affected
b) It is informed to higher ups (like delivery managers, Senior managers etc) not to communicate anything through email, there should not be any written communication. I wonder why??
c) It will be just deposited to the bank amount directly, there wont be any intimation of that. It wont come in the salary slip also
d) Taxes will not be deducted so that employees feel more money is deposited in the account. You need to pay the tax at the end of the year. Till date, everything given to the employees is always TDS.
e)Last but not the least, payout for a 6 year experience employee is 38500 Rs, for 5 year it is 34000, for 3 year it is 29500 etc.
Its 25000 (1-3 yrs exp) + Rs 4500/year for PA or Rs 6000/year for PM



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