Infosys has approved stock-based incentives worth ₹51.75 crore for its CEO and Managing Director Salil Parekh, even as the company is yet to take a call on annual salary hikes for employees.
The decision was cleared by the company’s board after recommendations from its Nomination and Remuneration Committee. The grant will be made through employee stock options and restricted stock units under existing company plans, with effect from May 2, 2026.
The compensation package is linked to performance and long-term business goals. Out of the total grant, ₹34.75 crore is tied to annual performance targets, ₹5 crore is linked to shareholder returns, ₹2 crore depends on ESG goals, and ₹10 crore comes under the company’s Expanded Stock Ownership Program. Most of these benefits will vest over time and depend on meeting set conditions.
The announcement came with Infosys’ latest quarterly results, where the IT major posted a strong rise in profit. Consolidated net profit for the March quarter increased 20.9 per cent to ₹8,501 crore, while revenue also recorded healthy growth.
Infosys said it remains cautiously optimistic about the year ahead and expects revenue growth of 1.5 per cent to 3.5 per cent in constant currency terms for FY27. The company also plans to hire around 20,000 freshers during the financial year, signalling continued investment in talent despite global uncertainty.
However, there is still no clarity on salary hikes for the wider workforce. Chief Financial Officer Jayesh Sanghrajka said the company has not yet decided when wage revisions will happen or how much the hikes will be.
The development has drawn attention because while senior leadership compensation has been finalised, thousands of employees are still waiting for updates on their annual pay revisions. Wage hikes in the IT sector have slowed in recent years as companies deal with weak global demand and cautious client spending.
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