Infosys has rolled out a new recruitment reward policy that offers cash incentives to senior employees conducting interviews for lateral hiring. This move, revealed in an Economic Times report, marks the first time Infosys has implemented such a system within India. The initiative aims to boost employee morale and recognize internal efforts in the hiring process.
Eligible employees will receive 700 points (equivalent to Rs 700) for each interview they conduct. The policy applies retrospectively from January 1, 2025allowing claims for interviews conducted over the past five months. Only senior and mid-level employees involved in lateral recruitment are eligible under this scheme.
The policy is designed to encourage team leads and managers to actively participate in hiring top external talent. Previously, Infosys offered compensatory leaves for interviews conducted on weekends, especially on-campus sessions. The shift to monetary rewards aligns with the company’s broader focus on performance recognition and efficient talent acquisition.
Employees working in HR and talent acquisition roles are excluded from the incentive scheme. Also, no reward will be granted if a candidate does not show up or the interview gets canceled.
This new initiative comes amid concerns over lower-than-expected pay hikes and performance bonuses. Infosys employees reportedly received 5–8 percent hikes for FY 2024, with lower bonus payouts in Q4 of FY 2025. The interview reward policy may be a strategic gesture to address employee dissatisfaction and retain senior talent.
Adding to the internal buzz, Infosys CEO Salil Parekh received a 22 percent salary hiketaking his total compensation to Rs 80.62 crore for FY 2026. His revised salary includes monetary compensation and 3.82 lakh restricted stock units (RSUs). The timing of this announcement stands in sharp contrast to the modest pay hikes given to employees.
