Infosys has cleared a new round of stock-based rewards for its employees, highlighting its continued push to link compensation with long-term performance. The approvals were disclosed in the company’s fourth-quarter regulatory filing.
The board signed off on the grants on 22 April, following recommendations from its Nomination and Remuneration Committee. The incentives will be issued under two existing frameworks — the 2015 Stock Incentive Compensation Plan and the Expanded Stock Ownership Programme introduced in 2019.
As part of the employee-focused grants, the company approved over 27,000 restricted stock units under the 2015 plan. These units will vest gradually over a period of two to three years, encouraging retention and sustained contribution.
In addition, performance-linked stock incentives have been cleared under the 2019 programme. These are tied to equity shares valued at around Rs 1.90 crore at the time of approval. The final allocation will depend on the company’s share price just before the grant date, making the payout market-linked. These incentives will vest over two years and are subject to performance conditions being met.
The company has set 2 May, 2026, as the effective date for granting these restricted stock units. The structure ensures that employees benefit from both company performance and market movements over time.
Separately, stock incentives have also been approved for Salil Parekh, CEO and managing director, Infosys. The package includes a mix of performance-based, ESG-linked, and shareholder return-linked components, along with an additional grant under the 2019 stock plan.
The move underlines Infosys’ strategy of using equity rewards to align employee and leadership interests with long-term business outcomes.
Source – https://www.hrkatha.com/news/infosys-approves-fresh-stock-incentives-for-employees-ceo-in-focus/