Infosys, India’s second-largest IT services company, has launched a cash incentive program for senior employees participating in lateral hiring interviews.
Effective from January 1, 2025, this initiative is designed to increase employee involvement in recruitment efforts.
It also seeks to tackle talent shortages in specialized fields like artificial intelligence, cloud computing, and cybersecurity.
The program offers ₹700 per interview to eligible employees, allowing them to claim incentives retrospectively for interviews conducted over the past five months.
Infosys has introduced a monetary reward system for interviewers for the first time, marking a significant shift in its hiring strategy.
This initiative underscores the company’s commitment to improving recruitment efficiency and boosting workforce participation.
Infosys Eligibility and Reward Structure
The cash reward program applies to employees at job levels 5 and 6, including track leads, project managers, and architects.
These senior professionals regularly conduct technical interview rounds, assessing candidates before the final HR evaluation.
However, the policy excludes HR and talent acquisition teams, contractors, and senior leadership.
Additionally, interviews that are canceled or missed by candidates do not qualify for rewards.
The incentive applies only to interviews for roles based within India, aligning with Infosys’s current emphasis on lateral hiring over campus placements.
Strategic Importance of the Initiative
Infosys’s decision to introduce cash rewards comes at a time when the Indian IT sector faces a shortage of experienced professionals, particularly in niche technology areas.
The company has been conducting intensive weekend recruitment drives, where a single employee may interview 10 to 15 candidates in a day.
By offering financial incentives, Infosys hopes to motivate employees to participate actively in hiring efforts, reducing panel fatigue and enhancing the quality of candidate assessments.
The initiative also serves as a response to employee concerns regarding modest pay hikes and reduced performance bonuses in recent quarters.
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