News

The company's internal communication links variable pay to three key factors: revenue (40%), gross margin (30%), and total contract value (30%). Advertisment. Wipro reported a consolidated net profit ...
TCS cuts senior employees' variable pay for the third straight quarter due to attendance-linked policy and global uncertainties. Wage hikes are delayed, but hiring and training investments continue.
Tata Consultancy Services (TCS) has slashed variable pay for its senior employees for the January-March quarter, reports MoneyControl. This will be the third quarter in the row when the country ...
For the second quarter of the fiscal year too, the senior grade employees at India’s largest IT company saw 20%-30% cut in variable pay. ALSO READ ITC announces interim dividend of Rs 6.50/share ...
Assume pay of $1.40 per mile from the leasing carrier. In Example A, the operator couldn’t break even, so there was no money left to pay himself for driving or to cover personal expenses.
In comparison, the IT giant had paid 70% of the variable pay for the same quarter last year. The company’s internal business-unit performance is another factor, in addition to the work-from ...
Many Tata Consultancy Services (TCS) employees have seen their variable pay being slashed for the July-September quarter despite adhering to the company's work from office norms as business ...
The audit report submitted to the ministry flagged that variable pay component cannot be more than a certain percentage of salary. Friday, Jun 20, 2025. New Delhi o C. Subscribe. Sign in.
TCS linked its quarterly variable pay with attendance according to which employees of the company with less than 60 per cent attendance in office will not be eligible for the quarterly bonus.
TCS linked its quarterly variable pay with attendance owing to which any employee with less than 60% attendance won’t be eligible for the quarterly bonus. Friday, Jun 27, 2025.