Employees value their quarterly bonus, and that is quite clear from the fact that 70 per cent of TCS employees…
Browsing: Variable Pay
K Krithivasan, CEO, Tata Consultancy Services (TCS), who was appointed to this role following Rajesh Gopinathan’s resignation in June 2023,…
Tata Consultancy Services (TCS) has introduced a new policy tying employees’ quarterly variable pay to their in-office attendance. Now, employees…
In an aim to enhance transparency regarding compensation, HSBC is rolling out a new bonus plan for its junior employees.…
India’s IT giant Tata Consultancy Services (TCS) is undergoing significant changes, with headcount falling for the second consecutive quarter and…
This month, Infosys will be issuing quarterly performance bonuses for the July–September period to eligible employees. The anticipated average payout…
Tata Consultancy Services (TCS) admits that post mandating that its staff return to office full time, 70 per cent of…
Employees of HCL Technologies will receive variable pay for the fourth quarter of FY 2022-23. The tech firm has assured…
While executives or CXOs generally receive the highest percentage of variable pay, their projected pay hikes in 2023 are lower…
When some employees of Deutsche Bank used WhatsApp for business communication, they would never have imagined it would lead to…
For the second time this year, Infosys has cut back variable pay. In the previous quarter, it had granted 70…
Infosys BPM, the business processing management services subsidiary of Infosys has rolled out its performance bonus variable pay for the…
During the latest earning call, Milind Lakkad, CHRO, Tata Consultancy Services (TCS) has announced that the Company has paid 100…
Despite economic pressures in the last quarter, Wipro is giving annual salary increments to 96 per cent of its staff,…
It has been reported that Infosys has scaled back its variable payout for the first quarter, capping it at 70…
Close on the heels of Wipro holding back variable pay for its C-suite members and paying only 30 per cent…
Pressure on margins and supply-chain challenges are amongst the reasons why Wipro has decided to hold back variable pay of…
COVID-19 has brought in a lot of changes in the way organisations are functioning today. One of the biggest paradigm…
American multinational IT services company, Cognizant, is reportedly planning to increase the variable component of its employees’ pay package. This…
This was the Company’s way of rewarding its employees across all verticals and business units, for good performance.
The average salary increase across sectors is expected to be 9.7 per cent in this fiscal, 6 points less than the actual figure of last fiscal.