In the previous July-September quarter too, some employees had received only about 20-40 percent of their quarterly variable ...
In fact, 25% of the organizations are planning to include variable pay in the wage definition. But, a similar percentage of them are also unsure about what to do, reveals a new WTW report on ...
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Employees with lower attendance rates receive a reduced percentage of their variable pay, with those below 60% ineligible for ...
Some IT sector firms, including TCS, have now linked the variable pay for employees above a certain grade with the performance of their business unit, instead of a company-wide average percentage.
Tata Consultancy Services (TCS) has once again reduced the variable pay for its senior employees for the October-December quarter, linking payouts to office attendance. Tata Consultancy Services ...
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TCS takes action against employees not working from office, to cut variable pay for low attendance Under the new policy, employees are required to maintain a minimum office attendance of 60 percent to qualify for any variable pay for the quarter. Attendance between 60-75 percent will yield a ...
Players are likely to pay a heavy price with the board likely to introduce a performance-based variable pay structure for the players. According to the Indian Express report, the suggestion was ...
“Variable pay for the quarter will be in line with what we did last quarter. It will be different for different units based on their performance. Across, around 80 percent is what people will be ...
On Wednesday, the major six banks announced they would decrease their prime rates by a quarter-percentage point, from 5.45 ...
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