In the previous July-September quarter too, some employees had received only about 20-40 percent of their quarterly variable ...
TCS had previously linked employee variable pay to office attendance, setting a minimum 85% work-from-office requirement to ...
The sector continues to face challenges in total contract value (TCV) conversion and sustaining growth in emerging markets as ...
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ET Now on MSNTCS Variable Pay 2024-25: QVP reduced for THESE employees for second quarter, THESE workers get 100%One of the people confirmed, many employees received 100 per cent of the variable pay, paid to largely employees belonging to ...
In 2024, TCS revised its HR policy to associate in-office attendance with variable pay. The updated policy mandated a minimum ...
Govil explained that the rest of the employees would get variable pay based on individual business unit performance. “Variable pay for the quarter will be in line with what we did last quarter.
TCS links variable pay to office attendance In April 2024 ... year and ₹11,909 crore in the previous September quarter. The company’s total income also grew by 6.13% to ₹65,216 crore ...
Around 25% of the organizations are planning to include variable pay in the wage definition. One out of three organizations in India are also likely to increase the basic pay, as per WTW report.
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