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 ...

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. Some IT sector firms, including TCS, have now linked the ...

Last year, TCS had linked work from office attendance to variable pay out of employees. The HR policy was updated expecting minimum 85 percent attendance of employees in office for them to ...

City sources said the proposals would see Mr Elhedery's fixed pay roughly halved, but with significantly more generous maximum variable pay awards. When he was named as Noel Quinn's successor last ...

While many have received 100% of the variable pay, paid to largely employees belonging to level C3 and below, one of the people confirmed. The grade structure at the Tata subsidiary is typically in ...

Tata Consultancy Services (TCS) has reduced quarterly variable pay (QVA) for senior employees for the second consecutive quarter, despite them adhering to the company’s work-from-office policy, ...

TCS had previously linked employee variable pay to office attendance ... strategic realignment rather than a simple cost-cutting exercise. While junior employees benefit from full QVA payouts, salary ...

Tata Consultancy Services (TCS), India’s largest IT services company, has cut variable pay of senior employees for the third quarter ended December 2024 (Q3 FY25) despite them adhering to the ...

India's largest software exporter Tata Consultancy Services (TCS) has reportedly slashed the quarterly variable pay of its senior employees. This is the second consecutive quarter that the company ...

Last year, TCS had linked work from office attendance to variable pay out of employees. The HR policy was updated expecting a minimum 85% attendance of employees in the office for them to receive full ...

India’s largest IT company, Tata Consultancy Services (TCS), has distributed the quarterly variable pay (QVP) to eligible employees for the October-December period. However, according to sources, ...