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 ...

A pair of PHL Variable Insurance ... point whether all policy benefits will be paid, despite policyholders paying the same premiums that they have always had to pay." The motion further noted ...

“It was one of the suggestions given that players should be held accountable and if their performance is deemed not fit as per expectations, they should face variable pay-cuts,” a source sai ...

The motivation levels of players could be through the roof with this model [Credit: Getty] Let us get the fairly obvious benefits of a performance-based variable pay model out of the way!

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 ...

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 ...