Wednesday, April 30, 2025

Tag: variable pay

TCS Cuts Variable Pay for Senior Staff Amid Economic Challenges

Compensation Sahiba Sharma -
Tata Consultancy Services (TCS) has announced a reduction in the variable pay of its senior staff for the July-September...

HCLTech CEO C. Vijayakumar: No Attendance-Linked Variable Pay

Compensation Sahiba Sharma -
In a recent interview, C. Vijayakumar, Chief Executive Officer (CEO) and Managing Director (MD) of HCLTech, clarified the company’s stance on...

Wipro gives over 85% variable pay to employees for Q4FY24

Industry Sheenu Pradhan -
For the fourth quarter of FY24, an Indian multinational corporation that provides information technology, consultant, and business process services,...

TCS requires 60% office attendance for variable pay

Compensation Sheenu Pradhan -
According to the media reports, a global leader in IT services, consulting, and business solutions company, Tata Consultancy Services...

Wipro to offer employees 85% variable pay component

Compensation Sheenu Pradhan -
According to Financial Express report, a leading technology services and consulting company, Wipro plans to offer its employees an average...

Infosys Variable payout for Q3 is down to 73% from 80% in Q2

Compensation Sheenu Pradhan -
Indian IT giant Infosys reduced its average variable pay to 73% given to its employees for the third quarter...

Infosys to give 80% variable pay to employees

Compensation Sheenu Pradhan -
An Indian multinational information technology company, Infosys is planning to give an average payout of 80% to employees in its...

Hexaware Technologies gives between 14% to 16% salary hike

Compensation SightsIn Plus -
IT major, Hexaware Technologies gives 100% variable pay to its employees. And the exceptional performers will be receiving 120%...

After Infosys Wipro announced more benefits to its employees

Compensation Sheenu Pradhan -
A multinational corporation that provides information technology, consultant, and business process service, Wipro has an allotment of approximately 3,98,733...

Infosys reduces Average Variable Payout for Q4FY23 to 60%

Compensation SightsIn Plus -
India's second-largest IT giant Infosys said that the average variable payout for Q4FY23 has been reduced to 60 percent at...

HCLTech 85% employees to get variable pay: CPO, R Sundarajan

Compensation Sheenu Pradhan -
An information technology services and consulting company, HCLTech will be providing 85 percent of its employees with variable pay...

TCS & IT companies delay onboarding of freshers, cut variable pay

Compensation Sheenu Pradhan -
According to the reports to Business Today, IT companies including TCS, Wipro, and many others are facing an economic...
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