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TCS requires 60% office attendance for variable pay

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According to the media reports, a global leader in IT services, consulting, and business solutions company, Tata Consultancy Services (TCS) requires 60% office attendance...

Wipro to offer employees 85% variable pay component

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According to Financial Express report, a leading technology services and consulting company, Wipro plans to offer its employees an average 85% variable pay for the...

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

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Indian IT giant Infosys reduced its average variable pay to 73% given to its employees for the third quarter of the current fiscal. However,...

Infosys to give 80% variable pay to employees

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An Indian multinational information technology company, Infosys is planning to give an average payout of 80% to employees in its quarterly performance bonus. This is...

Hexaware Technologies gives between 14% to 16% salary hike

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IT major, Hexaware Technologies gives 100% variable pay to its employees. And the exceptional performers will be receiving 120% variable pay. Vinod Chandran, Chief Operating...

After Infosys Wipro announced more benefits to its employees

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A multinational corporation that provides information technology, consultant, and business process service, Wipro has an allotment of approximately 3,98,733 shares to its eligible employees...

Infosys reduces Average Variable Payout for Q4FY23 to 60%

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India's second-largest IT giant Infosys said that the average variable payout for Q4FY23 has been reduced to 60 percent at an organization level. The employees...

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

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An information technology services and consulting company, HCLTech will be providing 85 percent of its employees with variable pay for Q4 FY 2022-23. According...

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

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According to the reports to Business Today, IT companies including TCS, Wipro, and many others are facing an economic slowdown. The report also...

Wipro rolls out 87% variable pay to employees for Q3FY23

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As per reports, an Indian multinational corporation, Wipro rolls out 87% of the variable quarterly pay to over 80% of its workforce. However, Wipro's remaining...