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Edex Live on MSNTCS disburses full variable pay to 70% staff, others face cuts amid unit-wise slowdownTata Consultancy Services (TCS), the country’s largest Information Technology (IT) services provider, has disbursed 100 per ...
TCS pays 100% quarterly variable allowance to 70% employees, refuting claims of pay cuts for senior employees.
The bonus payout in Q4FY25 was lower than the 80% incentive given in the third quarter and an average of 90% payout in the ...
Tata Consultancy Services (TCS) has addressed recent reports suggesting significant reductions in variable pay for senior ...
BENGALURU: The country's largest IT services company Tata Consultancy Services (TCS) on Monday rejected reports that claim the company slashed variable pay for ...
T services firm Infosys has reportedly issued a quarterly variable payout of 65 per cent for eligible employees in Q4 FY25 as ...
The development comes as the IT industry at large has been delaying issuing variable payouts amid no significant margin growth. Variable pay is a performance-linked incentive, paid out on a quarterly ...
While 70% received the full variable allowance, the rest received the pay according to the unit's performance. Variable pay is paid out quarterly to employees, and every quarter it differs ...
New rules for Chinese active funds unveiled this month that are set to drastically change fund flows in the country's stock ...
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In a marked shift from previous quarters, Infosys has slashed performance bonuses for a significant portion of its staff for ...
Tata Consultancy Services distributed 100% quarterly variable compensation to 70% of its employees, while the remainder received reduced payouts based on their business unit's performance.
TCS has again reduced variable pay for its senior employees This is reportedly happening for the third consecutive quarter Last month, TCS deferred annual salary increments Third time in a row, Tata ...
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