Diabytes
Variable pay News
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Media reports circulating saying TCS to give 100% variable to its employees as Christmas gift.
30% employees will get variable on the basis of performance.
However, a source close to the affairs, has told Zee Media that the news isn't true.
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Wipro announces 100 per cent variable pay.
IT firm will give variable pay to all of its band A to B3 employees.
The variable compensation amounts to 93.5 per cent.
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TCS will pay 100% variable pay to all its employees in one or 2 month as per normal process.
TCS declined reports that claimed delaying in its variable pay for C3A, C3B, C4, and equivalent grades by a month.
Earlier, Wipro and Infosys cut in variable pay of its employees due to decline in operation margin.
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