T hird time in a row, Tata Consultancy Services (TCS) has reduced the variable pay of its senior employees, according to a ...

While announcing its Q4 and FY25 earnings last month, TCS had said that it would be deferring annual wage hikes to its 6.07 ...

TCS pays 100% quarterly variable allowance to 70% employees, refuting claims of pay cuts for senior employees.

Tata Consultancy Services (TCS) has reduced the quarterly variable allowance for senior employees for the third consecutive ...

Recent media reports suggesting Tata Consultancy Services slashed bonuses for senior employees have been refuted by the IT ...

TCS has rolled out full quarterly variable pay to 70% of employees, while the rest received lower payouts based on business ...

(Reuters) Tata Consultancy Services (TCS) has cut the variable pay of its senior employees for the January-March quarter, according to a Moneycontrol report. This marks the third quarter in a row ...

TCS’s recent explanation on bonus payouts shows the company’s efforts to keep its compensation policies open and consistent. By giving more than 70% of its workers 100% QVA, TCS has aimed to convince ...

This decision follows a change in policy linking variable pay to office attendance, with stricter rules implemented in April 2024. Furthermore, TCS has announced a delay in salary hikes due to ...

Tata Group’s IT sector company, TCS, has paid full Quarterly Variable Allowance (QVA) to more than 70% of its employees for ...

Tata Consultancy Services (TCS) has paid out 100 per cent cent of the Quarterly Variable Allowance (QVA) to more than 70 per ...

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 ...