1 day ago · TCS Variable Pay Cuts Senior Employees: One of the people confirmed, many employees received 100 per cent of the variable pay, paid to largely employees belonging to level C3 and below. The Tata subsidiary’s grade structure is typically in the order starting with entry level at Y as trainees, Systems Engineer roles at C1, which goes up to C2, C3 – A&B, C4, C5 and CXOs. Employees in the C3B ...

1 day ago · An employee mentioned that employees in business units with strong performance have been granted 100% of their variable pay, while those in sectors or verticals that reported poor growth have received lower payouts.

1 day ago · Tata Consultancy Services has reduced variable pay of senior employees for the third quarter ended December 2024 despite them adhering to the company's work from office norms. This is the second consecutive quarter of the variable pay cut.

1 day ago · Tata Consultancy Services (TCS) has once again reduced the variable pay for its senior employees for the October-December quarter, linking payouts to office attendance. Tata Consultancy Services ...

1 day ago · India’s largest IT services company, Tata Consultancy Services (TCS), has once again reduced the quarterly variable allowance (QVA) for its senior employees, despite their adherence to the company’s return-to-office policies. While junior employees continue to receive almost full payouts, senior staff are facing significant reductions, raising concerns about fairness and cost-cutting ...

1 day ago · Tata Consultancy Services (TCS) has reduced quarterly variable pay (QVA) for senior employees for the second consecutive quarter, despite them adhering to the company’s work-from-office policy, according to a report by Moneycontrol, citing sources.

1 day ago · TCS slashes variable pay for senior employees for second quarter in a row In the previous July-September quarter too, some employees had received only about 20-40 percent of their quarterly ...

20 hours ago · TCS cuts variable pay for senior execs for second quarter The sector continues to face challenges in total contract value (TCV) conversion and sustaining growth in emerging markets as the core ...

Nov 9, 2024 · BENGALURU: Tata Consultancy Services (TCS) has reduced variable pay of its senior-level employees in the September quarter compared to the previous quarter. Sources said though many...

Oct 12, 2023 · Tata Consultancy Services (TCS), the largest IT services company in India, will make 100% variable pay for a majority of its employees for the quarter ended September 2023.