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ET Now on MSNTCS Variable Pay 2024-25: QVP reduced for THESE employees for second quarter, THESE workers get 100%One of the people confirmed, many employees received 100 per cent of the variable pay, paid to largely employees belonging to ...
The sector continues to face challenges in total contract value (TCV) conversion and sustaining growth in emerging markets as ...
India's largest IT giant Tata Consultancy Services (TCS) has rolled out its quarterly variable pay (QVP) for the October to ...
TCS had previously linked employee variable pay to office attendance, setting a minimum 85% work-from-office requirement to ...
This marks the second consecutive variable pay cut at TCS for senior employees despite adherence to the work-from-office ...
In the previous July-September quarter too, some employees had received only about 20-40 percent of their quarterly variable ...
In 2024, TCS revised its HR policy to associate in-office attendance with variable pay. The updated policy mandated a minimum ...
Operating revenue increased 31% to Rs 3,993 crore from Rs 3,049 crore last year. Swiggy’s overall gross order value (GOV) ...
India’s largest software exporter, has reduced the quarterly variable pay (QVA) for senior employees for the second ...
TCS won’t give variable pay to employees with less than 60% attendance in office The IT services major is expecting minimum 85% attendance of employees in office for them to receive full ...
Apart from variable pay, employees are also eligible for annual hikes across major Indian IT companies. Although TCS rolled out the annual hikes in time for its employees, Infosys and Wipro ...
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