Indian IT giant Infosys has cut back on variable pay second time in a row in this financial year. The company announced in an internal email that eligible employees would be handed 65 per cent ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Employees of all stripes often receive bonuses around ...

IT giant HCL Tech has announced its plan to change its quarterly variable pay policy to fixed salaries for all employees and roll out salary increments from October, following last year's process. “We ...

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 (TCS) ...

Tata Consultancy Services (TCS) has cut variable pay for some employees in the July-September quarter due to a challenging demand environment and economic uncertainties. While junior-level employees ...

As the news around slashing or deferring variable pay gains momentum, Moneycontrol does a deep dive into various elements that constitute and affect the variable pay of employees. Simply put, an ...

Bigger pay packets have been among factors putting pressure on margins. The top IT services firms are freezing or cutting staff bonuses, worried that tightening budgets at US. and European clients who ...

HSBC Holdings Plc said it may increase some variable pay, resulting in higher expenses, after it announced a surge in third-quarter earnings. “We have signaled, potentially in Q4 because of the very ...