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TCS cut variable pay at senior levels in July-Sept quarter: Report
short by Mansi Agarwal / on Saturday, 9 November, 2024
TCS reduced quarterly variable allowance (QVA) of several employees at the senior level in the July-September quarter amid demand uncertainty, Moneycontrol reported. While some employees got about 20-40% of their QVA, some got nil, the report stated. Full QVA was given to junior grades, TCS said, adding that for all other grades, QVA depends on their unit's business performance.
read more at Moneycontrol