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WIPRO EMPLOYEE BONUS
Trent shares jump 4% ahead of board meet to consider bonus issue on April 22Shares of Trent Limited rose 4% ahead of its April 22 board meeting to consider a bonus issue, dividend and fundraising plans. Investors re...- Infosys employees to get 80% Q1 bonus in big hike over previous payoutThe details of the range were not available, but it has gone up at least by 20% since the fourth quarter. In some cases, the payout has tou...
- Infosys releases Q4 bonus, employees call payout tepidMost eligible employees received just 50% of their targeted bonus, with some receiving 70% and only a few exceptional performers getting mo...
- Wipro issues bonus shares at 1:1; adds 978 headcount in September quarterThis is Wipro’s first bonus share issue since 2019, when it offered one bonus share for every three shares held. In total, Wipro has issued...
- Wipro gives over 85% variable pay for Q4 FY24IT services major Wipro paid its employees an average of more than 85% variable pay for the fourth quarter of FY24, several employees have ...
- IT attrition may spike again as firms delay performance-linked payoutsThis comes as Wipro last week communicated to employees that mid- to senior-level staff will not receive their variable pay for June-ended ...
- Wipro to hike pay of 80% eligible staff in SeptemberThis is the second such exercise this year as the company looks to retain staff amid a battle for talent in the country’s tech sector.
- Wipro plans salary hike for 80% of eligible staff in September, second this yearThe Wipro salary hike would be in the high single digits for offshore employees while it will be in the mid-single digits for onsite employ...
- Wipro takes up robust hiring plan, promises skill-based bonusesWipro said its fresher hiring during the January-March quarter stood at 3,000 and would be much more robust in the coming quarters.
- Accenture gives bonuses to a large part of its staffThe payouts have been made over the past few weeks to more than half its 2,00,000 employees in India across technology and business process...
- Staff takeover deals in IT see retention perksIndian IT has seen about a dozen such contracts in the past two years as clients seek their expertise for digital transformation. HCL took ...
- Wipro rolls out bonus plan for juniors to curb attritionWipro will pay bonus with the January salary, primarily to employees in the B1 and B2 bands.
- Number of crorepatis at Wipro fall to 51 from 70 last yearAccording to Wipro’s latest annual report, the number of crorepatis at Wipro stood at 51 for the year ended March 2016, compared to 70 last...
- As rivals like IBM, Accenture, TCS, Infosys and others sulk, Cognizant rewards staff with huge bonus payoutsThe target bonus payout for 2013 was more than 200% for top performers. While the payout was 150% for the second bucket, the third got 100%.
- Cognizant doles out bonuses of up to 200% to employeesEmployees did expect a good bonus payout as the company beat analysts’ expectations to post a 43% rise in fourth quarter net profit.
- IT major Cognizant gives 189% bonus to top brassCognizant competes with TCS, Infy and Wipro, and will be doling out bonuses for its employees during the second week of March.
- India Inc rewarding employees with bigger bonusesCompanies across sectors like FMCG, consumer durables, auto, retail, IT and financial services are planning to dole out bumper festive bonu...
- Wipro promises 100% variable payWipro promised 100% variable pay for this yr, which in other years is withheld if staff fail to meet target. 'UID work good opportunity for...
- Hefty pay packets a threat to Indian IT cos' marginsThe Indian IT industry fears that fattening pay packets for employees could cut down their profit margins. World News and Trends
- Just get your pal & party at Moolah RougeNow, IT firms are offering cash sops, gizmos, cars & holidays for buddy referrals.
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