IT services major Wipro paid its employees an average of more than 85% variable pay for the fourth quarter of FY24, several employees have ...

The quantum of variable pay during Q4 has taken a hit for many companies as they struggle with extended deal closure cycles and a cautious ...

A report said that Infosys will disburse Q4 variable pay along with the May salary to employees. For FY24, Infosys has guided for revenue g...

The Bengaluru-based IT major has mailed its Wipro ‘Turbo’ candidates, typically offered Rs 6.5 lakh per annum earlier, the option to take u...

The payout will be for bands A to B3 for the third quarter, which means across freshers and team leader levels. ET has reviewed a copy of t...

Infosys employees will get 65% variable pay for the July-September quarter. For employees in the United States and Canada, the payout will ...

Wipro also promoted 16,000 employees internally aided by its quarterly promotion cycle.

The Bengaluru headquartered software services firm said it had onboarded 14,000 freshers in the first six months of fiscal 2022, with a net...

Tata Consultancy Services's previously said that its compensation and bonus cycle was running as planned. to margin pressure.

Experts are of the view that its impact is being felt more keenly by mid- and senior-level employees as companies are aware of zooming attr...

Last month, Infosys reported a lower-than-estimated 3.2% rise in June quarter net profit amid escalating costs.

This comes as Wipro last week communicated to employees that mid- to senior-level staff will not receive their variable pay for June-ended ...

"We've seen some continued pressure on operating margins. Our Q1 margins were lower at 15% due to inefficiency in our talent supply chain, ...

In a notice for its 74th annual general meeting (AGM), Wipro said it will seek shareholders' nod for appointment of Delaporte as the CEO an...

Large IT companies have begun to implement marginal cuts in employees' variable pay, an indication of the economic challenges they foresee.

Wipro promised 100% variable pay for this yr, which in other years is withheld if staff fail to meet target. 'UID work good opportunity for...

Employee costs account for 50-80% of the total operating expenses and variable pay accounts for 10-15% of the total employee expenses in th...