TCS Variable Pay News: Tata Consultancy Services has paid out 100 per cent cent of the Quarterly Variable Allowance (QVA) to more than 70 per cent of its workforce for the January -March quarter.

The company clarified that for employees in other grades, the QVA payout is determined by the performance of their respective business units, which is consistent with TCS’s established policy across ...

The company clarified that for employees in other grades, the QVA payout is determined by the performance of their respective business units, which is consistent with TCS's established policy ...

The report quoted a TCS employee who said, “For senior employees, variable pay forms 15-20% of the CTC (cost to company). They (the company) have been deducting the QVA (quarterly variable ...

The report quotes an anonymous employee, who said “I was supposed to get Rs 54,000 in QVA, but ended up getting Rs 21,000 last quarter and this quarter it was even less at Rs 16,000”.

For other grades, QVA depends on unit’s business performance ... Infosys is said to have paid 80% variable pay to employees. TCS’ workforce at the end of Q2 was 612,724 and it added a net ...

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 ...

Net profit came in at Rs 11,909 crore. Responding to Moneycontrol’s detailed queries, a TCS Spokesperson said, “For Q2FY25 we have paid out 100% QVA (Quarterly Variable Allowance) to junior ...

India’s largest IT firm Tata Consultancy Services (TCS) stated that it has paid 100 per cent Quarterly Variable Allowance (QVA) to more than 70 per cent of the company employees in response to ...

For all other grades, the QVA depends on their unit’s business performance. This is in line with our standard practice across quarters,” TCS said in a statement. In its latest quarter ...