BusinessTCS Senior Staff to Miss Variable Pay for September Quarter
Tata Consultancy Services (TCS) senior staff, specifically those in C3A grade and above, will not receive quarterly variable allowances for the September quarter as the company missed its performance targets. This is the first time in at least two years that TCS has withheld all variable pay for some employees. Junior-level staff will still receive full bonuses. The decision follows TCS's weakest sequential revenue growth in three years.
Mint Companies··Bengaluru



