"We have gone ahead and rolled out our annual salary increase with effect from April 1st. Our operating margin of 23.2% reflects the 200-bps impact of this hike, offset through improved efficiencies," TCS CFO Samir Seksaria said.
HCLTech has announced that 85% of employees will receive variable pay for Q4 FY22-23. The announcement was made during an earnings call by the company's Chief People Officer, Ram Sundarajan. Variable pay is compensation awarded to staff who go above and beyond their usual duties to contribute to the company's success., Companies News, Times Now