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Tata Consultancy Services: TCS introduces 60% work from office attendance policy for variable pay allocation; Here s how it works

Tata Consultancy Services (TCS) has introduced a revised variable pay policy that integrates employees office attendance as a key factor. The policy, effective post the company s quarterly results, establishes four attendance slabs dictating the variable pay for employees. Employees working from the office for less than 60% of the time will not receive any variable pay for the quarter, while those with office attendance between 60-75% will receive 50% of the variable pay. Employees attending the office 75-85% of the time will be eligible for 75% of the variable pay, and those with office compliance levels above 85% will receive the full variable pay.

TCS links variable pay to work from office

India Business News: BENGALURU: TCS has updated its variable pay policy to include work from office as a crucial factor.

Singapore bank giant DBS cuts executive bonuses over digital outages

Singapore's biggest lender DBS said its CEO's variable pay would be slashed after a series of disruptions.

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