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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. ....

Milind Lakkad , Tata Consultancy Services , Variable Pay , Work From Office , Attendance Policy , Return To Work Mandate ,

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. ....

Milind Lakkad , Saurabh Govil , Business News , Work From Office , Variable Pay , Tcs Linking Variable ,

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. ....

Piyush Gupta , Variable Pay , Biggest Bank , Record Profit , Dr Gupta ,

'I had to spend my annual bonuses on debt and school fees – I wish I'd done this instead'

I’ll always remember that sense of relief – bordering on euphoria – on those days I received my annual bonus. ....

United Kingdom , Office For National Statistics , Lifetime Isa , Variable Pay , Annual Bonus , Bonus Payments , Investment Management Firms ,

TCS to give out 100% variable pay to 70% of the employees for Q3

The remaining 30 percent staff will be paid out based on the business-related performance ....

Milind Lakkad , Tata Consultancy Services , Consultancy Services , Milind Lakkad , Variable Pay ,