Connect with us

Latest News

TCS Reduces Variable Pay for Senior Staff, Despite Office Attendance Compliance!

Published

on

TCS Reduces Variable Pay for Senior Staff, Despite Office Attendance Compliance!

Tata Consultancy Services (TCS) has implemented a reduction in variable pay for certain senior employees, even as they adhered to the company’s work-from-office policy. This decision has led to cuts ranging from 20% to 40% for some senior staff members, with a few not receiving any bonus at all. In contrast, junior employees received their full quarterly variable allowance (QVA) for the latest quarter.

Overview of Variable Pay Adjustments

In a recent statement, a TCS spokesperson clarified that while junior employees across the company received 100% of their QVA for the second quarter of FY25, the variable pay for senior grades is contingent upon their unit’s business performance. “This is in line with our standard practice across quarters,” the spokesperson noted. The adjustments follow a 70% payout in the previous quarter, indicating a significant shift in compensation strategy.

TCS’s variable pay structure is intricately linked to both office attendance and the performance of individual business units. The company has been actively encouraging employees to return to the office, warning that non-compliance with attendance policies could lead to disciplinary action. As of July 2024, TCS reported that approximately 70% of its workforce was back in the office, with attendance numbers steadily increasing.

Updated Variable Pay Policy

In April 2024, TCS introduced a revised variable pay policy that directly ties bonuses to office attendance. The policy outlines four attendance slabs determining the variable pay:

  • Less than 60% attendance: No variable pay for the quarter
  • 60-75% attendance: 50% of the variable pay
  • 75-85% attendance: 75% of the variable pay
  • Above 85% attendance: Full variable pay for the quarter

This policy was part of TCS’s broader strategy to ensure employees return to physical offices five days a week, emphasizing the importance of in-person collaboration and organizational culture.

Q2 Performance and Future Outlook

For the second quarter, TCS reported a year-on-year revenue growth rate of 5.5% in constant currency terms, reflecting broader trends within the IT sector. The company anticipates improvement in performance by Q4, with management expressing optimism that headwinds affecting growth will stabilize by Q3. “We expect the headwinds to stabilize in Q3 and return to growth in Q4,” TCS management shared during their recent earnings call.

Industry Context

TCS’s decision to link variable payouts to office attendance sets it apart from other major Indian IT firms such as Infosys and Wipro, which have not adopted similar policies. Wipro recently distributed an average variable payout of 85% for its employees, highlighting a different approach to employee compensation amid changing work dynamics.

The implementation of this updated variable pay policy underscores TCS’s commitment to fostering a collaborative work environment while navigating challenges posed by economic uncertainties and evolving industry demands.

Conclusion

As TCS continues to adapt its compensation strategies in response to market conditions and employee attendance patterns, the recent reduction in variable pay for senior staff raises important questions about employee morale and retention. With ongoing changes in workplace dynamics and expectations around hybrid work models, how TCS manages these transitions will be critical for maintaining its competitive edge in the IT services sector.

Continue Reading
Advertisement
10 Comments

10 Comments

  1. gratis binance-konto

    May 7, 2025 at 12:09 pm

    Thanks for sharing. I read many of your blog posts, cool, your blog is very good.

  2. binance registrering

    July 2, 2025 at 5:41 am

    Thanks for sharing. I read many of your blog posts, cool, your blog is very good.

  3. binance

    August 23, 2025 at 2:23 pm

    Your article helped me a lot, is there any more related content? Thanks!

  4. Binance创建账户

    August 30, 2025 at 9:35 am

    Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me. https://www.binance.info/en-IN/register?ref=UM6SMJM3

  5. GO88

    November 7, 2025 at 8:42 am

    Tham gia cộng đồng game thủ tại Go88 để trải nghiệm các trò chơi bài, poker phổ biến nhất hiện nay.

  6. Kuwin

    November 7, 2025 at 1:58 pm

    kuwin sở hữu kho game đa dạng từ slot đến trò chơi bài đổi thưởng, mang đến cho bạn những giây phút giải trí tuyệt vời.

  7. J88

    November 11, 2025 at 7:56 am

    Đến với J88, bạn sẽ được trải nghiệm dịch vụ cá cược chuyên nghiệp cùng hàng ngàn sự kiện khuyến mãi độc quyền.

  8. MM88

    November 13, 2025 at 1:22 am

    Khám phá thế giới giải trí trực tuyến đỉnh cao tại MM88, nơi mang đến những trải nghiệm cá cược thể thao và casino sống động.

  9. 站群程序

    November 13, 2025 at 11:29 am

    搭载智能站群程序,自动化搭建与管理,为SEO项目提供核心驱动力。站群程序

  10. iwin

    November 17, 2025 at 3:50 pm

    iwin – nền tảng game bài đổi thưởng uy tín, nơi bạn có thể thử vận may và tận hưởng nhiều tựa game hấp

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Zerodha Reports 23% Profit Decline in FY25 as Revenues Miss Target

Published

on

Zerodha FY25

Zerodha experienced a challenging FY25, as its revenue fell 11.5% to ₹8,847 crore and net profit dropped 22.9% to ₹4,237 crore. This decline reflects tougher regulatory conditions, lower trading volumes, and increased operational costs in the brokerage market, all of which impacted core earning segments for the company.​

Despite these headwinds, Zerodha improved its operating margin to 63.78% and built up significant cash reserves, reporting ₹22,679 crore in bank balances. Salary expenses and director remuneration increased, but disciplined cost controls helped the company maintain profitability and a debt-free balance sheet. The drop in active clients and increased compliance costs further contributed to the profit contraction.​

Looking ahead, Zerodha’s resilience is supported by its robust cash position and operational efficiency. Maintaining steady margins, diversifying product offerings, and investing in technology positions the company to withstand future regulatory fluctuations and changing market sentiment reinforcing its status as one of India’s leading brokerage firms.

Continue Reading

Latest News

Zoho Pay Debuts as India’s New UPI Challenger, Taking on PhonePe, Paytm, and Google Pay

Published

on

Zoho Payment

Zoho Corporation has expanded its fintech portfolio with the launch of Zoho Pay, a UPI-based payments app built to challenge India’s top digital payment giants such as PhonePe, Paytm, and Google Pay. The new app supports peer-to-peer transfers, bill payments, QR-based transactions, and merchant settlements in a streamlined interface. Available as both a standalone app and an integrated feature inside Zoho’s privacy-driven messenger Arattai, Zoho Pay enables users to handle chats and payments in one platform, emphasizing data privacy and Made-in-India innovation.​

Through seamless integration with Arattai, Zoho Pay allows users to send or request payments, split expenses, and conduct UPI-based transactions directly in their chat windows. Users can link bank accounts, scan dynamic QR codes, and receive audio confirmations of payments, ensuring speed and security. This design mirrors the simplicity of India’s leading UPI apps but is powered by Zoho’s non-advertising, privacy-first model. The integration aligns with Zoho’s mission to build a self-reliant digital ecosystem, where messaging and money management coexist securely.​

In the competitive digital payments market, Zoho Pay differentiates itself through its tight business software integration with apps like Zoho Books, Zoho Payroll, and Zoho Commerce, offering small businesses unified access to payments, billing, and accounting. The company is also expanding its reach with POS devices for merchants featuring UPI QR, card payments, and instant reconciliation tools. With founder Sridhar Vembu’s vision of a ‘Chat + Pay’ ecosystem, Zoho Pay reflects a bold step toward redefining India’s fintech scene with a secure, ad-free, and locally developed alternative to global payment platforms.

Continue Reading

Latest News

Meta Expands AI-Powered Reels Translation to Hindi and Portuguese, Enhancing Global Creator Reach

Published

on

Meta has expanded its AI-powered translation feature for Reels to include Hindi and Portuguese, joining English and Spanish in empowering creators to reach a broader global audience on Instagram and Facebook. Originally launched in August 2025 with support for English and Spanish, this update now allows creators to seamlessly translate and dub their short videos, breaking language barriers across some of the largest Reels markets worldwide. The AI technology mimics the creator’s voice tone and even offers lip-syncing to ensure the translated videos feel natural and engaging for viewers.​

This enhancement is especially significant for India, the largest market for Facebook and Instagram, where over 600 million people speak Hindi. Content creators who are not fluent in Hindi can now easily access this vast audience, increasing their reach and engagement across diverse linguistic groups. To maintain transparency, all translated Reels are clearly labeled with “Translated with Meta AI,” and viewers can choose to switch translations on or off based on their preference.​

In addition to voice dubbing, Meta is developing features to translate captions and text stickers on Reels, making content more accessible even without sound. These AI translation tools are available free for eligible public Instagram accounts and Facebook creator profiles with over 1,000 followers. This innovation reinforces Meta’s commitment to fostering cross-cultural content sharing and enhancing creators’ ability to connect with audiences around the world through short-form videos.

Continue Reading
Advertisement

Recent Posts

Advertisement