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variable pay: HR News, Trends & Workplace Insights

Latest variable pay HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on variable pay.

Updated on: May 2025
TCS Full Variable Pay to Workforce Senior Cuts Persist
Compensation

TCS Full Variable Pay to Workforce Senior Cuts Persist

May 6, 2025

TCS Cuts Variable Pay for Senior Staff Amid Economic Challenges

Tata Consultancy Services TCS has announced a reduction in the variable pay of its senior staff fo...

Compensation
Nov 9, 2024
TCS Cuts Variable Pay for Senior Staff Amid Economic Challenges

HCLTech CEO C. Vijayakumar No Attendance-Linked Variable Pay

In a recent interview, C. Vijayakumar, Chief Executive Officer CEO and Managing Director MD of H...

Compensation
Jul 16, 2024
HCLTech CEO C. Vijayakumar No Attendance-Linked Variable Pay

Wipro gives over variable pay to employees for QFY

For the fourth quarter of FY, an Indian multinational corporation that provides information techno...

Industry
Jun 11, 2024
Wipro gives over variable pay to employees for QFY
TCS requires 60% office attendance for variable pay
Compensation

TCS requires 60% office attendance for variable pay

According to the media reports, a global leader in IT services, consulting, and business solutions company, Tata Consultancy Services (TCS) requires 60% office attendance for variable pay. According to a Times of India report, Tata Consultancy Services (TCS) has updated the following policies: According to the reports, the policy said, “If an employee is found […]

Apr 23, 2024
Wipro to offer employees 85% variable pay component
Compensation

Wipro to offer employees 85% variable pay component

According to Financial Express report, a leading technology services and consulting company, Wipro plans to offer its employees an average 85% variable pay for the third quarter of the ongoing fiscal year. The company provided an average variable pay of 80% in the previous two quarters. The report also stated that Wipro’s recent email to employees […]

Mar 2, 2024
Infosys Variable payout for Q3 is down to 73% from 80% in Q2
Compensation

Infosys Variable payout for Q3 is down to 73% from 80% in Q2

Indian IT giant Infosys reduced its average variable pay to 73% given to its employees for the third quarter of the current fiscal. However, earlier the company rolled out variable payouts of around 80% for the previous two quarters. According to Financial Express, the IT giant had reduced its variable pay to 60% for the […]

Feb 15, 2024
Infosys to give 80% variable pay to employees
Compensation

Infosys to give 80% variable pay to employees

An Indian multinational information technology company, Infosys is planning to give an average payout of 80% to employees in its quarterly performance bonus. This is higher variable pay than the company had given earlier, 60 per cent average variable pay in April 2023 quarter and 70 per cent in the June 2022 quarter. An official communication […]

Nov 17, 2023
Hexaware Technologies gives between 14% to 16% salary hike
Compensation

Hexaware Technologies gives between 14% to 16% salary hike

IT major, Hexaware Technologies gives 100% variable pay to its employees. And the exceptional performers will be receiving 120% variable pay. Vinod Chandran, Chief Operating Officer & HR head at Hexaware Technologies said, “Our determination to go above and beyond in our variable payouts is a testament to our belief that when we support our […]

Aug 26, 2023
After Infosys Wipro announced more benefits to its employees
Compensation

After Infosys Wipro announced more benefits to its employees

A multinational corporation that provides information technology, consultant, and business process service, Wipro has an allotment of approximately 3,98,733 shares to its eligible employees as stock options through an exchange filing. 3,96,893 shares were given under the ADS Restricted Stock Unit Plan 2004,1840 were allocated under the Restricted Stock Unit Plan 2007. According to reports, […]

May 20, 2023
Infosys reduces Average Variable Payout for Q4FY23 to 60%
Compensation

Infosys reduces Average Variable Payout for Q4FY23 to 60%

India’s second-largest IT giant Infosys said that the average variable payout for Q4FY23 has been reduced to 60 percent at an organization level. The employees will receive individual emails regarding the Payout. The variable pay would be disbursed along with the May salary. In Q1FY23, Infosys had lowered variable payout to 70 percent, which was then […]

May 18, 2023
HCLTech 85% employees to get variable pay: CPO, R Sundarajan
Compensation

HCLTech 85% employees to get variable pay: CPO, R Sundarajan

An information technology services and consulting company, HCLTech will be providing 85 percent of its employees with variable pay for Q4 FY 2022-23. According to the reports of Business Today, the Chief People Officer (CPO) of HCLTech Ram Sundarajan said, “The variable pay for Q4 FY23 will be similar to previous quarters where 85 per […]

Apr 21, 2023
TCS & IT companies delay onboarding of freshers, cut variable pay
Compensation

TCS & IT companies delay onboarding of freshers, cut variable pay

According to the reports to Business Today, IT companies including TCS, Wipro, and many others are facing an economic slowdown. The report also suggests that IT companies may still delay the onboarding of freshers candidates. The report also suggested that as far as the variable payouts are concerned they have been dull to date in […]

Apr 12, 2023