<ul><li>TCS has reduced variable pay for senior employees for the third consecutive quarter, affecting payouts for January-March 2025 period amid global economic uncertainty.</li><li>Concern has risen among employees as reduced bonuses were observed despite meeting office attendance targets, with some receiving as low as 20 percent of their eligible variable pay.</li><li>TCS linked variable pay to office attendance in April 2024, with deviations in actual payouts reported even for employees meeting attendance criteria.</li><li>The company has postponed its annual salary hikes, citing global headwinds and business pressures, while continuing to invest in learning and development initiatives for employees.</li></ul>

TCS slashes variable pay again; delays salary hikes

Discover more