TCS Senior Staff Miss Variable Pay for September Quarter
A memo shows that senior staff at TCS will not receive variable pay for the September quarter. Reuters reports the decision affects the company's senior employees.
Context
Context: Variable pay is a bonus linked to performance or company results, so it can make up a large part of senior salaries. TCS is India's largest IT services firm, and its pay decisions are watched as a sign for the wider tech job market.
Burning Potato score: 33%