5 days ago
TCS Awards Up to 70% Variable Pay to Senior Staff
TCS gives some employees extra pay based on their performance each quarter.
For April through June, mid- and senior-level workers received about 60% to 70% of this extra pay.
This was lower than the up-to-80% they received in the two earlier quarters.
The company now considers both a worker’s performance and how well their business area performed.
Some areas, such as travel, were affected by the continuing conflict in West Asia.
Junior employees who qualified reportedly received the full amount.
Workers also need to attend the office at least 85% of the time for the full payout.
Infosys gave a similar average bonus while technology companies adjust to changes caused by artificial intelligence.
Tata Consultancy Services awarded 60-70% quarterly variable allowance to mid- and senior-level employees for the April-June quarter.
The payout was below the up-to-80% levels received by these employees in the previous two quarters.
Payout calculations now include both individual performance and the performance of employees’ business verticals.
Junior-level eligible employees reportedly received the full 100% payout, while office attendance affected bonus eligibility.
Infosys separately paid an average 70% first-quarter performance bonus as India’s IT sector adapts to artificial intelligence-driven changes.
- Who
- Tata Consultancy Services employees, particularly mid- and senior-level staff; Infosys employees are also mentioned.
- What
- TCS awarded 60-70% quarterly variable allowance to mid- and senior-level employees, while eligible junior staff reportedly received 100%.
- Where
- At Tata Consultancy Services and Infosys in the Indian IT industry.
- When
- For the April-June quarter; the report also discusses Infosys’s first-quarter FY27 bonus.
- Why
- Payouts were influenced by individual performance, business-vertical performance, and office attendance; some verticals were affected by the continuing West Asia conflict.
Key facts
- TCS mid- and senior-level payout
- 60-70% of quarterly variable allowance for the April-June quarter
- Previous TCS payout
- Up to 80% in the previous two quarters
- Junior-level TCS payout
- Eligible employees reportedly received 100%
- Office attendance threshold
- At least 85% attendance is required for the full payout
- Bonus ineligibility threshold
- Employees with attendance below 60% are ineligible for the quarterly bonus
- Infosys average bonus
- 70% for eligible employees in the first quarter of FY27
- Affected TCS business
- Travel was impacted by the continuing conflict in West Asia, while consumer businesses declined 4%
Sources
Related news
TCS Trims Q1 Variable Pay Amid Margin and AI Pressures
Infosys Sets Quarterly Variable Pay At 70 Percent
AI Reprices Indian IT as Smaller Firms Challenge Giants
CAG Calls for Uniform Rules on IIM Directors’ Variable Pay
TCS shares tank 5% as Chandrasekaran resignation reported
India’s Semicon 2.0 Broadens Chip Ecosystem; Three Stocks Watched
India's AI Advantage May Come From Execution, Not Models
Ex-HCLTech CEO urges humans-first approach amid AI-led layoffs
Velavan Senthilkumar Bets on Squash Despite Its Empty Pockets
GCC Boom Creates New Revenue Opportunities for Indian IT Firms
