Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
It is less than 0.5%.
by Gagandeep Singh on Jan 31, 2008 06:40 PM

Just creating hype out of nothing. the variable pay s usually 10% of total pay. In most of companies it happens that when company gains profits it pays this part higher by 5-10% similarly if it looses employees also have to bear the setback by similar %age. Till date IT companies were in profits, so nobody botheres even when the companies were sharing their profits. now companies are bearing losses so everybody seems interested in checking their salary statements. this is usual and nothing to worry about. Same trend would follow again when companies start showing profits.

    Forward  |  Report abuse
The above message is part of the Discussion Board:
TCS salary cut: Tell us!