TCS did pay additional EVA to 4 & 5 rated employees 2 years back. It is no surprise that some time the cut was going to happen. Problem is this cut will make the good employees go away from the company as the high performing employees will be affected the most. Then what will remain is the junk who are paid more than they deserve for some back office jobs. And the company performance will go even more down. This is a vicious circle. I dont know what the TCS management is going to do about it!
RE:It's not always a cut
by Subho Mukherjee on Feb 05, 2008 08:44 PM Permalink
If one caompares what one got then to what one is hit with now you theres a difference. Please understand that TCSs variable component is almost 40-50% of total pay as compared to say IBMs/Delloits 20%. A 20% of 50% is 10% of pay whereas 20% of 20% would be 4% of pay. Other companies pay you a bonus on EVA surpluses as well which TCS has been silent about till now.
