RE:TCS
by Sanjeev Gupta on Jan 31, 2008 07:23 PM Permalink
Dear Siddhartha, Say what you can, but dont you think it is highly highly iunprofessional accepting in the media that you have given some excess payment to the employees and now u r trying to prune salaries to compensate for that... What kind of managemnet is this.. Maligning the entire sector..!!
RE:RE:RE:RE:TCS
by Nandish Mehta on Jan 31, 2008 08:19 PM Permalink
Sanjeev, its the media who has hyped this...the cutting & increment of variable pay happens each & every year and for each & every company...so basically its your luck if you are paid more than variable or atleast equal to varibale. In fact, my previous Indian company paid me average 110% in every quarter & 120% one quarter then what should I say here ? So be ready for both the ways.
RE:RE:TCS
by Nandish Mehta on Jan 31, 2008 08:18 PM Permalink
Sanjeev, its the media who has hyped this...the cutting & increment of variable pay happens each & every year and for each & every company...so basically its your luck if you are paid more than variable or atleast equal to varibale. In fact, my previous Indian company paid me average 110% in every quarter & 120% one quarter then what should I say here ? So be ready for both the ways.
RE:RE:RE:TCS
by Nandish Mehta on Jan 31, 2008 08:19 PM Permalink
Sanjeev, its the media who has hyped this...the cutting & increment of variable pay happens each & every year and for each & every company...so basically its your luck if you are paid more than variable or atleast equal to varibale. In fact, my previous Indian company paid me average 110% in every quarter & 120% one quarter then what should I say here ? So be ready for both the ways.
RE:TCS
by on Jan 31, 2008 08:21 PM Permalink
Well Sanjeev, I am not sure what is this "excess payment" you are talking about. However when TCS had done good on EVA front about 1.5yrs ago it had given a bonus to the good performers. It was almost three times the amount it is cutting now.
RE:TCS
by Indian on Jan 31, 2008 11:31 PM Permalink
Most of the Indian IT companies are not that good as much as out siders think and lot of scope to improve to move up in profenelism