This is misleading ... I am not a TCS employee, but I can understand that this is not a salary cut rather a roll out of lesser variable pay for the employees. Variable pay is a % of the company profits and if there is any quarter where company doesn't do well in profits, the variable pay component takes a bit of smacking...
Rediff, Please don't create a monster when there is not even a problem
RE:What Rubbish!
by Great Hindu on Jan 31, 2008 05:35 PM Permalink
Every IT company has variable pay and they cut or add based on profit..dont create stories out of nothing!! please we have better news to discuss.