I do not know why we are calling it a paycut and media is making a big event out of this. The very concept of having a VARIABLE pay is for this - it VARIES as per company's, unit's and individual's performance. This time if there is a small reduction (1-2%) in the variable pay, what is the big deal? When TCS paid the variable in full or more than the committed amount when the market was booming, did anyone report this as TCS hikes salary? Let us be fair before creating any sensation!
RE:Its not a pay cut!
by prince on Jan 31, 2008 07:48 PM Permalink
"more than the committed amount"...This has never happened before & will never happen..They are cutting but will not INCREASE so suddenly....this is the issue....
RE:Its not a pay cut!
by Rajkumar V on Jan 31, 2008 08:02 PM Permalink
Have you heard ever that salaries increased in middle of the year. salary increase is always given within the timeframe already annouced ie either in new fin. year or employee's new year. then why salary cut in the middle of year. why dont they cut in the next annual hike due to the employee so that they are prepared in advance for it.
