Tata Consultancy Services ties pay to attendance and deployment metrics
Tata Consultancy Services (TCS) just changed up its pay system. Now, your monthly performance pay depends on how often you show up at the office and deployment metrics.
Alongside this, average salary hikes are set at 5% to 8%, but top-rated performers in the A+ band received 10% to 13% hikes, while those in lower bands received 2% to 3%.
These updates follow India's new labor codes, which are shaking up how salaries are structured.
TCS variable pay overhaul prompts concern
Variable pay is now split between monthly payouts and an annual bonus instead of quarterly payments.
Many employees say their monthly variable has dropped, and gratuity is no longer included in cost to company (CTC), which could make job switches tougher.
There's also some unease as managers have reportedly been asked to put more people in the lowest performance band ("D"), risking pay cuts or even exits.
TCS says these changes help with compliance and tax flexibility, but folks are still worried about their salaries and job security.