Does Tcs Reduce Salary ITR Filing TCS plans to double the salary reduce disparity HR head reveals the blueprint According to TCS CHRO Milind Lakkad employees across levels of experience are getting a chance to
TCS CHRO opened up about the company s plans in an interview Tata Consultancy Services TCS is taking steps to address pay disparities among its employees TCS chief human resources officer Milind Lakkad revealed in an interview that the company is looking forward to providing a chance for their employees to upskill and double their salaries Tata Consultancy Services TCS India s largest IT services company has revealed its plans for annual salary increases for its employees According to the company s Chief HR Officer Milind Lakkad the salary hikes will range from 4 5 to 7 based on individual performance Exceptional performers can anticipate double digit increments
Does Tcs Reduce Salary
Does Tcs Reduce Salary
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TCS Appraisal 2024 India s biggest IT company Tata Consultancy Services has declared a double digit salary increase The company plans to onboard 40 000 freshers and saw a reduction in headcount by 1 759 employees Despite this TCS ended with 13 249 fewer employees than the previous year and a 3 5 revenue growth Tata Consultancy Services TCS India s largest IT firm witnessed a decrease in hiring during FY24 The company s workforce reduced by 1 759 employees with a 12 5 attrition rate
We would like to show you a description here but the site won t allow us TCS added a net of just 821 employees during January March 2023 and 22 600 for the year Tata Consultancy Services TCS India s largest IT services company is planning to reduce pay disparity in the company by up skilling its employees and evaluating them at a high bar to double their salaries according to a Moneycontrol report
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After announcing the company s financials for the September 2022 quarter TCS chief human resource officer Milind Lakkad had said We are going to pay 100 per cent variable pay for 70 per cent of employees the remaining 30 per cent will get paid based on their business unit performance This is for Q2 July September TCS s HR director revealed in an interview that the company plans to reduce the pay gap between employees internally and is giving them the opportunity to double their salaries
Milind Lakkad chief human resource officer at TCS said during the earnings call We are going to pay 100 per cent variable pay for 70 per cent of employees The remaining 30 per cent will get TCS Salary Hike Revision Appraisal Variable Payout Good news The salary revisions will be like usual and the top performers will get a 12 15 per cent hike Milind Lakkad the Chief Human Resources Officer added ET Now Digital Updated Apr 13 2023 10 48 IST
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Does Tcs Reduce Salary - With higher pay and other retention policies attrition increased at TCS too to touch 19 7 per cent in the June quarter much higher than 17 4 per cent in Q4FY22 During the quarter the company