Variable Pay

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Variable Pay - Total results - 4
COVID-19 impact: IDFC First Bank senior management takes 10% compensation cut in FY21; pays 100% variable pay to 78% staff
Business

COVID-19 impact: IDFC First Bank senior management takes 10% compensation cut in FY21; pays 100% variable pay to 78% staff

IDFC First Bank paid 100 percent of the variable pay to 78.2 percent of employees for FY20.

Infosys salary row: Narayana Murthy is missing the trees for the woods; here's why
Business

Infosys salary row: Narayana Murthy is missing the trees for the woods; here's why

In a way, the dispute at Infosys is symptomatic of the struggles that the sector itself is facing. The companies are forced to raise the emoluments at the higher level to retain the priced executives who have the potential to boost the business while the lower-rung staff continues to see meager hikes

HR innovation: Wipro vets client satisfaction before pay hikes
Business

HR innovation: Wipro vets client satisfaction before pay hikes

Wipro is ushering a new trend in HR innovation by making employee productivity more quantifiable.

FinMin seeks views of IBA on variable pay in banks by Nov-end
Economy

FinMin seeks views of IBA on variable pay in banks by Nov-end

Khandelwal panel had recommended that banks should consider variable pay as a major component of wages. Besides, the letter has also asked IBA's view on the common pool creation for the post of Executive Directors (EDs) and CMDs.