Wed, Aug 24, 2022
The company asserted that these were more in the nature of "investments" given the robust demand scenario, and assured it will be looking at cost optimising levers such as better utilisation, and more automation.
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Tue, Aug 23, 2022
India's second largest IT firm Infosys has reportedly reduced its average variable payout for the June quarter to 70%. Apart from this, Wipro has put on hold the variable payments of its mid and senior level employees for the April-June quarter. Whereas, junior level employees will be given only 70% of their June quarter variable. TCS has also postponed the quarterly variable pay of some employees for a month. Infosys operating margin stood at 23%. Wipro's operating margin stood at 15% in the June quarter. Why are the margins of IT companies declining? Watch this exclusive report on India 360.
Mon, Aug 22, 2022
According to the sources, Infosys has reduced variable payout for the June quarter or Q1 FY23 to about 70 per cent and the employees have been informed about the same.
Tue, May 17, 2022
In this video, we talk about what is variable pay and fixed pay in your salary structure. Here is all you need to know.
Sat, Apr 15, 2017
The salary drawn by Sikka this year was lower than what he earned in the previous year as he took home Rs 48.73 crore.
Mon, Apr 03, 2017
Research and advisory firm Stakeholders Empowerment Services (SES) has questioned Infosys' founder and chairman N R Narayana Murthy's recent comments in his letter over corporate governance,remuneration and equal pay in the letter.
Fri, Aug 05, 2016
The guidelines cover remuneration structure such as fixed pay, perquisites, bonus, guaranteed pay, severance package, stock, pension plan, gratuity, etc.
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!["Image of Infosys as Gold Standard of Corporate Governance was nothing but a halo created by Murthy and Company," says Gupta of SES Governance](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2017/04/03/16994-infosys2-reuterswire.JPG?itok=HD6RcFkq&c=f12fad9b0656ab9d85a2ca9e113f0959 ""Image of Infosys as Gold Standard of Corporate Governance was nothing but a halo created by Murthy and Company," says Gupta of SES Governance")
