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The demand for Artificial Intelligence (AI) is continuously increasing in almost all the industries around the world, and this field is also very much | BLiTZ ....
Variable payout, also known as performance pay, is a part of the employee compensation that depends on both the performance of the employee and the overall performance of the company. Lately, IT companies have been scaling back on this part of the employee compensation. ....
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 paid based on their business unit performance. This is for Q2, July-September.”
Several IT sector employees tell Business Today that they are taken aback by Wipro's tough stance on moonlighting. They say that firing workers over 'moonlighting' is too harsh. ....
Amongst the limited pool of talent available to startups or even IT service firms in India right now, unicorns and companies flush with funds are not shying away from doling all-time high salary offers to the techies. ....