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TCS, Infosys, Wipro: The variable pay in IT services companies depends on the company’s overall performance, along with the performance of individual employees.
In an internal email, Wipro said the variable pay of employees would depend on the company’s performance as well as the performance of the business unit in which employees are working. -- aaa
The company said the variable pay will be released along with the November payroll.
Wipro Variable Pay Latest News: Wipro added that the variable pay will be given for bands A to B3 for the September-ended quarter.
Thierry Delaporte, CEO and Managing Director of Wipro said the company will pay out 100 per cent of variable pay to 85 per cent of its employees for the second quarter of financial year 2023.