TCS HR boss on linking variable pay to work from office: Not to punish employees
Hindustan TimesTata Consultancy Services Chief HR Officer Milind Lakkad said that the decision to link employees' variable pay to attendance is a way to foster a return-to-office culture. This comes after TCS linked its quarterly variable pay with attendance owing to which any employee of the company with less than 60 per cent attendance won’t be eligible for the quarterly bonus. Milind Lakkad, EVP and Chief Human Resources Officer at Tata Consultancy Services announces the Q1 financial results 2024-25 during a press conference, in Mumbai. The last measure we have taken to basically make sure that people who do not understand or have not yet understood the value of coming to work, they do understand.” “Whatever variable pay is taken out is fed back to the people who are coming in.
History of this topic
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