Govil explained that the rest of the employees would get variable pay based on individual business unit performance. “Variable pay for the quarter will be in line with what we did last quarter.

The idea of performance-based variable pay was discussed during the recently held BCCI review meeting in Mumbai to ensure that the players are more “accountable” and do not have an indifferent ...

Tata Consultancy Services (TCS), country’s largest IT giant, has rolled out quarterly variable pay (QVP) for October-December quarter to eligible employees. According to QVP, senior level ...

Mutual fund portfolio managers said they expected to earn $251,424 in base pay on average, plus variable pay — including bonuses, commissions, and options — of $1.12 million. At investment ...

The variable pay for employees in delivery and sales divisions who are part of the majority of Infosys 3,23,000 workforce, has been reduced by 5-10 percentage points compared to the previous quarter.

Toronto-Dominion Bank (TD) has significantly reduced the compensation of its top U.S. executives as the fallout from its ...