Tata Consultancy Services: 100% bonus to employees, salary increase too! Big announcement from TCS? – mssewb.org

Tata Consultancy Services: ‘Big news’ ahead of New Year for employees of Tata Consultancy Services (TCS). Because, on the occasion of Christmas and New Year, the salary of the employees of the organization has been increased by 20%. Also ‘variable pay’ will be given 100%! This incredible news has naturally created a stir in the information technology world. The same is known from several newspaper reports.
Although there is no truth in this news! According to the TCS authorities themselves. An official familiar with the report said, “This news is not true.”

However, multiple reports claimed that 4 lakh employees out of about 6 lakh employees of the company will be given 100% bonus for the current financial year. The remaining 30% employees will get bonus based on ‘performance’. Media reports also said that TCS will give a 20% pay hike on Christmas for 70% of its employees. The rest will be paid on the basis of performance. Which naturally created a stir in the IT sector.

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However, this news is not true. TCS authorities have not made any such announcement. On the contrary, he is claiming that the report published in the media has no basis.

Incidentally, TCS recently made a net profit of Rs 10,431 crore. This is the first time the company has crossed the Rs 10,000 crore target in any half. That is why the reports published in the media seemed more realistic to many. According to them, after reading the newspaper report, it seemed that the company authorities were happy to achieve this target for the first time!

Especially in a situation where all the big IT companies in the world are laying off their staff, many people were naturally surprised by this news of salary and bonus announcements going in the opposite direction. They also say that if such a big decision is made, the employees of the organization will know first. Because, company authorities have always made such announcements in front of employees or otherwise through e-mails. There, these news workers did not know anything at all, it is known from the newspaper reports that many people had doubts about it.

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TCS job is considered as one of the most secure jobs. 1,200 new employees have joined TCS at a time when layoffs are underway at major firms across the globe. Moreover, the company’s workforce has increased by 9,840 during the July-September 2022 period. The total number of employees of the company as on 30 September 2022 stood at 6,16,171.

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