Tag Archives: TATA Consultancy Services
TCS gives its employees a Diwali surprise – 1.5 times the VA (Diwali Bonus ?)
TCS has been in the news for All bad reasons recently, for a change today the TCS Management has announced 50% increase in VA Quarterly component for the just concluded quarter. This is applicable only for this quarter and not future VA components.
Most of the employees are expected to receive the increased VA in october [...]
TCS posts better than expected Q2 results
TATA Consultancy Services (TCS) beat the market outlook by posting decent Q2 numbers following in Infosys path.
The net profit was at Rs 1,640 crore vs Rs 1,533 crore QoQ (Quarter-on-Quarter). The results are up 3.2% QoQ and 6.9% YoY.
TCS is expected to announce Full VA for its employees for the Q2 this month.
The positive results is [...]
TCS to have multiple COO’s after Chandrasekaran
Tags: CEO, Chandrasekaran, COO, Ramadurai, TATA Consultancy Services, TCS
Related posts
Whats a PIP in TCS ? – Performance Improvement plan (17)
TCS sues employees quitting on deputation (14)
TCS starts firing game more aggressively (17)
TCS recalls its BRMs and All non billable staff from US (2)
TCS Q4 Results: 70% Divident for Shareholders -10% salary for employees (7)
TCS planning to restructure onsite Salary
TATA Consultancy Services is planning to restructure its onsite Salary Structure and it is most likely that higher grade employees will lose out their extra perks and benefits, though a total reduction in salary is not possible as per US Govt law the minimum wages should be 60,000 $ per annum.
The company is also [...]
TCS starts firing game more aggressively
PIP or no PIP ? Has your project manager cleared it not cleared it ? Are you a critical resource or not ? . Well TCS HR says all these questions doesn’t matter.
As one of my friend came to know in a hard way recently after the quarter results. He is a critical resource and [...]
TCS Q4 Results: 70% Divident for Shareholders -10% salary for employees
TCS depicts a typical company where no unions are present. While TCS is projecting that it is still comfortable in terms of profits the company has shrewdly cut down the Variable Allowance components of employees. TCS plays two different tunes to media and its internal circulation. While announcing a 70% divident for its shareholders (The [...]
Whats a PIP in TCS ? – Performance Improvement plan
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TCS is trying desperately to damage the name it had with associates few years back. Now the HR has totally different role in this organisation, how to reduce cost at any cost.
Earlier TCS had PIP [...]
TCS asks employees who got continous 2 ratings or Band D to resign
Yesterday some of the TCS employees who have obtained two or more years of continous 2 rating or Band D have been asked to resign from TCS even if they are currently allocated in projects.
Though this might look strange but it might be a relief for unlucky ones in Bench at the moment and create [...]
Performance evaluation drama peaks at TCS (TATA Consultancy services)
Every year the annual performance evaluation (or Rating as TCSers call it) goes with lots of drama but this year it is going to be even more chaotic thanks to the economy.
The ratings or the actual values were released on 17 March 2009 and the final Bands will be released on April 11 [...]
TCS increases working hours and gives VA cut again
TCS – TATA Consultancy Services, has gone too low in these times not only in terms of Revenues but also in its HR values and ethics. TCS is not exactly a IT role model it has always used tactics to circumvent many laws and also extract more out of employees.
There was a time when TCS [...]
