TCS delays June quarter variable pay for select employees

Tata Consultancy Services NSE -0.30 % (TCS NSE -0.30 %), India’s largest IT services company by revenue, has delayed performance bonus or variable compensation payout by a month for some employees for the quarter ending June.

The Tata Group company has delayed the variable payout for C3A, C3B, C4, and equivalent grades by a month. These are employees at the assistant consultant, associate consultant, and consultant levels.to The money that was due to be paid in July will be paid by August-end now, according to an internal email accessed by ET.