TCS Attendance Rule: If you are working in IT company TCS company then this news is for you. Reduction of bonus for those whose office attendance is less than 100 percent…
TCS Attendance Rule: If you are working in IT company TCS company then this news is for you. The company has announced a reduction in bonus for those whose office attendance is less than 100 percent. In this case employees with less than 60 percent attendance will not get anything as bonus. In fact, the company issued a new rule a few days ago, which has been implemented. Paying bonuses based on attendance is also part of the same policy. For those who work from home, it will have a direct impact on their pockets. In fact, the variable is the amount that the company receives above the salary of its employees. This money is given based on the performance of the employees.
Find out what the bonus is based on
The company gives bonuses to its employees based on quarterly results. Some time ago, the company told its employees that they would come to the office and work only 5 days a week. However, the company has allowed many employees to work from home. According to the company’s new policy, employees with 60 to 75 percent office attendance will get 50 percent variable pay. Where 75 to 85 percent attendance gets 75 percent variable and those with more than 85 percent attendance get 100 percent variable.
The agency warned
The company warned that all workers who are working from home should come to the office to work. Disciplinary action will be taken against those whose office attendance is less than 85 percent. The company also said that the compliance of all employees who are working from home will be reviewed on a quarterly basis and variable determinations will be made accordingly.
The number of employees has decreased in a year
Over the past year, the company has lost more than 13,000 employees. If we talk on a quarterly basis, the number of employees has decreased in the third quarter of the financial year 2023-24 as well. This is the first time in 19 years that the number of employees at the company has decreased. However, the company also added new employees during this period.
