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Wipro holds back variable pay of employees

 2 years ago
source link: https://nextbigwhat.com/wipro-holds-back-variable-pay-of-employees/
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Wipro holds back variable pay of employees

  • August 19, 2022
  •  Managers to the C-suite Level of the company will not get any portion of variable pay. Whereas, employee grades between freshers to team leaders will get 70% of the total variable pay.
  • Inefficiency in talent supply, pressure on margins, and inefficiency in investment in technology are some of the reasons the company has not released variable pay.
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