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TCS hopes bonus payout will help contain high attrition

2015-04-18 22:53:32| IT Services - Topix.net

Country's largest software exporter Tata Consultancy Services today said it hopes the Rs 2,628-crore bonus to its lakhs of employees TCS, TCS bonus, TCS nextstep, TCS share price, TCS webmail, TCS results, TCS layoff, TCS news, TCS ion, Tata Consultancy Services, Company news Tata Consultancy Services clarified that the 11,000 employees of its recently merged subsidiary CMC will not be eligible for the payout. Country's largest software exporter Tata Consultancy Services today said it hopes the Rs 2,628-crore bonus to its lakhs of employees will help contain the high attrition level.

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TCS announces Rs 2,628 cr bonus for employees

2015-04-16 19:04:31| IT Services - Topix.net

Country's largest software services firm Tata Consultancy Services on Thursday said it will give out one-time bonus to employees that will be cost it Rs 2,628 crore. TCS will pay employees a Special Reward or one-time bonus to mark the 10th anniversary of the company's initial public offering in August 2004, TCS said in a statement.

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Tata gives employees anniversary bonus, cuts into profits

2015-04-16 19:04:30| IT Services - Topix.net

India's outsourcing industry needs to hire and retain staff in big numbers to keep business humming, so for the 10th anniversary of its initial public offering, Tata Consultancy Services announced a one-time "special reward" for its employees. TCS said all its employees worldwide, who have completed at least one year of service, would be eligible for the special bonus, with each employee paid one week's salary for every year of service in the company.

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