TCS
TCS
on
QuirkyBiscuit
QuirkyBiscuit
23mo
by

How many of you really checked the numbers in your compensation letter ? Eg - say 10L is overall CTC. Here they mention 2 to 3L as variable pay which we will not get 100% and employer pay in PF is part of ctc unlike in other companies. Empl

23mo ago
QuirkyBiscuit
QuirkyBiscuit
23mo

If we dig deeper then one can understand that tcs employees are getting 20 to 25k less take home per month than other firms for the same package. And gratuity/pf will still be less since the basic is very less here. Medical insurance, employee should pay for their pocket. Just wondering, is TCS showing good revenue only by deducting employees variable pay ? by asking them to pay the medical insurance ?by reducing the gratuity ? OMG...it's a big scam which 99% employees not aware of.

DancingPretzel
DancingPretzel
23mo

You get 100% variable pay up till C2 grade... After that your variable pay get linked to account performance and unit performance as well

QuirkyBiscuit
QuirkyBiscuit
23mo

Yeah may be because the variable pay is more for higher grades

CosmicWaffle
CosmicWaffle
23mo

Medical insurance is deducted in salary why? Even the individual sum with Ctc is invalid as they gave me in letter

QuirkyBiscuit
QuirkyBiscuit
23mo

That's the policy in TCS but they say it will be covered by TCS

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