SparklyNoodle
SparklyNoodle
9mo

Trending @Wipro; Variable Pay calculation in C1 band

What is the % of variable for latest quarter.

In our case it is around 42.5, which is far low than the expected calculation.

9mo ago
TwirlyMarshmallow
TwirlyMarshmallow

For c1, its 71% for Q4

MagicalDonut
MagicalDonut

Where did you get this news?

SleepyWalrus
SleepyWalrus

No it's 45% only

BubblyCupcake
BubblyCupcake

It is 68.85 % for C1. You can check this in my financial -> financial reports -> variable pay workings -> quarter 4. It may vary based on practice.

SparklyNoodle
SparklyNoodle

Seems it is different for different practices/accounts

GroovyMarshmallow
GroovyMarshmallow

At C1 level, it is not based on complete IT services but based on specific domain/pratice, till B3 it is based on IT services. For eg i have not been getting 1 portion of it out of 3, so getting 66% for last 2 cycles whereas my collegaues in B3 band in same pratice were getting 100%.

SparklyNoodle
SparklyNoodle

Thaks, do You know how they allocate Total Contract Value /bookings%

PrancingCoconut
PrancingCoconut

For B3 band it is how much % anyone knows ?

SparklyNoodle
SparklyNoodle

You can check in myFinance

ZoomyPenguin
ZoomyPenguin

Which account?

SparklyNoodle
SparklyNoodle

In Industry 4.0 practice

PrancingCoconut
PrancingCoconut

They mentioned company multiplier is 0.85 % for Q4 . What does that means how many % variable pay we will get ?

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