IT Employees

Infosys distributed an average a bonus of 80 per cent in Q3 FY25, and 90 per cent in Q2 FY25, Moneycontrol reported

Infosys has informed some employees of lower Q4 FY25 bonus payouts citing profit decline while calling the move temporary and promising better recommendations once growth returns

Several of the fired employees expressed disbelief, arguing they were unaware they were breaking any rules and that their intention was merely to attend interesting sessions

The country's largest IT services exporter TCS has reached pre-pandemic levels on the percentage of employees working from offices, a top official has said. Admitting that it took longer than expected, the Tata group company's chief of human resources Milind Lakkad said the levels have been achieved after 18 months of "hard" efforts. "We actually have come to the point where we believe we are coming back to almost the same levels as we were pre-pandemic times," Lakkad told PTI. Stating that "it is kind of a business as usual" for the company employing over 6 lakh people, Lakkad said TCS will not track this metric as much in the next couple of quarters. The number of employees working from offices for five days a week is higher than the 70 per cent it had previously announced, he said, without giving a figure. It can be noted that the pandemic-induced lockdowns resulted in the entire IT industry's staff delivering work from their homes, but companies, who look at working from offic

Stellantis laid off around 400 employees in a video call after asking them to do work from home on a particular day. They will now get a comprehensive separation package and transition assistance

On March 16, a section of IT employees, under the banner of KITU, staged a protest in front of the labour commissioner's office in Bengaluru to press for their views

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Indian IT Services companies, Goldman Sachs said, have doubled their market share in the last 10 years to 6.2 per cent of the global IT spending in CY22

NITES in a letter to NASSCOM sai the increasing number of frauds and scams are targeting thousands of fresher's and experienced employees in the IT sector

Productivity improves in terms of revenue per employee

Amid the growing debate on moonlighting, a new report has revealed that 43 per cent of employees in the Indian IT sector find moonlighting favourable

A meeting was called by the officials of the labour department on October 25, but the company did not appear for meeting

The firm's office will remain open for four days each week

Several companies, the report claims, have introduced higher variable pay and employee engagement budgets while cutting down the internet allowance to make employees return to the office

Only 9% of managers say hybrid work model gives them confidence that employees are productive

So far, more than 90 per cent of TCS employees have received the variable payout, according to the largest software exporter in India.

Some of the sectors which have been included in the survey are- financial services, banking, and technology, media and gaming

IT company Wipro has held back variable pay of employees mainly due to pressure on margins, inefficiency in its talent supply chain and investment in technology, according to sources

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A labour court in Chennai recently asked TCS to reinstate a former employee and clear all his past dues. This could become a reference for performance-related unlawful terminations in the IT industry