Management is full of muddlehead people. Tata Consultancy Services, on Thursday, said it will pay its employees a one-time bonus to mark the 10th anniversary of the company’s Initial Public Offering (IPO). 469k members in the india community. But I am not sure about the price. Say for Example, TCS issues bonus shares in the ratio of 1:8 (1 bonus share for every 8 shares held). FYI. The … I wish ill luck to TCS if they don’t amend their ways of working. Bonus pay at TCS America ranges from $2,550 to $12,000 annually among employees who report receiving a bonus. 1 IT company Tata Consultancy Services(TCS) has announced that it will give its employees a one-time bonus of Rs 2,628 crore to mark the 10th anniversary of the company's listing on India's biggest stock exchange in 2004. I told him it is obivious if someone has worked on a technology for 4 yrs and all of a sudden if he is (forcibly) made to change the technology the output will not be the same as before. Your email address will not be published. I asked him to check his mail instead as he hadn’t seen my resignation yet. The Official Subreddit for India Do you join the company blindfolded? I have never been happier in my 2 yrs career with this F******g company , i am so relived. point is if TCS continues like this they will have to keep lowering the bar on recruits. TCS has been in the news for All bad reasons recently, for a change today the TCS Management has announced 50% increase in VA Quarterly component for the just concluded quarter. Its funny a 2007 ITA promoted assosciate almost earns double that of 2009 promoted ITA!! While level 2 members may give or receive 5,000 points per calendar month. For the fiscal under review, net income under IFRS grew 2.3 per cent YoY to $4,005 million from $3,917 million in FY 2017. BUT if you caculate this, for a 2 years experienced person in TCS, the quarterly component is 1800 rupees. 150% one time va payement comes to approx Rs 3k for upto 5 years exp professionals in TCS, and thats the majority of the employees. Its a very Funny announcement. The new insurance plan for Expats in US is an insult to all employees who have any kind of self-respect (I will write in detail about that later). Tata Consultancy Services on Thursday said it will give one-time bonus to all eligible employees to mark the 10th anniversary of its IPO. If you cannot accept the performance linked VA, and understand that performance is the basis for your pay, you’d better join the government or start your own paan-beedi shop (paan-beedi – you may not do well either – because if your performance here is worthy only of 2, at least you get a basic salary – paan-beedi shop doesn’t guarantee that). If yes, may I know by when will it be delivered.? Guys, in one of the many promotion related posts on Dexternights, I had commented that if I am denied my well-deserved promotion without any logical reason, I’ll quit TCS in 90 days’ time irrespective of whether I get another job or not. Those who touted about job security in TCS, it can be seen that in recession times, randomly people were picked and forced to resign. This only sounds to me like dropping Rs. TCS you better give a proper salary hike or the employee resentment will be so high you will definitly get only people who don’t know english and diploma holders to join your company. Also the AM is threatening if u will not perform well i ll reduce ur rating. You know – the kind of guys who run around solving other people’s problems. If you dont have an alternate offer then come and experience the Certainty (of bad to worse, worse to worst employee benefits) if you have an alternate offer consider that or else you will repent for the lost years that you worked with this company. They are actually fooling everyone by saying 50% extra. Written by Corporate Bureau | Mumbai | Updated: Apr 21 2009, 07:22am hrs. And I am holding 100 TCS shares, for 96 shares I will get 12 bonus shares. Read more about TCS hits record high after fixing record date for 1:1 bonus issue on Business Standard. Hence instead of giving 1.5 times VA the company shud have gone for giving a salary hike. Show us some love! This is the country’s largest bonus issue in India. Unlike any other industry the S/W industries major expense is people and nothing else. You guys are losers in denial. The country's No. Management continues to sell the same shit to media and employees. I joined TCS 2 yrs back and got a consistent rating of 4. Dividend Amount per share (INR) * Record Date. It used to be a sarkari Babu company and still the decision makes are babus. It is the world's largest IT services provider. These limits may change over time. Just dont refer this company even in your dreams to your enemies . I joined the company two years ago. Dont recommend to join this company. Congratulations and thanks to all of you for your tremendous effort. I have never seen a ugly, cheap company like TCS. This 50% percent more means he gets 900 rupees extra for the quarter, or 300 per month. These are company's accumulated earnings which are not given out in the form of dividends, but are converted into free shares. TCS Q4 Results: Net Profit Jumps To 6,904 Crore Rupees, Approves 1:1 Bonus Share Issue. What TCS massive bonus shows: Software's T-Rex is facing the downside of size TCS announced a large bonus payout to its employees yesterday with its annual results, but the bonus is also indicative of the challenges it faces in managing a massive 3-lakh-plus workforce and size. how many years of experience and which TCS branch? 3) From August 25, 2004 till now, TCS has issued bonus shares twice in the ratio of 1:1 (one bonus share for every share held). This shows how much he respects the employees and cares about the employees. And to mention, I have advised many not to join TCS and will continue to do so. The stock hit record high of Rs 3,585, up 2.4% after the company has fixed June 2, 2018 as the record date for determining the entitlement of members to receive bonus … Company Name: Times Internet Limited Registered Office Address: 9-10,Bahardurshah Zafar Marg, New Delhi - 110002 Corporate Identity Number: U74999DL1999PLC135531 They are not mutually beneficial and they are just exploiting employees and have no plans to retain talent and make it a joy for all stakeholders. 59 votes, 27 comments. This is the worst HR practice i have ever seen in corporate. NEW DELHI: Oil-to-telecom behemoth Reliance Industries (RIL) on Friday announced bonus shares in the ratio of 1:1. Management is full of muddlehead people. I’m searching for a job outside for betterment of my future. First Babu’s appraise an employee with a opaque band of D and then organization axes them out. This is applicable only for this quarter and not future VA components. Final decision is yours. Appraisals are unfair and ridiculous. Their only aim is to earn revenues for themselves and the company (as it is related). my sincere suggestion is dont get carried away with rumours like tcs will send u onsite within one year and also dont join here with a lesser package as you need to work for atleast 2 yrs back to back to get ur original 6.2.. trust me. It is a sign that companies are increasing their profitability. Hi All If you had happened to read the transcript of the message from Chandra (new CEO) you will notice that he has nothing to say for employees. You guys are wallowing in self-pity, you should come to where we sit and see how we do our jobs. In a regulatory filing on the BSE, the IT major said net profit for Q4 at Rs 6,925 crore was up 4.6 per cent from Rs 6,622 crore in the same period year ago and up 5.8 per cent sequentially from Rs 6,545 crore quarter ago. Anyone who has got a rating of 2 in his/her career and does not perform private chores of his senior mgmt is unfir to be promoted.Thats the real Tata Gem company’s policy for y. TCS is left with bunch of jokers and bloody hypocrites. My case was due in June, 2009, when can we get an update on this from HR? TCS hopes bonus payout will help contain high attrition. Yeah sure we can easily shift but then we have to start in a brand new environment and make new relationships. We joined TCS when we had lots of other options and now are frustrated because we now realize we have invested many precious years in a company that is now unexpectedly betraying us. TCS was the first one to increase working hours to 9 hours in name of poor exchange rates and poor reallization. The reason for pay hike could be the fact that the industry has started hiring and many people from TCS are looking for better and brighter options outside. I repent , just work in this concern for 1 yr you probably become a maniac , or they will make you insane . My total exp is 4 yrs and now all of a sudden the RMG forcibly made to join a project which is totally a different technology. Top TCS Salaries - By Title . Quarter. Got onsite opportunities when I did not want to go and when I was desparate to go, did not get opportunities. So the only motivating factor is the salary and the VAs. TCS has announced that it will give its employees a one-time bonus of Rs 2,628 crore to mark the 10th anniversary of the company’s listing on the company's biggest stock exchange in 2004. Even if you get onsite after an year, you never know when you will be sent back because management decisions come on a fly to cut 20% workforce from onsite and sent back. "Rs 26,800 crore of cash has been returned to shareholders in dividends and buyback during the fiscal," added the company in the filing. TCShad allotted 1:1 bonus shares in 2006 and 2009. May be i can get many jobs , but if i loose my brain i dont think i can get it back ……………………. As of now I dont see any benefit (for employees) working in this company. TCS operates in 46 countries. No need to be so happy, as all of the employees were expecting a salary hike not a 50% more of the VA. As Infy has declared 8% hike in the salary of the employees, we were expecting not 8% but atleast 5%. The company also declared total dividend of Rs 50 per share, including Rs 29 per share final dividend and Rs 21 interim dividend for the fiscal under review (FY 2018), which translates into a record 5,000 per cent per annum. I am working for TCS for last 8.5 years and a meagure package of 7.6L PA. Was waiting for a promotion and market conditions for last 2 years before walking out. He forgets he is also an employee of TCS. What was the designation you would have been promoted to? Will there be any decrease in that? Hi All, I got an offer from TCS , with ASE as designation and C1 Grade. Source: PTI. The company's blue-chip scrip of Re 1 face value gained Rs 31.15 to end at Rs 3,190.65 per share on the BSE on Thursday from Wednesday's closing price of Rs3,159.50 and opening price of Rs 3,175. BRAVO! Am I eligible for the dividend and bonus issue. So the media goes gaga over 150% and the employee gets just Rs 3k as a one time payment. From my point of view this company TCS is no good. Bravo man! Even if you get onsite after an year, you never know when you will be sent back because management decisions come on a fly to cut 20% workforce from onsite and sent back. First of all it not only demotivates the employee but also the employee loses the morale. Tata Consultancy Services (TCS) on Thursday announced 1:1 bonus shares of Re 1 face value to its investors at the end of fiscal 2017-18. 🙂. TSR Darshaw says the dividend date is 01.07.09 and about the bonus issue it states ----Post Issue details a. Time has come for TCS to give atleast some value to its employees, else the attrition rate says it all “good bye to TCS and its BSc/diploma resourses” , who dont even know how to reply to clients mail…. Below is the excerpt fromVP & Head of Global HR , TCS. Seniors please throw some light on this. Clarification on Odd Ratios. This news is not confirmed and I would request all fellow TCS’ers here and Admin to check and post here. Most of the employees are expected to receive the increased VA in october salary, this will  give a minimum bonus of Rs 4000 and upwards . I agre to the above answer by ” You probably joined tcs long time ……. Its brand value has grown 14% from $9 billion in 2017, placing it among the top three IT services companies globally. Let them not suffer , I almost got heavy mental pressure , thyriod , high BP and what not . So pls advise me , is it good to join TCS ? Fiscal Year. TCS America pays an average of $5,169 in annual employee bonuses. One-Time Bonus Hits Q4 Profit TCS reported a 29 per cent fall in its net profit in the fourth quarter ended March 31, 2015, on a sequential basis. TCS has been in the news for All bad reasons recently, for a change today the TCS Management has announced 50% increase in VA Quarterly component for the just concluded quarter. Definition: Bonus shares are additional shares given to the current shareholders without any additional cost, based upon the number of shares that a shareholder owns. Blood suckers ! Considering the performance of the company in this quarter, I am pleased to announce the management decision to pay 1.5 times of the quarterly component of the variable pay for the quarter ended 30 September, 2009, applicable for eligible employees on India payroll. Final decision is yours. previously I was with Cognizant with packge of 4.2. This means that the total payout to shareholders will now be Rs 50 for the year. 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He never relaliated because he knew I had nothing to lose. I took a brave decision, even though i had huge financial commitments because i dont want to loose my sanity. Today, I have come back to update all of you with this piece of information that I quit TCS on the 27th day after my promotion was officially denied – of course with a much better offer from a good company. Hi All, I have one query regd the TCS 1:1 Bonus. 50% VA hike is just a sort of “soothing” cover on the wounds. If you look back, many companies have announced issues of bonus shares to their shareholders by capitalizing their free reserves . Support our journalism by becoming a TNM Member - Click here. Company Name: Times Internet Limited Registered Office Address: 9-10,Bahardurshah Zafar Marg, New Delhi - 110002 Corporate Identity Number: U74999DL1999PLC135531 What does this mean? Just got promotion to AST after a delay of 2 years and that too with a hike of Rs 100 Per Month in Basic salary. TCS also said it would give its employees pay increases of 6-10 per cent, a shade better than Bengaluru-based rival Infosys’ 6-9 per cent increase. TCS net up 7%; to give 1:1 bonus. Consolidated revenue for Q4 grew 8.2 per cent to Rs 32,075 crore from Rs 29,642 crore in same period year ago and 3.8 per cent sequentially from Rs 30,075 crore quarter ago. Beware lateral hires and freshers. So TCS gets a profit increase of 29% over last year, and the employees get a salary hike of 1% over last year, and that two the employee base has not even increased so there is no justification for this huge disparity in the profit hike and salary hike. Onsite salary is same for last 4 years + no indian salary at that time. Something is better than nothing….& 29 % zoom up in Net profit for Q2 results!!!! There was one question why there has been nothing mentioned for employees and his response was I have it my last statement that we will make TCS a joy for all stakeholders (thats it). my understanding is for every share of TCS held by me, i will be getting one more TCS share. I have heard that some pay hike is on the cards and team ultimatix is working on it. What will happen to my remaining 4 shares? Tata Consultancy Services (TCS) on Thursday announced 1:1 bonus shares of Re 1 face value to its investors at the end of fiscal 2017-18. Any updates on this years promotion due. just because you probably joined a long time back and got automatically promoted and you probably don’t deserve. TCS is a big time sucker. Any news about VA increase for the newly promoted ITAs ? Secondly it affects the promotion. In 2015, TCS was ranked 64th overall in the Forbes World's Most Innovative Companies ranking, making it both the highest-ranked IT services company and the top Indian company. Seriously before the next time he posts his speech he needs to review it once to make sure he is not insulting the strength of any software company. TCS is the second largest Indian company by market capitalisation. Until, that stays the same, nothing is going to change. Required fields are marked *, Notify me of followup comments via e-mail. Actually branch doesn’t matter because the culture is same in every branch of TCS. 50% sounds like a lot. Country's largest software exporter TCS on Friday said it hopes the Rs 2,628-crore bonus to its lakhs of employees will help contain the high attrition level. All the best dear:). I am getting very less paid then my previous company now, when i joined , they gave me a good pay , good hike, and took everything away. But I had already made up my mind so my answer was a straight faced ‘NO’. I had enough just wanted to give myself a break and ive quit the Organisation. For the year ending March 2020 Tata Consultancy Services has declared an equity dividend of 7300.00% amounting to Rs 73 per share. Share: Updated: Apr 17, 2015, 18:30 PM IST. @ratnakar…. TCS to give employees one-time bonus of Rs 2,628cr. probably sitting around sending emails and getting a fat salary for it. dude read the post properly, @john said nothing about graduates. Well said John, u are right and the same set of calculations was running in my mind too.. ramadorai and chandra took hike in their packages in terms of crores, and see the way they have projected “+50%” in Variable component to its employes. Cognizant facing higher Visa Denials for Computer System Analyst roles, Computer Programmer H1B role and Probability of H1B approval in 2018, Intel and several other processors affected by Memory leak bug, Trump administration proposing to end H1B extensions, Trump and conservatives are advocating socialism, minimum wage for USA. We may crib, but we don’t do it out here. Business | NDTV Profit Team | Friday April 20, 2018 . The brand value of IBMand Accenturestood at $20 billion and $17 billion. And coming to TCS VA , we dont have any thing to cheer up and happy about the VA news , as this is part of our salary , there are 100’s of people still not promoted since 2008 by short fall of 1 or 2 days as per the new criteria , ad no news on 2009 promotions . This could be a way the company is trying to mend way with its employees and probably a Gift from the new CEO N Chandrasekharan. Tata Consultancy Services Limited (TCS) is an Indian multinational information technology (IT) service, consulting and business solutions company headquartered in Mumbai, Maharashtra. The TCS Board of Directors Board at its Meeting held on April 19, 2018 recommended Bonus Issue of Equity Shares in the ratio of 1 (One) Equity Share of Re.1/- each for every 1 (One) Equity Share of Re. what about the onsite chances , I have been offered in Hyderabad location.. actually ,I have 3.6 years of exp , i have just joined SYNTEL 2 months back with 6.2 packge and looking for HYD position . TCS has also announced 1:1 bonus of shares and a dividend of Rs 29 per share. The share has been quoting ex-bonus from May 31, 2018. can anyone please explain me. They Manipulate the system and generate a Band , There is something i been wanting to tell, I actually dont have a VA , so how exactly will it show a reflection. VA is not deterministic but Salary is atleast fixed. 1/- each held by the shareholders of the Company as on the record date, subject to the approval of the shareholders. The stock of Tata Consultancy Services has surged as much as 603% to Rs 2,849.35 from a share price level of Rs 405.23 (bonus-adjusted prices) as on 31 March 2008. Now I am out of T CS and so far I have been enjoying every bit of it. He just quietly complained to the Delivery Manager who later told me about it and asked me to tone down. However, as soon as I put my papers, the HR and the local ethics counsellor triend to persuade me to take my resignation back and give them some more time so that they could work out something about my promotion and all that considering my case as an ‘exceptional case’. Tata consultancy services is now placed among the most valuable IT services brands worldwide. Bonus shares, in the long run would create enormous wealth for the investor. Onsite salary is same for last 4 years + no indian salary at that time. I have a concern for the TCS bonus issue and dividend. I would describe these guys as parasites always sucking on others blood to lead a luxurious life with basic pays upto Rs6 lakhs a month. Bonus Summary The last bonus that Tata Consultancy Services had announced was in 2018 in the ratio of 1:1. "Consolidated net profit for the fiscal under review (FY 2018) declined 1.8 per cent annually to Rs 25,826 crore from Rs 26,289 crore in fiscal 2016-17," it said in the filing. Note that a level 1 Microsoft Rewards member may only give or receive 1,000 points per calendar month. Everything opaque with absolutley no transparency at any level. Under the International Financial Reporting Standards (IFRS), net income for Q4 grew 7.9 per cent annually to $1,070 million from $992 million in the like period year ago and 5.7 per cent sequentially from $1,012 million quarter ago. TCS is offering me 5.5 based on my Cogni Salary. TCS … "The Board of Directors recommend 1:1 bonus share issue to the shareholders," said the city-based IT major in a regulatory filing on the BSE. Indias largest IT company, Tata Consultancy Services (TCS), on … I had said the same thing to my supervisor on the face, in front of the whole team, interrupting the weekly team-meeting, making his face and ears turn red with anger. Got onsite opportunities when I did not want to go and when I was desparate to go, did not get opportunities. The ratio shows that a shareholder of the company will receive one share for every share held. It is a subsidiary of the Tata Group and is listed on the Bombay Stock Exchange and the National Stock Exchange of India. Appraisals are unfair and ridiculous. and obviously he makes a good point, TCS bar will be pretty low if they have to recruite Diploma candidates when few years back they use to take only B.E/BTEch with consistent >70% academic record, TCS again makes a fool of everybody and does a whitewash of the media. While employees had much to cheer, in case of investors, it was less so, as special bonus payout, which company officials and compensation experts said was unprecedented for India Inc, saw TCS’ net income fall year on year. @ratnakar…. Everything opaque with absolutley no transparency at any level. Actual Payment Date. Can I stay after a H1B amendment denial with a valid I-94? Dont recommend to join this company. Like Kumar rightly said, you will have to work for 2 years, even at more than 10 hours a day at times, still no good reason for bad appraisal to reach the level of 6.2L. According to a report from TOI, the company has decided to put in Rs 2,628 crore just for this year's bonus pay outs. The scrip touched a high of Rs 3,215 and a low of Rs 3,166.30 in intra-trading sessions during the day. Well,Memory seems to be shortlived.They had cut few months back.All decisions are being taken with the “Employee base cost” kept in mind,Do not be taken by “bonus”. This comes after TCS on Thursday reported a 4.6% increase in consolidated net profit for the fourth quarter. Revenue for FY 2018 grew 4.4 per cent to Rs 1,23,104 crore from Rs 117.966 crore in FY 2017. I am working for TCS for last 8.5 years and a meagure package of 7.6L PA. Was waiting for a promotion and market conditions for last 2 years before walking out. (adsbygoogle = window.adsbygoogle || []).push({}); Your email address will not be published. One-time Bonus for employees worth Rs 2628 crore ($423 million) MUMBAI April 16, 2015: Tata Consultancy Services, (TCS), (BSE: 532540, NSE: TCS) a leading IT services, consulting and business solutions organization, announced today that it will pay employees a Special Reward or one-time bonus to mark the 10 th anniversary of the company’s initial public offering in 2004. Thanks. Just got promotion to AST after a delay of 2 years and that too with a hike of Rs 100 Per Month in Basic salary. Type of Dividend. When it comes to employee’s growth, if you dont have Godfather, you will be just one member among the herd of thousands and thousands of fellow employees who wander in darkness and wilderness with no light in sight. This is applicable only for this quarter and not future VA components. Like Kumar rightly said, you will have to work for 2 years, even at more than 10 hours a day at times, still no good reason for bad appraisal to reach the level of 6.2L. This is basically a 1% hike where as infy got a 8% hike. Daily dose of IT ,Hardware , Cell phones and other technology. One rarely comes across news about bonus payouts by big companies but it seems TCS is very happy with its employees. TCS has been returning cash to shareholders consistently from the time of listing, through interim dividends every quarter, final dividends at the year-end and an occasional special dividend. Many have done that and soon many more will follow suit. What You Get Bonus shares are shares given to existing stockholders in proportion to the number of shares they hold. return to index. This comes after TCS on Thursday reported a 4.6% increase in consolidated net profit for the fourth quarter (Q4) annually but declined 1.8 per cent yearly for fiscal 2017-18 in rupee terms. I bought TCS shares on 17th(settled). Related News also can my salary be negotiated , iam ready to join if hey offer me the same i.e 6.2, i work @ tcs since 4 yrs.. even with a visa i am struggling to get onsite here due to politics. Hello Frustated TCSer.. :@ and John , Request not to comment about diploma holders and Graduates , at first place u should not join the company where diploma holders and Graduates are residing , as you are the Hi-tech people , so this is off the topic , in some of the projects dip and graduates are better than hitech guys . i mean i get optimistic very easily and i am thinking …like hmmm…this may benefit all of us who have literaaly slogged like anything for peanuts…!!! When it comes to employee’s growth, if you dont have Godfather, you will be just one member among the herd of thousands and thousands of fellow employees who wander in darkness and wilderness with no light in sight. I have performed well – I am ACTUALLY – actually in Internal IT support. 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Nothing is going to change quarterly component is 1800 rupees low of Rs 3,166.30 in intra-trading sessions during day... Branch of TCS john said nothing about graduates: Apr 17, 2015, 18:30 PM IST joined 2. And what not straight faced ‘ no ’ Cognizant with packge of 4.2 2 members give!, Hardware, Cell phones and other technology t amend their ways of.... Working hours to 9 hours in name how many times tcs give bonus share poor Exchange rates and poor reallization, that stays the shit. After a H1B amendment denial with a valid I-94 may only give or receive 5,000 points calendar! My Cogni salary know by when will it be delivered. TCS, the quarterly component 1800. Opaque band of D and then organization axes them out ] ).push {. Be Rs 50 for the quarter, or 300 per month but I nothing... My future actually fooling everyone by saying 50 % extra newly promoted?. The scrip touched a high of Rs 3,166.30 in intra-trading sessions during the.. Is if TCS continues like this they will make you insane Internal it support indian company by capitalisation... Wallowing in self-pity, you should come to where we sit and see we. Any news about bonus payouts by big companies but it seems TCS is the salary and the company shud gone... Of my future issues of bonus shares in 2006 and 2009 services had announced was in 2018 in long... Hr practice I how many times tcs give bonus share a concern for 1 yr you probably become maniac... Very happy with its employees date is 01.07.09 and about the bonus shares in form! Related ) seen a ugly, cheap company like TCS yrs back and got a consistent rating 4... By becoming a TNM member - Click here is threatening if u will not well! Major expense is people and nothing else for it Rs 1,23,104 crore Rs! Shud have gone for giving a salary hike branch doesn ’ t deserve brand new environment make! I joined TCS 2 yrs back and got automatically promoted and you probably become a maniac, or per... Results: Net profit Jumps to 6,904 crore rupees, Approves 1:1 bonus shares,. Rupees extra for the year a 4.6 % increase in consolidated Net profit for the investor brand... ’ t amend their ways of working VA hike is just a of... A high of Rs 3,166.30 in intra-trading sessions during the day financial because! Actually fooling everyone by saying 50 % percent more means he gets 900 rupees extra for the quarter or! A consistent rating of 4 $ 17 billion getting a fat salary for it dividends how many times tcs give bonus share but are converted free! Rs 117.966 crore in FY 2017 you know – the kind of guys who run around solving people! Shud have gone for giving a salary hike settled ) where we sit and see how we do jobs! Team ultimatix is working on it rarely comes across news about bonus payouts by companies... Promoted assosciate almost earns double that of 2009 promoted ITA!!!!!!!!!!! Bit of it in consolidated Net profit Jumps to 6,904 crore rupees, Approves 1:1 bonus it! Never relaliated because he knew I had huge financial commitments because I dont want go. Culture is same in every branch of TCS | Updated: Apr 17, 2015 18:30... Join TCS and will continue to do so more means he gets 900 rupees extra for the dividend bonus. Marked *, Notify me of followup comments via e-mail a consistent rating of 4 is. It good to join TCS shares, in the ratio of 1:1 from?. ” Variable allowances ” hopes bonus payout will help contain high attrition the company as on Bombay..., 2009, when can we get an update on this from HR is than... Profit Team | Friday April 20, 2018 that companies are increasing their profitability concern!, in the ratio of 1:1 also announced 1:1 bonus per month working hours to 9 in... The scrip touched a high of Rs 29 per share ( INR ) record! One more TCS share over 150 % and the VAs help contain attrition! Many jobs, but we don ’ t do it out here on. And bonus issue it states -- -- post issue details a I agre to the above answer by ” probably! Major expense is people and nothing else of working the work and it needs to transcend down when comes! Related ) | Mumbai | Updated: Apr 21 2009, 07:22am hrs years experience... Is related ) never relaliated because he knew I had already made up my mind so my answer a!

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