Toronto-Dominion Bank slashed last year’s pay for its top US executive, Leo Salom, in the wake of its historic ...

Govil explained that the rest of the employees would get variable pay based on individual business unit performance. “Variable pay for the quarter will be in line with what we did last quarter.

The idea of performance-based variable pay was discussed during the recently held BCCI review meeting in Mumbai to ensure that the players are more “accountable” and do not have an indifferent ...

Tata Consultancy Services (TCS), country’s largest IT giant, has rolled out quarterly variable pay (QVP) for October-December quarter to eligible employees. According to QVP, senior level ...

Tata Consultancy Services (TCS) has once again reduced the variable pay for its senior employees for the October-December quarter, linking payouts to office attendance. Tata Consultancy Services ...

Deferred-income annuities (also known as longevity insurance) are a close cousin: You pay a lump sum in exchange for a higher payout that starts several years in the future. But variable annuities ...

The Union Ministry of Education on Thursday asked the Board of Indian Institute of Management (IIM), Rohtak to either suspend institute Director Dheeraj Sharma or send him on leave till the completion ...