TCS announces 100% variable pay for majority of employees for Q1FY26: Report

India’s largest IT services company, Tata Consultancy Services (TCS), has announced 100 per cent quarterly variable pay for a majority of its workforce for the April–June 2025 quarter (Q1FY26), as per a report by The Economic Times.

According to The Economic Times, in an internal email to employees last week, Chief Human Resources Officer Milind Lakkad said that over 70 per cent of TCS employees will receive full quarterly variable allowance (QVA) for the period.