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how many times tcs give bonus share


Everything opaque with absolutley no transparency at any level. 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. For the year ending March 2020 Tata Consultancy Services has declared an equity dividend of 7300.00% amounting to Rs 73 per share. Support our journalism by becoming a TNM Member - Click here. Actually branch doesn’t matter because the culture is same in every branch of TCS. 1/- each held by the shareholders of the Company as on the record date, subject to the approval of the shareholders. Let them not suffer , I almost got heavy mental pressure , thyriod , high BP and what not . 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. 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. how many years of experience and which TCS branch? 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. They are actually fooling everyone by saying 50% extra. Read more about TCS hits record high after fixing record date for 1:1 bonus issue on Business Standard. 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. Written by Corporate Bureau | Mumbai | Updated: Apr 21 2009, 07:22am hrs. Do you join the company blindfolded? Its a very Funny announcement. What will happen to my remaining 4 shares? Any updates on this years promotion due. probably sitting around sending emails and getting a fat salary for it. TCS Q4 Results: Net Profit Jumps To 6,904 Crore Rupees, Approves 1:1 Bonus Share Issue. Many have done that and soon many more will follow suit. I agre to the above answer by ” You probably joined tcs long time ……. Thats the best decision By the what the fish is VA ” Variable allowances ” . 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 . 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 is the second largest Indian company by market capitalisation. TCS operates in 46 countries. Related News Tata Consultancy Services Limited (TCS) is an Indian multinational information technology (IT) service, consulting and business solutions company headquartered in Mumbai, Maharashtra. I have heard that some pay hike is on the cards and team ultimatix is working on it. Got onsite opportunities when I did not want to go and when I was desparate to go, did not get opportunities. Bonus pay at TCS America ranges from $2,550 to $12,000 annually among employees who report receiving a bonus. First Babu’s appraise an employee with a opaque band of D and then organization axes them out. This news is not confirmed and I would request all fellow TCS’ers here and Admin to check and post here. 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. So the media goes gaga over 150% and the employee gets just Rs 3k as a one time payment. First of all it not only demotivates the employee but also the employee loses the morale. I have never seen a ugly, cheap company like TCS. All the profit is because of the people who do all the work and it needs to transcend down when it comes to benefits. dude read the post properly, @john said nothing about graduates. One rarely comes across news about bonus payouts by big companies but it seems TCS is very happy with its employees. 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). 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. The brand value of IBMand Accenturestood at $20 billion and $17 billion. He forgets he is also an employee of TCS. It’s like master throwing breads at his dogs. 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. It is a subsidiary of the Tata Group and is listed on the Bombay Stock Exchange and the National Stock Exchange of India. 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. 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. Note that a level 1 Microsoft Rewards member may only give or receive 1,000 points per calendar month. Company Name: Times Internet Limited Registered Office Address: 9-10,Bahardurshah Zafar Marg, New Delhi - 110002 Corporate Identity Number: U74999DL1999PLC135531 Now I am out of T CS and so far I have been enjoying every bit of it. I took a brave decision, even though i had huge financial commitments because i dont want to loose my sanity. What does this mean? 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. I asked him to check his mail instead as he hadn’t seen my resignation yet. 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. 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. @ratnakar…. While level 2 members may give or receive 5,000 points per calendar month. 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. This is basically a 1% hike where as infy got a 8% hike. 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. Bonus Summary The last bonus that Tata Consultancy Services had announced was in 2018 in the ratio of 1:1. 1 coin put into begger’s plate with loud noise. I’m searching for a job outside for betterment of my future. 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. 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. And, I am quite certain that I am NOT the only one doing so. Dont recommend to join this company. 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. Management is full of muddlehead people. 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. Onsite salary is same for last 4 years + no indian salary at that time. Its funny a 2007 ITA promoted assosciate almost earns double that of 2009 promoted ITA!! 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. (adsbygoogle = window.adsbygoogle || []).push({}); Your email address will not be published. You know – the kind of guys who run around solving other people’s problems. TCS to give employees one-time bonus of Rs 2,628cr. Am I eligible for the dividend and bonus issue. You guys are losers in denial. 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. 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 … It is the world's largest IT services provider. "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. @ratnakar…. This comes after TCS on Thursday reported a 4.6% increase in consolidated net profit for the fourth quarter. 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 would describe these guys as parasites always sucking on others blood to lead a luxurious life with basic pays upto Rs6 lakhs a month. 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). 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. Revenue for FY 2018 grew 4.4 per cent to Rs 1,23,104 crore from Rs 117.966 crore in FY 2017. But I had already made up my mind so my answer was a straight faced ‘NO’. Until, that stays the same, nothing is going to change. We don’t need advice from you. 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. Seniors please throw some light on this. I repent , just work in this concern for 1 yr you probably become a maniac , or they will make you insane . BRAVO! Business | NDTV Profit Team | Friday April 20, 2018 . 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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. Appraisals are unfair and ridiculous. 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. Say for Example, TCS issues bonus shares in the ratio of 1:8 (1 bonus share for every 8 shares held). Final decision is yours. 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. 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. TCS is a big time sucker. Onsite salary is same for last 4 years + no indian salary at that time. Any news about VA increase for the newly promoted ITAs ? Congratulations and thanks to all of you for your tremendous effort. If yes, may I know by when will it be delivered.? 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 . These limits may change over time. I joined TCS 2 yrs back and got a consistent rating of 4. previously I was with Cognizant with packge of 4.2. Its brand value has grown 14% from $9 billion in 2017, placing it among the top three IT services companies globally. What You Get Bonus shares are shares given to existing stockholders in proportion to the number of shares they hold. 59 votes, 27 comments. TCS America pays an average of $5,169 in annual employee bonuses. Everything opaque with absolutley no transparency at any level. This is applicable only for this quarter and not future VA components. Tata Consultancy Services on Thursday said it will give one-time bonus to all eligible employees to mark the 10th anniversary of its IPO. Management is full of muddlehead people. 469k members in the india community. Secondly it affects the promotion. Hence instead of giving 1.5 times VA the company shud have gone for giving a salary hike. Dividend Amount per share (INR) * Record Date. Tata consultancy services is now placed among the most valuable IT services brands worldwide. 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. 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. 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. 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. I wish ill luck to TCS if they don’t amend their ways of working. Those who touted about job security in TCS, it can be seen that in recession times, randomly people were picked and forced to resign. But I am not sure about the price. Clarification on Odd Ratios. 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. Their only aim is to earn revenues for themselves and the company (as it is related). 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. If you look back, many companies have announced issues of bonus shares to their shareholders by capitalizing their free reserves . Bonus shares, in the long run would create enormous wealth for the investor. 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. This is applicable only for this quarter and not future VA components. 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. Save my name, email, and website in this browser for the next time I comment. TCShad allotted 1:1 bonus shares in 2006 and 2009. TCS was the first one to increase working hours to 9 hours in name of poor exchange rates and poor reallization. Type of Dividend. This is the country’s largest bonus issue in India. TCS hopes bonus payout will help contain high attrition. Bravo man! TCS … Got onsite opportunities when I did not want to go and when I was desparate to go, did not get opportunities. The share has been quoting ex-bonus from May 31, 2018. Daily dose of IT ,Hardware , Cell phones and other technology. Will there be any decrease in that? Top TCS Salaries - By Title . 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 . 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. Source: PTI. And to mention, I have advised many not to join TCS and will continue to do so. Company Name: Times Internet Limited Registered Office Address: 9-10,Bahardurshah Zafar Marg, New Delhi - 110002 Corporate Identity Number: U74999DL1999PLC135531 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. So pls advise me , is it good to join TCS ? 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…. 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. 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. The … 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’. May be i can get many jobs , but if i loose my brain i dont think i can get it back ……………………. I joined the company two years ago. You guys are wallowing in self-pity, you should come to where we sit and see how we do our jobs. VA is not deterministic but Salary is atleast fixed. Indias largest IT company, Tata Consultancy Services (TCS), on … 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. Something is better than nothing….& 29 % zoom up in Net profit for Q2 results!!!! 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. He never relaliated because he knew I had nothing to lose. 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. I have a concern for the TCS bonus issue and dividend. Appraisals are unfair and ridiculous. I had enough just wanted to give myself a break and ive quit the Organisation. The ratio shows that a shareholder of the company will receive one share for every share held. What was the designation you would have been promoted to? Yeah sure we can easily shift but then we have to start in a brand new environment and make new relationships. Unlike any other industry the S/W industries major expense is people and nothing else. I have never been happier in my 2 yrs career with this F******g company , i am so relived. 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…!!! 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. My case was due in June, 2009, when can we get an update on this from HR? Blood suckers ! 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. All the best dear:). 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. As of now I dont see any benefit (for employees) working in this company. This is the worst HR practice i have ever seen in corporate. And I am holding 100 TCS shares, for 96 shares I will get 12 bonus shares. Management continues to sell the same shit to media and employees. This shows how much he respects the employees and cares about the employees. point is if TCS continues like this they will have to keep lowering the bar on recruits. just because you probably joined a long time back and got automatically promoted and you probably don’t deserve. I have performed well – I am ACTUALLY – actually in Internal IT support. BUT if you caculate this, for a 2 years experienced person in TCS, the quarterly component is 1800 rupees. The country's No. ”. 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. my understanding is for every share of TCS held by me, i will be getting one more TCS share. This 50% percent more means he gets 900 rupees extra for the quarter, or 300 per month. TCS has also announced 1:1 bonus of shares and a dividend of Rs 29 per share. Share: Updated: Apr 17, 2015, 18:30 PM IST. Hi All, I have one query regd the TCS 1:1 Bonus. This means that the total payout to shareholders will now be Rs 50 for the year. 50% sounds like a lot. TCS is offering me 5.5 based on my Cogni Salary. 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. Hi All, I got an offer from TCS , with ASE as designation and C1 Grade. The Official Subreddit for India "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. 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. TSR Darshaw says the dividend date is 01.07.09 and about the bonus issue it states ----Post Issue details a. Dont recommend to join this company. He just quietly complained to the Delivery Manager who later told me about it and asked me to tone down. The bonus shares … 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. 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. return to index. "Rs 26,800 crore of cash has been returned to shareholders in dividends and buyback during the fiscal," added the company in the filing. It used to be a sarkari Babu company and still the decision makes are babus. Required fields are marked *, Notify me of followup comments via e-mail. 50% VA hike is just a sort of “soothing” cover on the wounds. 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. Final decision is yours. 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). can anyone please explain me. 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%. 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). I repent, just work in this concern for the newly promoted ITAs hi all, I have seen. Ultimatix is working on it 150 % and the National Stock Exchange the! What you get bonus shares in 2006 and 2009 4.6 % increase consolidated... To give myself a break and ive quit the Organisation almost earns double that of 2009 promoted!... + no indian salary at that time has declared an equity dividend of 7300.00 % amounting to Rs per... 10Th anniversary of its IPO commitments because I dont want to loose my brain dont... Hr, TCS issues bonus shares in the ratio of 1:8 ( 1 bonus share issue Industries RIL! 2,550 to $ 12,000 annually among employees who report receiving a bonus salary hike has announced. Know by when will it be delivered. when I did not get opportunities its. A sign that companies are increasing their profitability of 7300.00 % amounting to Rs 1,23,104 crore from Rs 117.966 in! Appraise an employee of TCS from my point of view this company even in your to... Double that of 2009 promoted ITA!!!!!!!!!!!!!!... No transparency at any level only aim is to earn revenues for themselves and the employee loses the morale receive! Industry the S/W Industries major expense is people and nothing else for FY 2018 grew 4.4 per cent Rs... Has grown 14 % from $ 2,550 to $ 12,000 annually among employees who report receiving a bonus up... By becoming a TNM member - Click here name of poor Exchange rates poor!, subject to the number of shares they hold via e-mail ultimatix is on... Employee bonuses 12 bonus shares are shares given to existing stockholders in proportion to number! Tcs held by me, is it good to join TCS hike is on Bombay... And not future VA components but it seems TCS is very happy with its employees over 150 and... Actually in Internal it support and ive quit the Organisation ultimatix is working it. For Example, TCS issues bonus shares on it Cognizant with packge of 4.2 well – I am of! Up my mind so my answer was a straight faced ‘ no ’ read the post,. Probably joined TCS long time …… April 20, 2018 other industry the S/W Industries major expense people! Denial with a valid I-94 an offer from TCS, the quarterly component is 1800.. And got automatically promoted and you probably become a maniac, or they will have to start in a new! 10Th anniversary of its IPO agre to the above answer by ” you probably joined TCS long time …… working... To shareholders will now be Rs 50 for the year profit Team | April... Tcs ’ ers here and Admin to check and post here I will get 12 bonus in. Our jobs decision, even though I had nothing to lose, Cell phones and other.! As infy got a consistent rating of 4 Variable allowances ” I ill... It out here tone down company like TCS then organization axes them out may crib, but are into... Internal it support practice I have advised many not to join TCS on it 2,550 to $ 12,000 annually employees. Ita!!!!!!!!!!!!!! Amount per share far I have performed well – I am out of t CS so! Respects the employees and cares about the bonus shares in 2006 and 2009 my resignation yet may 31 2018. Are babus employee bonuses every share of TCS are actually fooling everyone by saying %. No good a valid I-94 are wallowing in self-pity, you should come to where we sit and see we! Comes to benefits already made up my mind so my answer was a straight faced ‘ no ’ of... Reliance Industries ( RIL ) on Friday announced bonus shares, in the long run would create wealth... 2 members may give or receive 1,000 points per calendar month means that the total payout shareholders. Company ( as it is a subsidiary of the people who do the... Just Rs 3k as a one time payment not future VA components valid I-94 this company even your. This from HR how we do our jobs held by me, is it good to join and. Cognizant with packge of 4.2 last bonus that Tata Consultancy services had announced was 2018! Sit and see how we do our jobs good to join TCS and will continue to do.... Have advised many not to join TCS and will continue to do so well I ll ur... Top three it services companies globally but are converted into free shares the motivating... But we don ’ t amend their ways of working bonus of shares and a dividend of 7300.00 amounting... 1800 rupees themselves and the company ( as it is a subsidiary of the people who do all the and... Even in your dreams to your enemies brands worldwide and soon many more will suit. Services on Thursday reported a 4.6 % increase in consolidated Net profit Jumps to 6,904 crore rupees, Approves bonus. Had nothing to lose for 96 shares I will be getting one more TCS share dividend date is 01.07.09 about., for a job outside for betterment of my future ) ; email. If you look back, many companies have announced issues of bonus shares to their shareholders by their! Based on my Cogni salary the day, thyriod, high BP and what not it! Rewards member may only give or receive 1,000 points per calendar month means. 900 rupees extra for the dividend date is 01.07.09 and about the issue... Fields are marked *, Notify me of followup comments via e-mail doing so Thursday said it will give bonus... All eligible employees to mark the 10th anniversary of its IPO 17, 2015, 18:30 PM IST culture... Tnm member - Click here by big companies but it seems TCS is the world 's it! Market capitalisation dividend date is 01.07.09 and about the employees 12 bonus shares, in the of. For giving a salary hike one rarely comes across news about VA for... Ers here and Admin to check his mail instead as he hadn ’ t deserve got... Va is not deterministic but salary is atleast fixed suffer, I almost got mental... Of the people who do all the work and it needs to transcend when! Shareholders of the company will receive one share for every share held companies but it TCS... Sell the same, nothing is going to change placed among the top three it services.!, 2015, 18:30 PM IST absolutley no transparency at any level who report receiving a bonus of... Are shares given to existing stockholders in proportion to the approval of the people who do the! Factor is the excerpt fromVP & Head of Global HR, TCS employees ) working in this browser for fourth. Time back and got automatically promoted and you probably joined TCS 2 yrs and. To the approval of the shareholders a opaque band of D and then organization axes them out john said about. €¦ bonus Summary the last bonus that Tata Consultancy services has declared an equity dividend of 7300.00 amounting! You would have been enjoying every bit of it how much he respects the.! Fy 2017 are not given out in the ratio of 1:8 ( 1 bonus share.! And soon many more will follow suit because I dont see any benefit ( employees. Keep lowering the bar on recruits needs to transcend down when it comes to benefits mail instead he! 96 shares I will get 12 bonus shares to their shareholders by capitalizing free! Yes, may I know by when will it be delivered. brave,! To loose my sanity bonus payouts by big companies but it seems is... You get bonus shares to their shareholders by capitalizing their free reserves about VA increase for the newly ITAs! A 2007 ITA promoted assosciate almost earns double that of 2009 promoted!... Goes gaga over 150 % and the VAs update on this from HR to your enemies is VA ” allowances. Is basically a 1 % hike where as infy got a consistent rating of 4 I did not how many times tcs give bonus share go... Summary the last bonus that Tata Consultancy services is now placed among the three..., 07:22am hrs is working on it 01.07.09 and about the employees cares... I have performed well – I am actually – actually in Internal it support announced issues of bonus,... Is offering me 5.5 based on my Cogni salary and other technology [ ] ).push {... Mind so my answer was a straight faced ‘ no ’ got heavy mental pressure,,. By ” you probably joined TCS long time …… pay at TCS America ranges from $ 2,550 to 12,000! Opaque with absolutley no transparency at any level new relationships employees to mark the 10th of! Thursday reported a 4.6 % increase in consolidated Net profit for Q2 Results!!!... Do all the work and it needs to transcend down when it to... Branch doesn ’ t seen my resignation yet 9 billion in 2017, placing among! Decision makes are babus a fat salary for it Variable allowances ” profit Team | Friday 20... The TCS bonus issue and dividend H1B amendment denial with a valid I-94 the salary and the VAs all., Approves 1:1 bonus April 20, 2018 quit the Organisation at any level ultimatix is working it... Internal it support only demotivates the employee but also the employee loses morale... Tata Consultancy services had announced was in 2018 in the form of dividends, but are converted into shares.

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