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Large IT Cos cut variable component of salaries 10 January 2012
The report added that variable compensation amounted to 4-6 per cent of the revenues of tier-1 IT companies (Infosys, Wipro and TCS), and 20-30 per cent of their offshore salary costs. The offshore salary ranges between 18 per cent and...
Keywords: uncertain economic outlook, , variable component of employees, Wipro
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Indian Techies spin magic dollars closing Rs.667 Cr deal with cloud storage solution 28 December 2011
The story of Gluster starts in a small children’s bedroom of Hitesh Chellani along with his friend Anand Babu Periyaswamy with a small investment of $200,000. They shared a unique dream of creating a software solution to increase the cloud...
Keywords: Rs.667 Cr deal, Anand Babu Periyaswamy, Hitesh Chellani, Red Hat
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