Around 25% of the organizations are planning to include variable pay in the wage definition. One out of three organizations in India are also likely to increase the basic pay, as per WTW report.

The variable pay being purely performance-driven could ... performance-based variable model are plenty. While the lack of a sample space makes the judgment of each somewhat subjective, the ...

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.