Home / Economy / News / Good news for employees: Companies may pay 100% variable salary this year

Good news for employees: Companies may pay 100% variable salary this year

The employees who will benefit from this include workers in auto and auto ancillary, manufacturing, consulting and chemicals units besides pockets of the technology, banking and financial industries

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Last Updated : Apr 17 2018 | 3:22 PM IST

Employees in most sectors might get a huge relief this year, with companies paying the variable components of their salaries in full this appraisal season, reported The Economic Times.

The employees who will benefit from this will be workers in the auto and auto ancillary, manufacturing, consulting and chemicals units, besides pockets of the technology, banking and financial industries, ET reported.

However, employees in sectors like real estate and telecom might not benefit much, as the firms are likely to give lower variable pay to workers.

Most companies might pay 100 per cent or more as variable pay because these

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