Is Tcs Giving Hike To Employees: Latest Updates

Is Tata Consultancy Services (TCS) providing bonuses to its employees? Yes, indeed. TCS has introduced a global bonus program that extends eligibility to all employees who have completed at least one year of service with the company. Under this initiative, employees will receive a special bonus payment, which is calculated based on their years of service. Specifically, each employee will be entitled to a bonus equivalent to one week’s salary for every year they have worked at TCS. This bonus program serves as a token of appreciation for employees’ dedication and commitment to the company, fostering a culture of recognition and reward within TCS.

In the fiscal year 2023, Tata Consultancy Services (TCS) has distributed dividends to its shareholders, including an interim dividend of ₹8 per share and a special dividend of ₹67 per share. It’s worth noting that these dividends became effective after the stock went ex-dividend in January 2023. These recent dividends mark the third round of interim dividends, which include special dividends, for the fiscal year. To provide some context, the first interim dividend of ₹8 per equity share was issued back in July 2022. Furthermore, as of April 11th, 2023, investors have received these dividend payments from TCS.