IT companies dole out 100% variable pay to retain talent

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After stepping up hiring and giving back-to-back pay hikes in the past two quarters, IT services companies are now doling out 100% variable pay to their employees.

The pay-out this quarter is more than the last two, when the variables were not paid out in full at most companies. This is yet another step by the IT services providers to address rising attrition rate, at a time when they are signing up new clients and expanding existing contracts

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