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Satyam reinstates variable pay

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BS Reporter Hyderabad
Last Updated : Jan 20 2013 | 11:39 PM IST

Mahindra Satyam, the renamed and reowned version of Satyam Computer Services, announced today its decision to reinstate the variable portion of the pay for employees across all levels.

The company had suspended this in April, after it was mired in a crisis.

This will come into effect from October and be paid by the end of the third quarter. The variable pay will comprise 10-30 per cent of the actual pay, depending on the band in which the employees are in, a company source said.

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First Published: Sep 09 2009 | 12:37 AM IST

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